Clearing Operations, Senior Officer

When you join ASX, you’re joining a company with a strong purpose – to power a stronger economic future by enabling a fair and dynamic marketplace for all. In your new role, you’ll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub.

The ASX team brings together talented people from a diverse range of disciplines. We run critical market infrastructure, with 1 in 3 people employed within technology. Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance. We’re proud to foster a workplace where diversity is celebrated and inclusion is part of our everyday culture.

Your Team: Clearing Operations sits within ASX Market operations function and plays a critical role in supporting the integrity, efficiency and resilience of ASX’s clearing services. The team is responsible for the day-to-day execution of clearing services across ASX products, working with internal and external stakeholders to manage operational risk, support service delivery and ensure clearing processes are completed accurately and effectively.

Your responsibilities:

• Contribute to the launch and ongoing operation of the Bond and Repo Clearing service whilst helping drive operational excellence, risk management and process improvement.
• Operate and train junior members on ASX’s clearing and settlement systems including Calypso, Genium, DCS/MCM, Austraclear and ASX collateral management systems.
• Represent Clearing Operations at internal stakeholder meetings.
• Ensure all daily operational tasks are completed accurately following all procedures and checklists.
• Escalate operational incidents to management, ensure resulting actions are followed within the team.
• Identify and implement process improvements to reduce operational risk, enhance the customer experience and develop technical change.
• Embed new processes in the team as required from management.
• Ensure all processes and procedures are up to date and accurate.
• Engage and service a diverse range of stakeholders inclusive of clearing participants, vendors, treasury counterparties, and ASX regulators.
• Manage stakeholder queries ensuring alignment with the ASX policies.

Your experience and qualifications:

Must have:

• 5 years Experience in a clearing, settlement, treasury operations, custody, securities services, or financial markets operations environment.
• Experience with Fixed Income settlement, including SWIFT messaging integration & reporting.
• Understanding of Fixed Income Products (Outright Bond and Repo) including Post Trade processes and Bond & Repo product life cycle events.
• Experience with SWIFT integration and Austraclear settlement processes.
• Strong understanding of margining frameworks and cash settlement processes across cleared products.
• Analytical experience involving the investigation of issues and problems, identifying and documenting their solutions.
• Demonstrated knowledge of exchange-traded and cleared OTC derivatives, with a strong understanding of product lifecycles from trade capture through to expiry and settlement.
• Streamlined processes and tasks to reduce operational risk and increase efficiency.

Nice to have:

• Experience with Calypso or similar market infrastructure platforms.
• Knowledge of Collateral Management, margining and settlement operations.
• SQL and advanced Excel knowledge.
• Ability to work effectively on major projects.

We make hiring decisions based on your skills, capabilities and experience, and how you’ll help us to live our values. We encourage you to apply even if you don’t meet all the criteria of this role. If you need any adjustments during the application or interview process to help you present your best self, please let us know. ASX Group, our diverse workforce is essential to build and maintain a fair and dynamic marketplace. We support flexible working and offer hybrid working options. Even if our roles are advertised as full-time, we encourage you to apply if you are interested in part-time or other flexible working arrangements. We will arrange for successful candidates to have background checks, including reference and police checks, completed as part of the on-boarding process. To be considered for this position, candidates must be legally authorised to work in Australia on a permanent basis without any restrictions.