Analyst | Sydney
|Position Type:||Ongoing - Permanent|
|Attachments:|| Position Description - Market Conduct - Intermediary Supervision Team - EL1 - August 2018.doc.pdf (PDF, 159KB)
- Combine your passion for financial markets and use your analytical skills in this rewarding and
- Ongoing role based in Sydney, from $104,617 p.a. plus superannuation contributions of 15.4%
At ASIC there is a reason for everything we do, every law we regulate, every action we take, every interaction we have with industry and consumers. We're proud of the difference we make to Australia's economic reputation and wellbeing.
The Market Conduct team sits within the Market Supervision unit of ASIC's Market Integrity Group (MIG). MIG works to make sure Australia's financial markets are fair and efficient so that investors can participate with confidence. We do this by regulating infrastructure providers, market participants, retail OTC derivatives providers, investment banks and securities dealers. We also carry out surveillance of Australia's markets and assist our regulated population in understanding their obligations under the law.
The Market Conduct team supervises the conduct of intermediaries in listed and OTC markets, including their trading and capital raising activities. It also leads ASIC's work on allocations in the capital raising process, culture and conduct of investment banks, and technology risk practices – and is building its capabilities for regulating activity in Fixed Income, Currencies and Commodities (FICC) markets.
The Market Conduct - Intermediary Supervision team is responsible for supervising the conduct of market intermediaries by undertaking intelligence gathering and surveillance activities. We seek to influence market intermediaries' compliance with all relevant obligations under the Corporations Act 2001, Australian Financial Services Licence regime and the ASIC Market Integrity Rules.
In this role you will apply your analytical skills to:
- Develop and maintain market participant, investment bank, industry and internal relationships
- Provide analysis, evaluation and guidance on technical and policy issues relating to market participation and investment banking and compliance with regulatory requirements, including operational and financial risk and business structures and models
- Assist with the preparation of detailed reports, papers and submissions on a broad range of policy and technical issues
- Participate in multi-skilled project teams and actively share knowledge with other team members where appropriate
To be successful in this role you will need have a proven ability to interpret and apply financial services legislation, including the Corporations Act 2001, ASIC's market integrity rules and Australian financial services license conditions. You will also need proven experience in analysing business and policy issues, including identifying operational risks and recommending suitable options, and experience in effectively presenting complex, technical information to different audiences.
Excellent oral and written communication skills and the ability to build collaborative working relationships with market intermediaries and internal stakeholders are required in this role to contribute to the success of the wider team.
You are required to have a tertiary qualification in business, finance, economics, commerce or business or equivalent substantial work experience to undertake this role.
ASIC can offer you a variety of interesting and challenging work. We provide the support for our employees to develop professionally and succeed. ASIC offers a range of programs such as flexible work practices and development programs which include a focus on gender equity and women in leadership.
ASIC is committed to providing a diverse and inclusive workplace where the very best talent in Australia chooses to work. We encourage applicants from diverse backgrounds to apply, including Indigenous Australians and people with a disability.
To work with us, you'll be required to satisfy our pre-engagement assessment and obtain a national security clearance. Australian citizenship is also required.
Please view the attached position descriptions for more information on the specific responsibilities of the roles available and click ‘apply' to submit your application.