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(more about Macquarie)
Senior Manager, Equities Middle Office – Commission Sharing & Accounts Receivable Oversight
Join our Equities Operations team and be part of the wider global Corporate Operations Group providing support to the Equities trading business in Macquarie Capital. The Equity Operations team is responsible for handling post-trade life cycle controls for equities trading in global markets including trade allocation, booking, settlement, funding, reconciliation, and client management. The team works in close collaboration with other departments across Corporate Operations, Front Office, Finance and Risk.
In this role, you will be part of the Equities Middle Office team, based in head office in Sydney and will assume a senior leadership role overseeing Commission Sharing (CSA) & Accounts Receivable (AR) operations in support of Macquarie Capital trading. The day-to-day operations are performed in Philippines while this newly created role will closely align with the senior operations leadership team and the front office in Sydney. Commission sharing is whereby clients choose to leverage Macquarie’s global markets access for equities execution but share commission brokerage with research providers.
Key responsibilities in this role will include:
- Oversight of CSA & AR operations
- Management of KRIs and KPIs in line with agreed targets
- Internal and external stakeholder management, acting as senior escalation point
- Lead transformation of processes to enhance controls, efficiencies and client experience
- Support staff development, recruitment and organisation working in collaboration with the on-shore management team in Philippines
- Assist Equities Middle Office team to support daily business activities for ANZ markets where required
You will have a strong knowledge of post trade equities operations in either a middle office or settlements capacity and a strong understanding of control and risk frameworks within banking operations. You are someone who can drive and manage change to successful outcomes and can demonstrate experience in managing senior stakeholders. You have excellent communication and presentation skills and can navigate challenging scenarios and demonstrate ability to identify solutions. Experience in commission sharing and/or accounts receivable would be ideal but is not required.
If this sounds like your next challenge, please apply now!
About the Corporate Operations Group
The Corporate Operations Group brings together specialist support services in Digital Transformation & Data, Technology, Operations, Human Resources, Business Services, Corporate Strategy & Solutions, and the Macquarie Group Foundation. We deliver service excellence to ensure Macquarie is open for business, deliver on transformational change, invest in our people and have deep relationships with our customers.
Our commitment to Diversity, Equity and Inclusion
The diversity of our people is one of our greatest strengths. An inclusive and equitable environment enables us to deliver innovative and sustainable outcomes for our people, clients, shareholders and communities. From day one, you'll be encouraged to be yourself and supported to perform at your best. If our purpose of ‘empowering people to innovate and invest for a better future’ is as inspiring to you as it is to us, please apply. With the right technology, support and resources, our people can work in a range of flexible ways.
We are committed to providing a working environment that embraces and values diversity, equity and inclusion. We encourage candidates to speak with a member of our recruitment team if you require adjustments to our recruitment process to support you, and the type of working arrangements that would help you thrive.