Senior Associate, Margining and Futures Operations

About the role

The Market Services Division's Margining and Futures team handles client margining, risk mitigation, time-critical exchange margin settlements and reconciliations for Macquarie Commodities and Global Markets businesses globally. This Senior Associate position in Sydney is a permanent, full-time junior role offering exposure to complex products in a fast-paced, collaborative environment.

Key responsibilities

• Manage daily margining of client exposures and collateral settlements
• Deliver accurate Credit/Risk reporting and support group reporting across multiple products
• Oversee reconciliations, resolve breaks and escalate and manage disputed margin calls
• Support business-as-usual activities and strategic initiatives, including system implementations
• Monitor transactions, book margin payments and receipts and maintain strong risk controls
• Contribute to operational excellence and transformation initiatives

Required profile

• Proven experience in Banking and Financial Services operations with strong technical problem-solving skills
• High attention to detail and accuracy, able to manage competing priorities
• Strong communication, organisation and stakeholder engagement skills, with a collaborative approach
• Ability to analyse information, ask thoughtful questions and reach sound conclusions

Required skills

• Exposure to futures, collateral management, client servicing and risk or operations systems is valuable

What we offer

• Wellbeing leave day per year, up to 5 additional service bonus leave days, and up to 20 weeks' paid parental leave
• Paid volunteer leave and donation matching, and up to 12 months' gender affirmation leave
• Employee Assistance Program and wellbeing benefits
• Salary packaging options and learning and development opportunities, including professional membership reimbursement
• Hybrid and flexible working arrangements, dependent on role, and reimbursement for work from home equipment