Settlement Operations Manager

6 hours ago


London, Greater London, United Kingdom Zenith Bank (UK) Limited. Full time
About Zenith Bank (UK) Limited

We are a subsidiary of Zenith Bank PLC, one of Nigeria's top banks. Our mission is 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.

We value our highly skilled workforce, providing an environment conducive to effective performance and offering opportunities for learning and development. We prioritize the well-being of our staff, encouraging them to balance work and personal lives for healthy growth and career success.

Our 5-Year Strategy

We aim to achieve 'Controlled Growth' over the next five years, becoming the preferred choice for businesses transacting in the African continent. With new services introduced in the UK and unparalleled knowledge of business with Africa, we are confident in our ability to deliver exceptional results.

Job Description

The Settlements team plays a vital role in processing transactions for various customer denominations. As a member of this team, you will support colleagues in meeting Service Level Agreements (SLAs) and customer satisfaction targets.

Key Responsibilities
  • Cash management and Nostro Position Keeping involve maintaining accurate records and ensuring timely settlement of transactions.
  • FX/MM, NDF, Currency Option trade confirmation requires attention to detail and excellent communication skills.
  • NDF, Currency Option cash settlement demands proficiency in financial systems and procedures.
  • Fixed Income trade processing/settlement/custody involves working with multiple stakeholders to ensure seamless transactions.
  • REPO trade processing and settlement require strong analytical skills and problem-solving abilities.
  • Electronic Data storage is essential for maintaining accurate records and meeting regulatory requirements.
  • Involvement in project work and UAT enables the team to stay up-to-date with industry developments and best practices.
Required Skills and Knowledge
  • A team player with excellent commercial awareness is essential for success in this role.
  • Attention to detail, aptitude to learn, and problem-solving skills are critical for navigating complex financial transactions.
  • Effective communication, multitasking ability, leadership skills, and negotiation skills are vital for collaboration and decision-making.
  • Maintaining accurate records and adhering to deadlines are essential for achieving business objectives.
  • Excellent numeracy skills are required for managing financial data and making informed decisions.

This permanent position offers a competitive salary of £56,000 based on experience.



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