Associate, Trade Support - Market Operations

Posted:
9/8/2024, 1:43:20 PM

Location(s):
Sydney, New South Wales, Australia ⋅ New South Wales, Australia

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Operations & Logistics

Do Work That Matters.
CommBank’s Trade Support team is looking for an Associate to join our Market Operations business in supporting CommBank’s Front Office in establishing and maintaining trading activity across a range of Financial Market Products that we offer.

The trade support team is focussed on supporting traders, performing Trade Validation, Trade Settlements, Rate Setting and Reconciliation of Fixed Income, Interest Rate & Derivative products.

 

The Role.
You will work with and alongside the traders and sales team to validate and process trades across various products including Interest Rate Derivatives, Fixed Income, FX products, Credit Derivatives and Equities. You will also ensure the timely allocation of trades, reconciliations and help generate and analyse reports, assist with brokerage payments and escalate any issues when and where necessary.
 

You will also;

  • Work closely with other Trade Support team members and stakeholders particularly the Front office to ensure successful administration of trades.
  • Help maintain procedures, including the completion of testing & implementation of new processes/procedures
  • Keep abreast of the latest market developments in products, processing and confirmations standards
  • Update & provide informative management reporting
  • Adhere to the Code of Conduct. The Code of Conduct sets the standards of behaviour, actions and decisions we expect from our people
     

We’re interested in hearing from people who have:

You will ideally have a background in economics or accounting and will have well-established attention to detail skills. You would have a risk mindset and will be willing to learn and apply this mindset to your work. You will either have an awareness of the Trade Support role, or some understanding of Financial Markets products

You may also have;

  • Well-developed relationship building skills to maintain and enhance Trader and Operations relationship.
  • Highly tuned risk mindset, with exposure to complex products in highly regulated environments.
     

From here, the opportunities are endless 

At CommBank, we’re committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a value’s driven organisation, we nurture and support our people, through focusing on skill and talent development, collaboration, flexibility and internal promotion. With service in mind at every touch point, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities. 
 

We support our people with the flexibility to balance where work is done with at least half their time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work in the role you’re interested in.

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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Advertising End Date: 20/09/2024

Commonwealth Bank Australia

Website: https://commbank.com.au/

Headquarter Location: Sydney, New South Wales, Australia

Employee Count: 10001+

Year Founded: 1911

Last Funding Type: Post-IPO Debt

Industries: Banking ⋅ Finance ⋅ Financial Services ⋅ Wealth Management