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Senior Middle Office Analyst (Product Control) (12-month contract)

Employer
Optiver
Location
Sydney, Australia
Salary
Competitive
Closing date
Aug 4, 2024

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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
WHO WE ARE

Optiver is a global market maker founded in Amsterdam, with offices in London, Chicago, Austin, New York, Sydney, Shanghai, Hong Kong, Singapore, Taipei and Mumbai. Established in 1986, today we are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market through competitive pricing, execution and risk management. By providing liquidity on multiple exchanges across the world in various financial instruments we participate in the safeguarding of healthy and efficient markets. We provide liquidity to financial markets using our own capital, at our own risk, trading a wide range of products: listed derivatives, cash equities, ETFs, bonds and foreign currencies.

Optiver's Sydney office is one of the primary players within Asian markets, trading a range of products. Established in 1996, we're an active participant on the Hong Kong, Korea, Singapore, India, Taiwan and Japan exchanges, and act as Optiver's APAC head office.

WHAT YOU'LL DO

Middle Office provides independent control of trading activities and is responsible for validating the trading balance sheet in terms of completeness and valuation and ensuring the accuracy of P&L reporting. The team supports the business by managing key controls over trading transactions and providing timely and accurate financial information. This position provides independent control and valuation activities providing assurance over the fair valued balance sheet of Optiver. The essence of this role requires:
  • Accountability for the design, execution, and operating assurance of all trading book independent controls
  • Driving the Middle Office agenda across the organisation, ensuring new and emerging risks in our various products and markets are identified, escalated, and managed appropriately
  • Applying your knowledge of financial products and accounting standards to ensure correct valuation and accounting of financial instruments on the balance sheet
  • Partnering with Traders and other stakeholders to ensure position and valuation verification is adequately addressed in all new business activities.
  • Driving various technology and automation initiatives through the Middle Office team, working collaboratively with technology teams
  • Leading the broader Middle Office team on key initiatives and contributing to the active learnings and development of future control talent in the team

WHO YOU ARE
  • Bachelor's degree in Finance or related field; CA/CPA or international equivalent; additional qualifications in Financial Instruments, Risk Management, CFA, or similar
  • Australian citizen or permanent resident
  • 8+ years in Middle Office, Product Control, Valuation, or Market Risk roles with expertise in valuation, risk management, and accounting for various financial instruments
  • Strong understanding of valuation, risk management, and accounting for both exchange and OTC cash and derivative financial instruments
  • Proficient in data analysis and problem-solving; experience with Excel, VBA, BI tools, SQL, Python and Alteryx highly regarded
  • Driven to succeed and collaborate with high-performing individuals

WHAT YOU'LL GET
  • The chance to work alongside diverse and intelligent peers in a rewarding environment
  • Competitive remuneration, including leave entitlements
  • Gym membership plus weekly in-house chair massages
  • Daily breakfast, lunch and an in-house barista
  • Regular social events including an annual company trip

As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected, because we believe our best work is done together.

Our commitment to diversity and inclusion is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.

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