Operations Analyst - ETFs (Trading Environment) Above market remuneration Sydney CBD | Permanent role High performance trading environment About the role This is a mid to senior level operations role supporting an active ETF trading desk within a high performance, technically driven environment. The structure is flat and hands-on. You will report directly into the Head of Operations and have real ownership over day to day outputs, problem solving and interaction with the trading desk. This is not a layered team with narrow responsibilities and constant escalation. You'll be responsible for owning daily P&L and operational risk, working closely with traders to understand drivers behind movements, investigate issues, and resolve breaks at the root cause level rather than pushing them through a checklist. This role suits someone who enjoys being challenged, likes understanding how things work under the hood, and is comfortable operating in a fast paced trading setup where expectations are high. What you'll be doing · Owning daily P&L production and analysis, including investigation of unexplained movements · Reconciling positions, cash and trades across internal systems and prime brokers · Analysing valuation, corporate action impacts, financing and margin movements · Troubleshooting issues across the trade lifecycle and clearly articulating causes · Working closely with trading, risk and external counterparties to resolve discrepancies · Identifying inefficiencies and contributing to process and system improvements · Supporting expansion into new products, markets or trading strategies What we're looking for · 7-9 years' experience in operations, middle office or P&L within trading, market making or ETF environments · Strong understanding of ETFs and equity derivatives beyond pure process execution · Comfortable explaining why numbers move, not just reconciling them · Exposure to valuation, margin, corporate actions and liquidity considerations · Technically curious, with Python, SQL or VBA experience highly regarded · Calm under pressure, detail focused and confident engaging with front office stakeholders What's on offer · Above market remuneration for the right level of experience · Direct exposure to a technically sophisticated trading environment · Flat structure with genuine ownership and accountability