Senior Manager, Global Financial Markets Settlements

Westpac Institutional Bank; Sydney; On-site; AUD 230,000 - 340,000; Full time

Benefits offered by this job

Flexible work arrangements

Learning and development opportunities

Volunteer initiatives

Job summary

Westpac Institutional Bank seeks a Senior Manager for Global Financial Markets Settlements in Sydney. You will lead a globally connected settlements function supporting Fixed Income and Derivatives across international markets and currencies, ensuring critical settlement activities run smoothly and efficiently.

You will provide leadership to a large team, drive improvements to processes and controls, and work with stakeholders across Front Office, Treasury, Risk, Technology and Operations to

Qualifications

• Strong financial markets operations experience.
• Deep understanding of global markets products.
• Proven leadership of large, geographically dispersed teams.
• Experience in settlements across bonds, derivatives, and currency products.

Responsibilities

• Lead a globally connected settlements function across regions and currencies.
• Drive process improvements and strengthen controls.
• Collaborate with Front Office, Treasury, Risk, Technology and Operations.
• Manage large, geographically dispersed teams and culture.
• Oversee product oversight across all time zones in Westpac's global markets business.

Skills

Financial markets operations

Settlements management

Leadership

Stakeholder management

Regulatory compliance

Risk management

Transformation programs

Tools

SWIFT

CLS

Austraclear

Euroclear

Clearstream

MarkitWire

LCH/CME

Job description

Senior Manager, Global Financial Markets Settlements

Create your best future and join Westpac as a Senior Manager, Global Financial Markets Settlements

What’s the role?

You’ll lead a globally connected settlements function responsible for supporting Fixed Income and Derivatives products across international markets and currencies. Working with teams across multiple regions, you’ll help ensure critical settlement activities run smoothly, accurately and efficiently while supporting the continued growth of Westpac's institutional banking business.

You’ll provide leadership to a large team, drive improvements to processes and controls, and work closely with stakeholders across Front Office, Treasury, Risk, Technology and Operations. This role is ideal for an experienced financial markets operations leader who enjoys balancing people leadership, operational excellence and strategic change.

You’ll have the opportunity to influence how a global settlements function evolves, helping deliver a more consistent, resilient and scalable operating model across multiple locations. This is a permanent role based in Sydney, currently leading teams across Sydney and Chennai, with product oversight across all time zones in Westpac's global Financial Markets business.

What do I need?

You’ll bring strong financial markets operations experience, a deep understanding of global markets products and a passion for leading high-performing teams in a complex, fast-paced environment.

• 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.

We’re obsessed with becoming our customers' #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return, we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that:

• Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates!
• Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave.
• Tailored learning and development opportunities to help you grow your career within the bank.
• Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives.

Create your future today

We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community.

If you need any adjustments during the recruitment process, you can find out more information and additional contact details by visiting the"People with Disability and/or needing Accessibility Requirements"page on ourwebsite.

We may close this job advertisement earlier than the advertised closing date if suitable candidates are identified. We encourage you to apply as soon as possible.

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