Business Operations Analyst (Middle & Back Office)

Susquehanna International; Sydney; On-site; AUD 90,000 - 140,000; Full time

Job summary

Susquehanna is seeking a Business Operations Analyst to join our Sydney office. You will help run the middle and back office, reconcile positions, cash and trades, and ensure accurate P&L and strong control across the trade life cycle.

Day-to-day duties include reconciling front-to-back office data, resolving discrepancies with brokers, and supporting expansion into new markets. Strong analytical skills and experience in financial markets are essential.

Qualifications

• 4+ years of experience, working in a similar role within the financial markets.
• Operational knowledge of financial markets
• In-depth knowledge of handling trade flow through to settlement.
• Knowledge of Equity Derivatives especially options and Equities. Commodity knowledge a bonus.
• Adaptability: Thrives in a fast-moving, evolving environment; stays hands-on while also leading initiatives and uplifting standards.
• Knowledge/Experience of Asian Markets a preference
• Ability to build strong and positive relationships both internally and with Broker contacts.
• Strive for efficiencies and to challenge the status quo to drive changes.
• Ability to prioritise based on materiality and risk considerations.
• Analytical mindset when tackling issues.
• Knowledge of SQL, VBA and Python would be highly regarded including using AI tools

Responsibilities

• Reconciliation of position, cash, and trade activity prior to Market open.
• Ability to reconcile front office Profit and Loss estimates to prime broker reporting.
• Analysing Accruals including Capital & Interest charges, expenses, and commissions
• Price Validation of Trader EOD close prices.
• Liaise with external parties to resolve any position/cash discrepancies.
• Contribute to system improvement to help streamline daily processes.
• Support the business in its growth and expansion into new products and Markets.
• Working with legal and compliance for onboarding new relationships
• Support desk to effectively manage their Margin obligations.
• Maintaining and managing operational processes as per regulatory framework

Skills

Analytical mindset

Adaptability

Relationship building

Attention to detail

Tools

SQL

VBA

Python

Job description

Business Operations Analyst (Middle & Back Office) – Susquehanna

Susquehanna is looking for a Business Operations Analyst to join our Sydney office. As a Business Operations Analyst, you will be responsible for helping the day to day running of middle and back office for Susquehanna. This will entail position reconciliations, ensuring trades are captured in an efficient and timely manner and positions are accurate and reconciled to external brokers, produce accurate daily Profit and Loss, and ensure a strong control framework throughout the complete trade life cycle, whilst support the growth of the organisation.

What you’ll do

• Reconciliation of position, cash, and trade activity prior to Market open.
• Ability to reconcile front office Profit and Loss estimates to prime broker reporting.
• Analysing Accruals including Capital & Interest charges, expenses, and commissions
• Price Validation of Trader EOD close prices.
• Liaise with external parties to resolve any position/cash discrepancies.
• Contribute to system improvement to help streamline daily processes.
• Support the business in its growth and expansion into new products and Markets.
• Working with legal and compliance for onboarding new relationships
• Support desk to effectively manage their Margin obligations.
• Maintaining and managing operational processes as per regulatory framework

What we’re looking for

• 4 + years of experience, working in a similar role within the financial markets.
• Operational knowledge of financial markets
• Have an in-depth knowledge of handling trade flow through to settlement.
• Knowledge of Equity Derivatives especially options and Equities. Commodity knowledge a bonus.
• Adaptability: Thrives in a fast-moving, evolving environment; stays hands-on while also leading initiatives and uplifting standards.
• Knowledge/Experience of Asian Markets a preference
• Ability to build strong and positive relationships both internally and with Broker contacts.
• Strive for efficiencies and to challenge the status quo to drive changes.
• Ability to prioritise based on materiality and risk considerations.
• Analytical mindset when tackling issues.
• Knowledge of SQL, VBA and Python would be highly regarded including using AI tools
• Traits: Analytical, detail-oriented and organised; accountable, proactive, and continuous-improvement minded; a reliable, flexible teammate with good judgement.

About Susquehanna

Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Our culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in our systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, we excel in solving complex problems and pushing boundaries together.

Equal Opportunity Statement

We encourage applications from candidates from all backgrounds, and we welcome requests for reasonableadjustmentsduring the recruitment process to ensure that you can best demonstrate your abilities.

We are an equal opportunity employer. We are committed to fostering a culture of belonging where everyone is valued for who they are and empowered to succeed.