JOBS IN AUSTRALIA – Global bank creates fixed income role in Sydney markets
JOBS IN AUSTRALIA – A major global investment bank is quietly strengthening its Australian trading operations with the creation of a specialised Middle Office position in Sydney, reflecting the continued expansion of its Global Markets business. The role, being filled through recruitment firm Keegan Adams Recruitment, is aimed at experienced operations professionals who are ready to work closer to the trading desk while maintaining strong operational discipline.
Bank expands footprint in Australia
Industry sources say the bank has been steadily increasing its presence in Australia as client activity in fixed income, credit, and derivatives has grown over the past two years. Rather than adding a traditional back-office position, the institution has opted for a hybrid, front-office-aligned Middle Office function that sits between traders, clients, and offshore operations teams. Recruitment director Alice Pipes of Keegan Adams has described the opening as part of a broader push to build more locally embedded support for sales and trading staff.
A bridge between desks and operations
Unlike purely administrative roles, this position is designed to act as a critical connection point. The successful candidate will work directly with Sales and Trading teams in Sydney while coordinating closely with Middle and Back Office units based in Asia and Europe. The bank is seeking someone who can translate trading activity into accurate operational outcomes, resolve issues quickly, and prevent small problems from becoming costly settlement failures.
What the job involves
Day-to-day responsibilities are expected to be wide-ranging. The new hire will oversee trade allocations across multiple product lines, including foreign exchange, fixed income, credit, derivatives, and money market instruments, ensuring that transactions move smoothly from execution to settlement. They will also monitor failed settlements, escalate concerns where necessary, and respond to client queries related to post-trade changes such as novations, booking corrections, or allocation adjustments.
Beyond routine tasks, the role includes participation in cross-functional projects, such as system upgrades, regulatory enhancements, and the rollout of new financial products. The bank is also emphasizing the importance of maintaining strong controls, accurate reporting, and compliance with internal governance frameworks.
Who the bank is looking for
Applicants are expected to have prior experience in Capital Markets Operations, Trade Support, or a Middle Office environment, with clear exposure to fixed income or bond products. While not mandatory, a background within a global investment bank is considered advantageous. Candidates should demonstrate a solid understanding of the full trade lifecycle, from execution through to settlement, as well as strong analytical and communication skills.
The bank is particularly interested in professionals who can work independently, remain calm under pressure, and interact confidently with traders and clients. Australian permanent residency or citizenship is required for the role.
Hours, seniority, and pay
The position is classified at a mid-senior level and is being offered as a full-time appointment. Because of the need to coordinate with offshore teams, working hours are expected to be staggered, with a later start in the morning and finish in the early evening. The indicated base salary range is between A$120,000 and A$150,000 per year, depending on experience and qualifications.
How to apply
Keegan Adams Recruitment is handling applications and initial screening for the position. Interested professionals can review further details and submit their candidacy through the firm’s official website