Trade Support Manager – Collateral & Reconciliation Lead

Commonwealth Bank; Sydney; On-site; AUD 120,000 - 180,000; Full time

Job summary

Commonwealth Bank in Sydney seeks a Manager Trade Support to lead a team of six specialists responsible for end-to-end management of collateral, futures, brokerage and reconciliations in a fast-paced trading environment.

You will partner with Trading, Sales, Treasury, Risk, Finance and Technology to ensure operations are accurate, timely and compliant with regulatory requirements, while driving continuous improvement.

Qualifications

• Experience in Financial Markets or Market Operations is essential.
• Proven people leadership including coaching and performance management.
• Strong risk and controls mindset within a regulated environment.

Responsibilities

• Leading, coaching and developing a team of 6 specialists
• Managing collateral operations, including margin calls, dispute resolution and collateral movements
• Overseeing futures processing activities and ensuring timely completion of operational obligations
• Managing brokerage payments and associated controls
• Ensuring daily reconciliations are completed accurately and exceptions are investigated and resolved promptly
• Monitoring operational risks, identifying control gaps and driving remediation activities
• Building strong relationships with Front Office, Finance, Risk and external counterparties
• Driving continuous improvement initiatives to enhance efficiency, controls and service outcomes
• Providing insightful management reporting and operational performance updates
• Supporting the implementation of new products, system enhancements and regulatory change initiatives
• Escalating operational issues and incidents appropriately and ensuring effective resolution

Skills

Financial Markets

Market Operations

Trade Support

Middle Office

Treasury Operations

People Leadership

Risk and Controls Mindset

Stakeholder Management

Analytical Thinking

Prioritisation in Fast-paced Environ

Job description

Commonwealth Bank in Sydney seeks a Manager Trade Support to lead a team of six specialists responsible for end-to-end management of collateral, futures, brokerage and reconciliations in a fast-paced trading environment.

You will partner with Trading, Sales, Treasury, Risk, Finance and Technology to ensure operations are accurate, timely and compliant with regulatory requirements, while driving continuous improvement.