Senior Settlements and Payments Specialist
3 weeks ago
Job Role:
As a Senior Settlements and Payments Specialist at Required IT, you will play a key role in ensuring the smooth operation of our financial services department. Your primary responsibilities will include checking and maintaining client and company accounts, ensuring funds have been approved by compliance, and reconciling client and company accounts on Xero and spreadsheets.
Key Responsibilities:
- Check and maintain client and company accounts
- Check funds coming in from clients
- Set up payment sheets and make payments to the broker
- Ensure source of funds have been approved by compliance
- Chase for funds not received from the client and keep track of debts
- Reconcile client and company accounts on Xero and spreadsheets
- Update and maintain the Margin Report, Unpaid Monies Report and Open Case Report
- Authorise payments
- Obtaining copies of SWIFT messages for both incoming and outgoing payments
- Keeping a log of funds transferred between companies
- Control and reconciliation of returned currency from broker
- Ensure any 3rd party payments have been approved by Compliance
- Setting up & making payments to the Client
- Updating Xero & in-house online trade platform
- Chasing for client payment details and adding them to the in-house trade platform
- Check broker recaps
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Senior Payments Specialist
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