Clearing Settlement Administrator
3 days ago
THE COMPANY:
Our client is a leading international bank based in the City. They are looking for a Clearing Settlement Administrator to join the team in London on a permanent basis.
THE RESPONSIBILITIES:
Process payments/clearing and also assist with reconciliations and settlements of treasury and loan business.
- Process all correspondence payment instructions received from both internal and external clients of the Bank including agent banks in SCMS.
- Apply knowledge of Faster Payment, CHAPS, SWIFT MT format messages and ISO20022 SWIFT XML format messages when processing payment instruction in SCMS and FOVA.
- Investigate correspondence payment queries and provide response succinctly and promptly.
- 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.
- Communicate with Head Office on any system upgrading and assist with improvement of new operation process.
- Input accounting journal entries including interest, fees and charges in FOVA.
- Maintain and report daily Nostro positions to Funds Position Keeper.
- Preparation of monthly and quarterly reports to Head Office, Agent banks and Management as well as ad-hoc reports.
- Maintenance of system parameter and static data and keep up to date records filing
EXPERIENCE REQUIRED:
- Good Microsoft Office skills;
- Good organizational ability and attention to detail;
- Good interpersonal skills with the ability to communicate with people of different departments;
- The ability to priorities tasks and delegate when necessary;
- Accurate reporting skills;
- Good team player and be responsible for teammate actions;
For further information please contact Eleanor Gowling
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