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SalaryCMC are hiring! We have a permanent opportunity for an International Settlements Administrator to join our Business Operations department in our Barangaroo, Sydney office. Please note that we operate onsite working and would need someone to come into our Barangaroo office 5 days per week.
This position is only open to Sydney based candidates with full working rights (e.g. Permanent Resident/Citizen).
CMC Markets is a global leader in CFD trading and share investing. Our vision is to provide the ultimate online trading experience so everyone can achieve their financial potential. Since our launch in London in 1989, we’ve expanded globally with offices across Europe and Asia Pacific. Over 1.2 million clients make 67 million trades with us every year, and we’re still growing.
CMC Markets Stockbroking (CMC) provides retail and wholesale stockbroking services including trading, clearing and settlement of transactions. Services are provided to a large base of retail clients, as well as customers of a number of banking and financial partners through a white label service offering.
ROLE PURPOSE
The International Stockbroking settlements team is responsible for settlement of International equity transactions, processing of International custody related tasks and corporate actions. The role is primarily administration focussed as well as risk management and providing support to the wider business. Accuracy and attention to detail and the ability to pick up new concepts quickly are critical to this role.
Retail settlements cross training will be encouraged at a later stage.
ROLE RESPONSIBILITIES
This role is team based, where the successful applicant can expect to be working on the following tasks, subject to the direction/requirements of the team on a day to day basis:
International Settlement Tasks:
Realigning securities between CMC custody and international transfer agents
Settlements, processing and closing buy/sell contract notes
Custody holdings administration
Custody account reconciliations
Corporate action processes including protections
Client position reporting
Manage settlement obligations
Foreign market transfers
Control reporting
The ability to identify and escalate risk in a timely manner as appropriate
Answering queries from internal stakeholders and contacts
General Responsibilities:
Documentation of key processes and suggestions for continual process improvement
Adherence to agreed service levels
Filing
Work varying hours within an agreed roster
KEY SKILLS AND EXPERIENCE
Essential:
Prior stockbroking industry experience with equity processing
Familiar with ASX rules and compliance requirements for CHESS sponsorship and processes
Conceptual understanding of the market and CHESS workflow is essential
Experience with Microsoft office products especially Excel skills with advanced VBA preferable
Desirable:
Experience with GBST Shares™
Experience with GBST DCA™ or a similar options back office system
Minimum 3 years experience in a stockbroking back office role
Detailed knowledge of International Custody arrangements, Settlements, Options and Corporate Actions
RG-146 certification
COMPETENCIES
Excellent written and spoken communication
Excellent numeracy skills
Demonstrate accuracy and attention to detail
Must be well-organised and able to prioritise daily tasks to meet deadlines
Ability to multi-task and work autonomously whilst working to strict deadlines
Ability to quickly grasp new concepts
Able to communicate effectively with both internal and external stakeholders and customers where required
BENEFITS
- Charity give-back days.
- 1 extra annual day of leave for your birthday.
- A dedicated benefits & wellbeing hub, for you to save on groceries, access retailer discounts and enjoy various resources to enhance your physical & mental wellbeing,
- Social Club, Women@CMC, LinkedIn Learning and more.
CMC Markets is powered by our people. We are an equal opportunities employer and are committed to creating a diverse and inclusive workplace, where our people feel confident to be themselves, feel valued and are able to do their best work. We don’t just value differences and unique perspectives, we seek them out and we invite them in, because we know it will lead to better outcomes for everyone.
