Fx Operations Analyst
The Company
Robert Half are currently representing a boutique City based Investment Bank to urgently hire a FX/ MM Settlements Analyst. The company boasts an International presence, an excellent City based location, within a small team, so there is an ability to get more exposure and to be noticed for your efforts. The role is being marketed as initially temporary with review after 2-months.
The Role
Robert Half are currently representing a boutique City based Investment Bank to urgently hire a FX/ MM Settlements Analyst. The role is being marketed as initially temporary with review after 2-months.The position involves working within their FX/ MM Operations. The chosen candidate must have strong working knowledge across FX/ MM Operations, supporting the front office for all trading activity. The experience must be gained from a reputable London based Investment Bank. Due to the small size of the company in London, our client is looking for someone who has a good attitude to be a good team fit. Specific Accountabilities·? Position Summary for Settlements:The primary accountabilities of the position include timely settlement of Foreign Exchange and Money Market related trades done by the London-based Front Office.Prime responsibilities include:·? Responsible for the timely settlement of Foreign Exchange and Money Market related trades done by the Front Office.·? Developing an understanding of all swift/non-swift settlement standards as well as ensuring the timely and accurate settlements of FX and Money Market Trades·? Timely and accurate settlement of Foreign Exchange transactions·? Provide high level of service to Front Office as well as internal and external customers·? Ensures all payments are formatted according to SWIFT standards·? Monitor incoming and outgoing payments that have been flagged by the Credit Area as potential credit risks·? Ensure that Regulatory and Audit guidelines are adhered to·? Maintain sufficient audit trails on all settlements·? Verifies that all transactions have posted correct accounting entries·? Escalate any system problems that affect the processing of FX settlements·? Act as a main point of contact for Correspondent Bank and Customer queries·? Work closely with internal clients, dealers, cash managers, and deal capture groups·? Escalate to Supervisor any issues that pose settlement risks·? Perform sundry duties as required by management Position Summary Confirmations·? Responsible for maintaining confirmation queues within the back office source system and ensuring all items are actioned in a timely and appropriate manner·? Responsible for the timely confirmation of foreign exchange transaction details (i.e. Spot, Forwards, NDFs) using various methods including systems based, phone, fax, and email ·? Maintain sufficient and complete audit trails on all confirmations ·? Provide high level of service to all external clients and internal business partners·? Provide accurate, timely and complete reporting on unmatched/unconfirmed transactions to management and front office business partners on a daily basis·? Act as a primary point of contact for customer queries ·? Ensure that Regulatory and Audit guidelines are adhered to ·? Perform sundry duties as required by management
Salary Benefits
£18 ph- £22 ph. Robert Half Ltd acts as an employment business for temporary positions and an employment agency for permanent positions. Robert Half is committed to equal opportunity and diversity. Suitable candidates with equivalent qualifications and more or less experience can apply.
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