Associate – Cash Officer Futures Clearing
Fixed Income, Currencies and Commodities (FICC) provides a variety of services across the globe with an underlying specialisation in interest rate, commodity or foreign exchange related institutional trading, marketing, lending, clearing or platform provision.
The predominant FICC client base is financial institutions and significant commodity producers and consumers. With structuring, sales and trading professionals in the Australia, New Zealand, the Americas, Canada, Asia and the Middle East, FICC offers quality service and risk management solutions to meet our clients' needs.
The Futures Division has been an active participant in futures markets in Australia for over 15 years, maintaining a presence as a leading clearing and execution member of the Sydney Futures Exchange.
It has an established client base comprising many of Australia's leading fund managers, government and public enterprises and international banks, and provides opportunities for clients to benefit from movements within futures and options commodity markets as well as offering protection for existing exposures.
The Division is experiencing continued growth from business that is being channelled through its overseas exchange memberships and the development of niche opportunities in these overseas markets, together with the broadening of its client base.
Futures Clearing, within this division, are looking for a Cash Officer.
This person will report to the Manager of Futures Cash and provide a supporting role within the Futures Cash team. The role will support the operations of the Futures Clearing business including the issuing and settlement of margin calls, funding, fx trades and reconciliations. The Cash team works closely with other areas within the Futures Clearing Business, other divisions of Macquarie and with external clients.
Key accountabilities include:
- Issue and settlement of margin calls
- Reconciliation of our various Bank Accounts
- EXIGO Settlements for SFE, ACH and clients
- Regulatory reporting
- FX trade placement, settlement and reconciliation
- Funding
- Margining and settlement with various clearing houses
- Reporting on payment failures and escalating as appropriate
- Management of new or amended SSI's
- Performing other ad-hoc functions
To be successful in this role, you will:
- Possess excellent attention to detail
- Deliver accurate work of a high quality
- Demonstrate good time management and organisational skills,
- Ability perform multiple tasks and to prioritise these confidently and efficiently
- Excellent problem solving skills
- An solid understanding of risk management and an ability to apply policies appropriately
- Have a positive work ethic and display exceptional team player skills
- Possess strong relationship building skills
- Be a self starter
- Have excellent written and verbal communication skills
- Solid PC literacy
The following skills and experience would be very highly regarded:
- Background in financial markets in settlement or reconciliation roles
- Futures product knowledge
- Experience with SWIFT payments/receipts and standards
For a confidential discussion call Andy Logan on 02 8237 8472 or follow the links below to apply now.
Advertised:
14 Mar 2013 Aus. Eastern Standard Time
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