Assistant Manager, AU/NZ Settlements & Corporate Actions

Ambition Recruitment; Sydney; On-site; AUD 110,000 - 140,000; Full time

Job summary

Ambition Recruitment supports a global custodian bank in Sydney seeking an Assistant Manager to join the Banking Services Operations team on a permanent basis. You will oversee onshore and offshore processing that support local custody offerings for AU and NZ markets.

The role involves escalation management, SME coverage across settlement and corporate actions, and driving improvements with offshore teams. There is opportunity to line manage a graduate and contribute to regulatory reporting.

Qualifications

• 5+ years in financial services with strong knowledge of local custody operations.
• Hands-on experience in settlements and corporate actions within a custodian environment.
• Degree in Business, Accounting, Economics or related discipline preferred.
• Proficient in MS Office; familiarity with automation tools is a plus.

Responsibilities

• Act as first escalation point for onshore settlements and corporate actions.
• SME across AU/NZ settlement and corporate action processes.
• Develop team members; strengthen operating model, risk and controls.
• Resolve reconciliation breaks for onshore teams.
• Oversee offshore settlement and corporate actions; ensure onshore/offshore engagement.
• Partner with BSO account management on service delivery and queries.
• Drive platform enhancements with change management; lead testing requests.
• Engage with ASX, NZX, NZClear; contingency testing.
• Support timely regulatory and tax reporting.
• Potential to line manage a graduate.
• Assist with client service reviews and due diligence.
• Step in as acting General Manager when needed.

Skills

Local custody operations

Settlements

Corporate actions

People management

Automation opportunities

Education

Business/Accounting/Economics degree

Tools

PowerPoint

Excel

Word

Job description

Ambition Recruitment supports a global custodian bank in Sydney seeking an Assistant Manager to join the Banking Services Operations team on a permanent basis. You will oversee onshore and offshore processing that support local custody offerings for AU and NZ markets.

The role involves escalation management, SME coverage across settlement and corporate actions, and driving improvements with offshore teams. There is opportunity to line manage a graduate and contribute to regulatory reporting.