Senior Manager, Global Markets Settlements Leader

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

Job summary

Westpac is seeking a Senior Manager to lead a globally connected settlements function for Fixed Income and Derivatives, spanning international markets and currencies. You will manage a large, geographically dispersed team and partner with Front Office, Treasury, Risk, Technology and Operations to drive improvements and a resilient operating model.

The role is based in Sydney, with product oversight across time zones, and involves transforming operating models, offshoring initiatives and

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 responsible for supporting Fixed Income and Derivatives across international markets and currencies.
• Provide leadership to a large team, drive improvements to processes and controls, and work closely with Front Office, Treasury, Risk, Technology and Operations.
• Influence how a global settlements function evolves to deliver a more consistent, resilient and scalable operating model across multiple locations.
• Oversee product oversight across Westpac’s global Financial Markets business with teams in Sydney and Chennai.

Skills

Fixed income

Derivatives

Money markets

Treasury products

Leadership

Stakeholder management

Process improvements

Operational excellence

Offshoring

Process automation

Technology implementations

Regulatory change

Transformation initiatives

Trading/Treasury Collaboration

Job description

Westpac is seeking a Senior Manager to lead a globally connected settlements function for Fixed Income and Derivatives, spanning international markets and currencies. You will manage a large, geographically dispersed team and partner with Front Office, Treasury, Risk, Technology and Operations to drive improvements and a resilient operating model.

The role is based in Sydney, with product oversight across time zones, and involves transforming operating models, offshoring initiatives and