Global Financial Markets Settlements Leader

Westpac Institutional and Business; Sydney; On-site; AUD 180,000 - 240,000; Full time

Benefits offered by this job

Mortgage discounts

Flexible work

Learning & development

Community volunteering

Job summary

Westpac Institutional and Business is seeking a Senior Manager to lead a globally connected Global Financial Markets Settlements function in Sydney. You will oversee settlements across fixed income and derivatives, manage a large, dispersed team, and drive process improvements and controls across regions.

The role focuses on operational excellence, risk management and strategic change to deliver a scalable operating model, with oversight across time zones and locations, including Chennai.

Qualifications

• Strong knowledge of financial markets operations, including fixed income, derivatives, money markets and treasury products.
• Hands-on experience managing settlements across products such as bonds, derivatives, interest rate swaps, cross-currency swaps and global deposits.
• Experience working within investment banks, global or domestic banks, custodians, fund managers or other financial markets environments.
• Strong leadership capability with experience managing large, geographically dispersed teams and building high-performing cultures across multiple locations.
• Extensive understanding of financial market infrastructures including SWIFT, CLS, Austraclear, Euroclear, Clearstream, MarkitWire, LCH/CME, custodians and agent banks and the broader trade lifecycle, with the ability to drive process improvements, strengthen controls and deliver operational excellence.
• Proven experience managing settlement risk, funding risk, liquidity impacts, operational incidents and regulatory obligations within a controlled financial markets environment.
• Demonstrated experience leading large-scale transformation initiatives including operating model change, offshoring, process automation, technology implementations and industry regulatory change.
• Strong stakeholder management skills with the ability to influence senior leaders across Trading, Treasury, Risk, Finance, Technology and Operations.

Responsibilities

• Lead a globally connected settlements function supporting Fixed Income and Derivatives across international markets and currencies.
• Provide leadership to a large team, drive improvements to processes and controls, and collaborate with Front Office, Treasury, Risk, Technology and Operations.
• Influence how a global settlements function evolves to deliver a more resilient and scalable operating model across multiple locations.

Job description

Westpac Institutional and Business is seeking a Senior Manager to lead a globally connected Global Financial Markets Settlements function in Sydney. You will oversee settlements across fixed income and derivatives, manage a large, dispersed team, and drive process improvements and controls across regions.

The role focuses on operational excellence, risk management and strategic change to deliver a scalable operating model, with oversight across time zones and locations, including Chennai.