Settlement Officer

3 weeks ago


London, United Kingdom Zenith Bank Limited. Full time

About Us:

Zenith Bank (UK) Limited (ZUK) is a subsidiary of Zenith Bank PLC, one of the top banks in Nigeria. The bank was set up with a clear strategy to leverage trade and investment flows between Nigeria and Europe, by providing intermediary banking services and facilities for trade-related working capital and capital expenditure.


Zenith Bank recognizes the importance of leveraging a highly skilled workforce to achieve its strategic and operational goals. The bank is committed to providing an environment that is conducive for effective performance by availing all staff the necessary learning opportunity. We value the well-being of our staff and we encourage them to strike a balance between their work and personal lives, thereby creating a healthy atmosphere for personal development and career success.


With the introduction of new services here in the UK and our unparalleled knowledge of business with Africa, our 5-year strategy ensures “Controlled Growth” as we aim to become the Bank of choice for businesses wishing to transact in the African continent.


Role Overview:

Support fellow members of the Settlements team in the processing of transactions for various denominations of customers. Interaction with other areas of the Bank will be required to ensure SLAs and customer satisfaction targets are realised.


Responsibilities:

  • Cash management, Nostro Position Keeping
  • FX/MM, NDF, Currency Option trade confirmation
  • NDF, Currency Option cash settlement
  • Fixed Income trade processing/settlement/custody
  • REPO trade processing and settlement
  • Electronic Data storing
  • Involvement with project work and UAT.


Skills/Knowledge Required:

  • Team player
  • Commercial awareness
  • Attention to detail
  • Aptitude to learn
  • Problem solving
  • Good communication skills
  • Able to multi-task
  • Leadership skills
  • Ability to work under pressure
  • Ability to meet deadlines
  • Negotiation skills
  • Decision making
  • Excellent numeracy skills


This is a permanent position paying up to £56,000 based on experience.


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