Officer, Clearing Operations (12 Month Max Term Contract)

ASX; Sydney; Hybrid; AUD 70,000 - 95,000; Full time

Job summary

ASX is seeking a Clearing Operations Analyst to join our Market Operations team in Sydney. You will work with the clearing and settlement systems and support the end-to-end lifecycle of derivatives and cash settlements.

The role offers exposure to regulatory frameworks and a collaborative, fast-paced environment where you’ll drive process improvements, manage stakeholder queries and contribute to operational resilience.

Qualifications

• 1–2 years’ experience in clearing, settlement, treasury operations or related markets
• Strong understanding of margining frameworks and cash settlement
• Analytical experience with issue investigation and solution documentation
• Knowledge of exchange-traded and cleared OTC derivatives lifecycle
• Ability to streamline processes to reduce risk and increase efficiency
• Strong operational risk and control discipline

Responsibilities

• Understand and operate ASX clearing and settlement systems including Calypso, Genium, DCS/MCM, Austraclear, Markitwire and internal ASX clearing & settlement applications
• Understand cleared derivatives product and process the full product cycle of exchange traded and over the counter contracts – listing, expiries and settlements
• Complete all clearing operational tasks following all procedures and checklists
• Support ASX treasury team in settling deals and being proactive with investment counterparties
• Identify and implement process improvements to reduce operational risk, enhance the customer experience and develop technical change
• Review and implement corporate actions adjustments on ETO products
• Engage and service a diverse range of stakeholders inclusive of clearing participants, investment counterparties, and ASX regulators
• Manage stakeholder queries ensuring alignment with the ASX Customer Communication Principles

Skills

Clearing operations

Settlement processes

Operational risk discipline

Analytical problem-solving

Stakeholder engagement

Tools

Austraclear

Calypso

SWIFT

Job description

ASX: Powering Australia’s financial markets

Why join the ASX?

When you join ASX, you’re joining a company with a strong purpose – to power a stronger economic future by enabling a fair and dynamic marketplace for all.

In your new role, you’ll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub.

www.asx.com.au/about/careers/a-great-place-to-work

We are more than a securities exchange!

The ASX team brings together talented people from a diverse range of disciplines.

We run critical market infrastructure, with 1 in 3 people employed within technology. Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance.

We’re proud to foster a workplace where diversity is celebrated and inclusion is part of our everyday culture. Our employee-led networks champion LGBTIQ+ inclusion, promote gender equality, accessibility and wellbeing, inspire giving and volunteering, and celebrate cultural and religious events, creating a sense of belonging for all. As an AWEI Bronze employer and member of the Champions of Change Coalition for gender equality, we’re committed to a fair and inclusive workplace where everyone can thrive.

Your Team

The Clearing Operations team, part of Market Operations, is responsible for the day-to-day clearing, settlement, margin and collateral management activities that underpin ASX’s financial market infrastructure. The team supports market participants, manages critical operational processes and contributes to the safe, efficient and resilient operation of Australia’s clearing and settlement services.

Your responsibilities

• Understand and operate the ASX’s clearing and settlement systems including Calypso, Genium, DCS/MCM, Austraclear, Markitwire and internal ASX clearing & settlement applications.
• Understand cleared derivatives product and process the full product cycle of exchange traded and over the counter contracts – listing, expiries and settlements
• Complete all clearing operational tasks following all procedures and checklists
• Support ASX treasury team in settling deals and being proactive with investment counterparties
• Identify and implement process improvements to reduce operational risk, enhance the customer experience and develop technical change
• Review and implement corporate actions adjustments on ETO products
• Engage and service a diverse range of stakeholders inclusive of clearing participants, investment counterparties, and ASX regulators
• Manage stakeholder queries ensuring alignment with the ASX Customer Communication Principles

Your experience and qualifications

Must have

• One to two years’ experience in a clearing, settlement, treasury operations, custody, securities services, or financial markets operations environment.
• Strong understanding of margining frameworks and cash settlement processes across cleared products.
• Analytical experience involving the investigation of issues and problems, identifying and documenting solutions.
• Demonstrated knowledge of exchange-traded and cleared OTC derivatives, with a strong understanding of product lifecycles from trade capture through to expiry and settlement.
• Streamlined processes and tasks to reduce operational risk and increase efficiency
• Strong Operational risk and control discipline

Nice to have

• Experience with Austraclear, Calypso, SWIFT or similar market infrastructure platforms.
• Knowledge of Collateral Management, margining and settlement operations.
• Knowledge of Australian fixed income and repo markets.
• SQL Knowledge & Macro (excel) knowledge
• Ability to work effectively in deadline driven operational environments.

We make hiring decisions based on your skills, capabilities and experience, and how you’ll help us to live our values. We encourage you to apply even if you don’t meet all the criteria of this role.

If you need any adjustments during the application or interview process to help you present your best self, please let us know at [e-mail].

At ASX Group, our diverse workforce is essential to build and maintain a fair and dynamic marketplace. We support flexible working and offer hybrid working options. Even if our roles are advertised as full-time, we encourage you to apply if you are interested in part-time or other flexible working arrangements.

We will arrange for successful candidates to have background checks, including reference and police checks, completed as part of the on-boarding process.

To be considered for this position, candidates must be legally authorised to work in Australia on a permanent basis without any restrictions.