• This Settlements role is responsible for ensuring the smooth confirmation, settlement and lifecycle management of predominantly FX, but also MM and Bond transactions
• Trades are captured, confirmed and settled accurately and in good time, with post trade queries investigated and resolved in a timely manner.

Client Details

Growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology. We are transforming the way payments and FX move through emerging markets, reducing friction so that more money gets to those who need it. Emerging markets payments are usually challenging, expensive, unreliable and opaque. Our solutions help fix these pain points. Ultimately, we connect traditionally hard-to-reach regions to global financial infrastructure, giving access to the best prices and the fastest, most reliable settlement.

FX and cross-border payments are often complex and expensive, especially when operating in emerging markets. The business seeks to wrap its deep and trusted relationships and strength of network around innovative digital capabilities, and cross-border transaction banking solutions to enable fintech, corporates, governments, development organisations and banks to move money to, from, and across often hard-to-reach markets.

Description

The Settlements team are responsible for ensuring the smooth confirmation, settlement and lifecycle management of predominantly FX, but also MM and Bond transactions, ensuring trades are captured, confirmed and settled accurately and in good time, with post trade queries investigated and resolved in a timely manner.

The role holder will take responsibility to ensure that FX, money market and bond trades are settled accurately and within cut off. The role holder will be responsible for checking trade details, MT300 / MT320 confirmation matching, net settlement and payment release. The role holder will also liaise frequently with the FX and MM desk and will take responsibility to independently resolve a range of trade queries received into the team

In addition, the role holder will participate in initiatives to optimise processes to reduce risk and increase capacity and take an active role in upskilling junior team members.

Role Responsibilities:

• The processing and settlement of FX, MM and Bond trades including confirmation matching, netting calculations and payment creation
• Investigating unmatched trade confirmations
• Independently managing and resolving trade queries received into the team
• Being "hands on" and assisting with customer inquiries, troubleshooting problems, and resolving issues
• Reviewing processes and providing suggestions for improvements
• Regular review and updates to procedure manuals and framework documents
• Involvement in testing of new products and solutions
• Maintaining compliance with external regulatory requirements and the internal control environments

Profile

Experience: Settlements Senior Analyst, City of London, Financial Services:

• Experience in a settlement's role is a must
• Demonstrable experience of Treasury products such a FX, MM, Derivatives, Bonds etc, ideally in emerging markets
• Experience dealing with multiple stakeholders within a global network of banks.
• Payment and SWIFT formatting knowledge

Job Offer

Settlements Senior Analyst, City of London, Financial Services:

• Permenent role
• City of London location
• 52-55k salary
• Immediate start available