It is essential that all applicants a minimum of 6 months operations/settlements department experience. Unfortunately, our client cannot provide sponsorship and therefore only applicants that have eligibility to work in the UK for 3+ years in the future will be considered.

Our client, a bank based in Central London is looking for a Banking Treasury Settlements to join them on a 1-year fixed term contract. This position is 5 days per week office based.

The successful candidate will have the responsibility and accountability for processing the daily trades and look to absorb new system work practices. Testing and implementation of new systems will also be required.

Main Responsibilities:

• Bank to Bank Foreign Exchange Deal Processing
• Money Market Deal Processing
• MT202 and MT200 payments
• Fixed Income Trade Processing using Swift MT541 and MT543 messages.
• Interest Rate Swap Processing
• Daily Mark to Market valuation of derivatives administration including margin calls
• Daily Deal Maturity review to confirm if trades are correctly being extended or repaid.
• Cash and Nostro Management
• Nostro and Custodian Reconciliation
• Processing Nostro, Custodian, Brokerage and Repository charges
• Transaction Monitoring
• Compliance Report
• Be aware and proactive concerning Anti Money Laundering, Compliance and Regulatory Responsibilities

Experience & Skills required:

• Experience of processing trades
• Settling Fixed Income trades through a Custodian using Swift MT541 and MT543 messages
• Some knowledge of the reporting requirements for EMIR, SFTR and MiFID/MiFIR and the dynamics of trade repositories in this role
• Understanding the different formats that data can be configured in and being able to work with other Departments and outside stakeholders to produce automated workflow solutions

For further information on this exciting opportunity please send a copy of your CV to Judith Webb quoting job number (phone number removed)JW.