Settlements Officer

Kaizen Recruitment; City of Melbourne; On-site; AUD 80,000 - 105,000; Full time

Job summary

Kaizen Recruitment is assisting a respected Victorian financial institution with a 12-month parental leave contract for a Settlements Officer. The role focuses on settlements, banking services, and the safe custody of securities, serving as a first receipt point for Front Office transactions.

Key duties include confirming and forwarding settlements, processing and reconciling trades, and handling AUD and FX payments.

Qualifications

• 3+ years' experience in a similar position.

Responsibilities

• Review and forward settlement confirmations to clients. Work across Domestic, APAC and European markets.
• Process, authorise and reconcile all transactions.
• Create and send payments – AUD and FX.
• Process daily cash sweep and cash movements.
• Account reconciliation.
• Assist in process improvement recommendations and implementation.

Skills

Treasury & markets

Derivatives

Attention to detail

Stakeholder mgmt

Prioritisation

Job description

About the Company
Our client is a highly regarded financial institution that plays an important role in supporting Victoria's public sector through the delivery of trusted financial and advisory services. With a collaborative, professional and inclusive culture, the organisation is committed to investing in its people and supporting their ongoing growth and development.
About the Role
This role is a full-time 12-month parental leave contract. Candidates must be based in Victoria for this opportunity.
The Settlements Officer is responsible for providing banking and settlement services, ensuring the safe custody of securities holdings, and maintaining appropriate banking arrangements.
This position is central to the day-to-day operations of the banking and settlements team, as it serves as one of the first points of receipt for transactions from the Front Office.

• Review and forward settlement confirmations to clients. Work across Domestic, APAC and European markets.
• Process, authorise and reconcile all transactions.
• Create and send payments – AUD and FX.
• Process daily cash sweep and cash movements.
• Account reconciliation.
• Assist in process improvement recommendations and implementation.

Technical Skills & Qualifications

• 3+ years' experience in a similar position.
• Understanding of Treasury and Financial Markets.
• Understanding of financial instruments including derivatives.
• Attention to detail.
• Ability to manage conflicting priorities.
• Ability to develop and maintain relationships with both internal and external stakeholders.