Settlements Officer - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Settlement Officer
This is an interesting and varied role working for a prestigious Bank in London
Excellent benefits and bonus potential
Responsibilities Input / Verify (as appropriate) MM/FX deals, payments and drawdown payments.

Manage orders from customers for cheque and paying

- in books.

Project involvement and relief duties as required.

Process Treasury Related Transactions Receive all incoming Swift messages and distribute to departments.

Record any relevant large amounts received in GBP/USD on position sheets, advice dealers and record transaction manually.
Swap instructions.
Verify all MT202 payments in T24 system before authorization.
Create Manual SWIFT payment in SWIFT system.
Check all of outstanding Confirmations.
Check positions at end of day to ensure all of Nostro account in reasonable balance.

Compliance & Risk Management

Comply with all applicable regulations, rules, codes, guidelines and standards set by regulators and the Bank, and carry out duties with high integrity; and
Adhere to all established risk control guidelines, procedures and measures to identify, assess, report, mitigate and monitor the risks involved in the daytoday work.

Job Knowledge required:

Fully understand MT202, 103, 110, 111, 300, 320, 599 and 199 Swift formats.
Customer payment and accounting transaction.
Treasury knowledge.
Fully understand the Certificate of Deposit, UK Government T-Bill and Interest Rate Swap processing
Fully understand the control and processing for Bank of England RTGS account.
Fully conversant with Microsoft Excel, Microsoft Word & Swift Alliance.