Manager - Default Management
Core
Building the execution, portability, and resilience pillar for ASX's Default Management team to ensure preparedness and response to clearing participant defaults.
Role type
Manager, Default Management Operations
Builds
Operational readiness for portability, transfer, collateral, and settlement continuity; default management playbooks and procedures; fire drill simulations.
Domain
Financial Markets / Post-Trade Operations / Market Infrastructure
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Default management framework implementation, operational modeling, playbook development, portability and settlement continuity planning, crisis simulation design, stakeholder engagement with regulators and brokers, audit and regulatory action closure, requirements definition for market infrastructure changes.
Preferred skills
Front office or markets operations experience, product control, counterparty risk, treasury, clearing, settlement, crisis scenario design, default recovery planning, central counterparty activities knowledge, Australian financial regulatory environment knowledge.
Technologies
N/A
Responsibilities
Build the Default Management uplift roadmap into a working operating model; Develop default management playbooks and procedures; Map and establish operational readiness for portability and settlement continuity; Establish and test default broker and counterparty execution readiness; Design and run operational fire drills and simulations; Build the default management communications and escalation framework; Define Default Management requirements for market infrastructure change programmes; Investigate and deliver assigned items on the Default Management delivery and assurance register.
Seniority
Manager, hands-on IC with strategic oversight