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Associate - Trade Support, Market Operations - Remote Eligible

Validate trades and support settlement processes to ensure accurate and timely trade activity
Sydney
Entry Level
16 hours agoBe an early applicant
Commonwealth Bank

Commonwealth Bank

Provides retail, business, and institutional banking, wealth management, and insurance services primarily across Australia and New Zealand.

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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 focused 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 analyze 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 behavior, 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 values-driven organization, 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.

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Associate - Trade Support, Market Operations - Remote Eligible
Sydney
Operations
About Commonwealth Bank
Provides retail, business, and institutional banking, wealth management, and insurance services primarily across Australia and New Zealand.