A financial services firm in the United Kingdom is seeking a Mid-Senior level professional to handle FX transactions and manage operational processes. The ideal candidate has a strong understanding of FX settlements and experience with regulatory requirements. Key responsibilities include processing transactions, reconciling payment flows, and collaborating with stakeholders. This is a contract position in the finance sector.
Qualifications
Previous experience in FX operations or derivatives processing.
Ability to adapt to changing regulatory environments.
Responsibilities
Process FX transactions from front-office trade capture systems.
Monitor and reconcile payment flows.
Collaborate with internal stakeholders to enhance service quality.
Skills
Strong understanding of FX settlements and trade lifecycle
Excellent communication and stakeholder management skills
Strong analytical and problem-solving skills
Tools
Microsoft Excel
Job description
Responsibilities
Process FX transactions from front-office trade capture systems through to accounting and payment systems.
Manage confirmation and affirmation processes for FX trades.
Monitor and reconcile payment flows, ensuring timely settlement and resolution of discrepancies.
Maintain and update operational procedures and checklists.
Perform User Acceptance Testing (UAT) for system upgrades and process changes.
Collaborate with internal stakeholders to meet processing deadlines and enhance service quality.
Escalate issues promptly and follow through to resolution.
Skills & Experience
Strong understanding of FX settlements and trade lifecycle.
Knowledge of confirmation matching processes and market standards.
Familiarity with CLS settlements and SWIFT payment formatting (MX/MT standards).
Awareness of industry documentation (e.g., ISDA) and regulatory reporting requirements.
Proficiency in reconciliation and exception management.
Excellent communication and stakeholder management skills.
Ability to adapt to changing regulatory environments and prioritize effectively.
Qualifications
Previous experience in FX operations or derivatives processing.
Strong analytical and problem-solving skills.
Good working knowledge of operational systems and Microsoft Excel.
Managing high-volume, time-sensitive transactions in a dynamic regulatory environment.
Driving process improvements while maintaining robust controls.
Building strong relationships across front office and operations teams.