FX Settlements Officer; AVP

Responsibilities

• Process FX transactions from front-office trade capture systems through to accounting and payment systems.
• Manage confirmation and affirmation processes for FX trades.
• Monitor and reconcile payment flows, ensuring timely settlement and resolution of discrepancies.
• Maintain and update operational procedures and checklists.
• Perform User Acceptance Testing (UAT) for system upgrades and process changes.
• Collaborate with internal stakeholders to meet processing deadlines and enhance service quality.
• Escalate issues promptly and follow through to resolution.

Skills & Experience

• Strong understanding of FX settlements and trade lifecycle.
• Knowledge of confirmation matching processes and market standards.
• Familiarity with CLS settlements and SWIFT payment formatting (MX/MT standards).
• Awareness of industry documentation (e.g., ISDA) and regulatory reporting requirements.
• Proficiency in reconciliation and exception management.
• Excellent communication and stakeholder management skills.
• Ability to adapt to changing regulatory environments and prioritize effectively.

Qualifications

• Previous experience in FX operations or derivatives processing.
• Strong analytical and problem-solving skills.
• Good working knowledge of operational systems and Microsoft Excel.
• Managing high-volume, time-sensitive transactions in a dynamic regulatory environment.
• Driving process improvements while maintaining robust controls.
• Building strong relationships across front office and operations teams.

• Mid-Senior level

• Contract

• Finance

• Banking and Investment Banking