Operations Assistant Manager – Banking Settlements

Saxton Leigh; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

Saxton Leigh, an international bank with a strong presence in European markets, is seeking an Assistant Manager – Operations to support its Front Office and wider Operations team in London. You will ensure accurate and timely processing, verification, and settlement of banking transactions while upholding regulatory compliance.

In this role you will manage day-to-day operations, coordinate with front office and clients, and monitor trade life‑cycles across FX, money markets, securities and

Qualifications

• Minimum 3 years' experience in back-office operations within a financial institution.
• Experience in trade processing, settlements and transaction lifecycle management.
• Knowledge of financial products including FX, Money Markets, Corporate Loans, Securities and/or Derivatives.
• Strong analytical, organisational and time-management skills with excellent attention to detail.

Responsibilities

• Support the Head of Operations with the day-to-day management of banking operations.
• Process, verify and settle transactions across products including FX, Money Markets, Corporate Loans, Securities and Derivatives.
• Prepare and reconcile trade confirmations, fixing notices and settlement instructions.
• Maintain accurate transaction records and documentation across core banking and settlement systems.
• Monitor securities settlements, corporate actions and inbound funds, following up on outstanding items with clients and counterparties.
• Liaise with Front Office teams, clients and settlement agents to resolve operational queries efficiently.
• Ensure compliance with FCA/PRA regulations, internal controls and operational procedures.
• Provide operational support and cover for colleagues where required.

Skills

Back-office operations

Trade processing

Transaction lifecycle

Analytical skills

Job description

Saxton Leigh, an international bank with a strong presence in European markets, is seeking an Assistant Manager – Operations to support its Front Office and wider Operations team in London. You will ensure accurate and timely processing, verification, and settlement of banking transactions while upholding regulatory compliance.

In this role you will manage day-to-day operations, coordinate with front office and clients, and monitor trade life‑cycles across FX, money markets, securities and