Equity Settlements

Banking & Finance Stock Broking Sydney Permanent / Full Time

• Market Maker
• Competitive Salary
• CBD Based

Our client, is seeking an enthusiastic Equities Settlements candidate to join their lively and fast team.

The responsibilities of the role include:

• Covering CHESS market obligations: Ensure compliance with CHESS market obligations and regulations.
• CHESS Conversions: Process conversions from Issuer-sponsored to/from CHESS sponsored securities.
• DVP Settlements/Margin Lending Settlements: Process Delivery Verses Payment (DVP) settlements and margin lending settlements.
• Corporate Actions and Takeovers/Buy Backs: Coordinate and process corporate actions, takeovers, and buybacks, including market protections.
• Off Market Transfers: Process off-market transfers efficiently and accurately.
• Sponsored CHESS Holdings Management: Process sponsored CHESS holdings and ensure their smooth operation.
• Options Collateral Management: Process options collateral and ensure accurate management.
• MFunds on ASX: Process Mutual Funds (MFunds) on the ASX platform.
• Monitoring of Trades and Suspense Accounts: Keep a vigilant eye on trade bookings and suspense accounts, taking action as needed.

To be considered for the role you will:

• Prior Stockbroking industry experience with equity and /or options processing.
• Familiar with ASX rules and compliance requirements for CHESS sponsored and processes.
• Knowledge of CHESS market obligations and regulations.
• Proficiency in handling corporate actions and other post-trade activities.
• Experience with GBST Shares™
• Experience with GBST DCA™ or a similar options back-office system
• Minimum 3 years’ experience in a stockbroking back-office role
• Detailed knowledge of CHESS, Settlements, Options and Corporate Actions

To be considered for this role please Apply Now.