At a Glance
- Tasks: Manage ETF trade lifecycle and ensure accurate daily Profit and Loss reporting.
- Company: Join a Tier 1 Global trading firm in Sydney.
- Benefits: Competitive salary ranging from $100,000 to $135,000 per year.
- Other info: Opportunity for career advancement in a fast-paced environment.
- Why this job: Be part of a dynamic team driving growth in financial markets.
- Qualifications: 4+ years in Profit and Loss reporting; knowledge of ETF lifecycle preferred.
The predicted salary is between 112500 - 137500 $ per year.
This is an excellent opportunity to join a Tier 1 Global trading firm in their Sydney office. As an ETF middle-office associate, you will be responsible for helping the day-to-day running of the ETF trade lifecycle, including end of day PnL. This will entail position reconciliations, ensuring trades are captured in an efficient and timely manner and positions are accurate and reconciled to external brokers, producing accurate daily Profit and Loss for the trading team, and ensuring a strong control framework throughout the complete trade life cycle, whilst supporting the growth of the organisation.
Ideal background will have 4+ years Profit and Loss (PnL) reporting experience, ideally coupled with knowledge of ETF trade lifecycle, handling trade flow through to settlement. Knowledge of SQL, VBA and Python would be highly regarded.
Responsibilities:
- Reconciliation of position, cash, and trade activity prior to Market open.
- Reconciliation of front office estimates to various broker reporting.
- Analysing various accruals including interest, internal capital charge, borrow expenses, brokerage fees & rebates etc.
- Managing fund transfers across brokers including cross-border transfers for restricted currency.
- Understanding and cross-checking Prime Broker Margin & OTC Collateral policies/models.
- Manage life cycle of ETF creations and redemptions.
- Act as liaison between operation, traders, and all internal departments, as well as brokers.
- Support the business in its growth and expansion into new products and markets.
Ideal experience:
- Ideally 4+ years Profit and Loss reporting experience within financial markets.
- Have an in-depth knowledge of ETF life cycle, handling trade flow through to settlement.
- Knowledge of equity swap & futures necessary.
- Experience in translation of foreign profit and loss into base currency.
- Maintaining strong organisational skills and meticulous record-keeping as well as fostering efficiency and accuracy to complete tasks and follow process.
- Detail oriented. Ability to prioritise based on materiality and risk considerations.
- Must be a self-starter, a quick learner, and have analytical mindset when tackling issues.
- Ability to build strong and positive relationships both internally and with Broker contacts.
- Reliable and flexible team player with a positive demeanour.
- Mandarin written and spoken proficiency will be advantageous.
- Knowledge of SQL, VBA and Python would be highly regarded.
Middle Office Associate in Sydney employer: Anton Murray Consulting
Join a leading global wealth management firm in Melbourne, where you will thrive in a dynamic work culture that values collaboration and innovation. As a Client Reporting Associate, you'll benefit from competitive remuneration, opportunities for professional growth, and the chance to make a meaningful impact on high-net-worth clients' financial journeys. With a strong focus on employee development and a commitment to excellence, this role offers a rewarding experience in a supportive environment.
