Associate - Trade Confirmation Operations

Posted:
1/5/2025, 8:09:44 AM

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

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

Field(s):
Customer Success & Support ⋅ Operations & Logistics

Do Work That Matters.
CommBank’s Confirmations Operations team, looking for an Associate to join this high performing function, operating within our Market Operations business and focussed on providing operational support to our Global Markets, Commodity and Treasury trading desks.

Sitting within our Chief Operating Office (COO), our Market Operations business is a team of 400 Operations Professionals who support our Global Lending, Markets, CommSec, Trade Finance, Treasury and Payments businesses globally. 

The Role.
As a Confirmations Associate, you will prepare and follow up Trade Confirmations for Financial Market Products including Interest Rate Derivatives, FX products, Credit Derivatives and Commodities/Precious Metals transactions in accordance with Bank policy and current ISDA standards. This also includes manual Trade Confirmation drafting.
 

You will collaborate with your confirmation team members and our front-office stakeholders to ensure our customer and clients receive their trade confirmations on-time and to the highest quality level. To do this, you will also be required to deliver trade reporting in accordance with Bank policy & global market standards.
 

You will also uphold outstanding customer service relating to the confirmations function responding accurately to queries and questions from our stakeholders.
 

On any given day you will:

  • Process ISDA confirmation on trades captured
  • Work across multiple global market products including; Derivatives, FX and Commodities.
  • Collaborate with your team and stakeholders internally to identify opportunities to improve the efficiency of the function
  • Improve productivity through reviewing policy, process and procedures
     

We’re interested in hearing from people who have:
You will have some global markets knowledge across various asset classes, preferably from an operations or middle/back office environment and will be comfortable working autonomously. You will have some understanding of the trade confirmations life-cycle and will be skilled at creating and maintaining strong working partnerships with your colleagues and stakeholders.
 

You will also have:

  • Experience with Murex or Wallstreet or an AFMA accreditation is highly desirable
  • Some knowledge of Global Markets and/or Commodity products, processes and regulations
  • Keep abreast of the latest market developments in regulatory changes, products, processing and confirmations standards.
  • An understanding of local & international markets to assist with business monitoring.
  • A compliance and risk mitigation mindset ensuring our team is meeting both the Group’s and the regulatory legislative requirements.
     

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: 17/01/2025