Clearing Settlement Specialist

2 weeks ago


London, Greater London, United Kingdom Wintermann Search & Selection Limited Full time
Clearing Settlement Administrator Job Description

Our client, an International Bank, is seeking a highly skilled Clearing Settlement Administrator to join their London office.

Key Responsibilities:

  • Process payments and clearing transactions, ensuring accurate and timely execution.
  • Assist with reconciliations and settlements of treasury and loan business, maintaining a high level of accuracy and attention to detail.
  • Investigate and resolve correspondence payment queries, providing prompt and concise responses.
  • Monitor outstanding payment items, following up with the FCP compliance team and engaging with Nostro and Vostro Agents to address and resolve issues.
  • Perform Vostro accounts opening and closing, maintaining accurate records and system parameters.
  • Communicate with Head Office on system upgrades and assist with improving new operational processes.
  • Input accounting journal entries, including interest, fees, and charges, in FOVA.
  • Maintain and report daily Nostro positions to Funds Position Keeper.
  • Prepare monthly and quarterly reports to Head Office, Agent banks, and Management, as well as ad-hoc reports.
  • Maintain system parameters and static data, keeping up-to-date records and filing.

Requirements:

  • Experience in handling structured Swift formatted payment instructions, including CHAPS and Faster Payment, in a banking environment.
  • Good Microsoft Office skills, with the ability to prioritize tasks and delegate when necessary.
  • Excellent organizational ability, attention to detail, and interpersonal skills, with the ability to communicate with people in different departments.
  • Accurate reporting skills and the ability to work as part of a team.

Language: English



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