Clearing Settlement Specialist

4 weeks ago


London, Greater London, United Kingdom People First Full time

Job Title: Clearing Settlement Specialist - Banking

Job Summary:

We are seeking a highly skilled Clearing Settlement Specialist to join our team in Banking. The successful candidate will be responsible for processing all correspondence payment instructions received from both internal and external clients of the Bank.

Key Responsibilities:

  • Process all correspondence payment instructions received from both internal and external clients of the Bank.
  • Apply sound knowledge of Faster Payment, CHAPS, SWIFT MT format messages and ISO20022 SWIFT XML format messages when processing payment instruction in SCMS and FOVA.
  • Actively monitor outstanding payment items and follow up with FCP compliance team on outstanding investigation.
  • Engage and liaise with Nostro and Vostro Agent to address and resolve outstanding issues.
  • Perform Vostro accounts opening and closing in system.
  • Input accounting journal entries including interest, fees and charges in FOVA.
  • Maintain and report daily Nostro positions to Funds Position Keeper.
  • Remain vigilant regarding AML rules and procedures during routine working.
  • Conduct daily basic CASS review operation in accordance with established policies.

Requirements:

  • Payment/clearing process, trade services and SWIFT experiences within banking.
  • Good Microsoft Office skills.

Working Hours:

9 to 5 with flexibility when necessary.

Working Style:

Fully office based.



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