Operations Officer – Banking Payments and Settlements (including SWIFT) experience required.

Compliance Recruitment Solutions (Dublin, Geneva, London & Madrid); Greater London; On-site; GBP 32,000 - 42,000; Full time

Job summary

The London Office of a Foreign Bank is seeking an Operations Officer to manage back-office payments and settlements, including SWIFT, Nostro reconciliations, and SSI management. You will work with the operations team reporting to the Operations Manager to ensure accuracy, timeliness and regulatory compliance across daily activities.

With 2–3 years in banking operations, you will bring strong attention to detail and excellent organisational skills, liaising with counterparties and internal

Qualifications

• 2–3 years' experience in a banking operations environment.
• Experience with SWIFT payments and Nostro reporting & reconciliations is required.
• Strong attention to detail and organisational skills.

Responsibilities

• Process and monitor daily SWIFT payments and other settlement activities.
• Maintain Nostro accounts records and support account openings, transitions and closures.
• Maintain SSIs and liaise with counterparties to resolve discrepancies.
• Create and verify transaction records and loan ledger entries in the Core Banking System (ABIS).
• Perform daily bookkeeping and ledger reconciliations.
• Support the Compliance Team with policies and controls.

Skills

SWIFT payments experience

Back-office operations

Attention to detail

Organisational skills

Banking operations

Tools

ABIS Core Banking

Job description

Operations Officer – Banking Payments and Settlements (including SWIFT) experience required.

Ref: 4216G

Our client, the London Office of a Foreign Bank, are looking for an Operations Officer to take a broad and varied back-office operations role across payments and settlements. As part of the operations team you will report to the Operations Manager and your duties will include:

• Process and monitor daily SWIFT payments and other settlement activities, ensuring accuracy, timeliness, and compliance with established procedures.
• Maintain Nostro account records and support account openings, transitions, and closures, including balance transfers and related reconciliations.
• Maintain and communicate Standard Settlement Instructions (SSIs) to relevant internal and external stakeholders.
• Liaise with counterparties, correspondent banks, and internal departments to investigate and resolve payment and settlement discrepancies.
• Create, verify, and maintain accurate transaction records and loan ledger entries in the Core Banking System (ABIS), ensuring appropriate approvals are obtained.
• Maintain accrual schedules, prepare and process accounting vouchers, and perform daily bookkeeping and ledger reconciliation activities.
• Maintain accurate records and supporting documentation for operational controls, reconciliations, and internal and external audits
• Generate, review, and distribute daily transaction monitoring and sanctions screening reports, ensuring flagged transactions are promptly escalated to the appropriate personnel.
• Support the Compliance Team in reviewing and enhancing transaction-related policies, procedures and controls in accordance with applicable regulatory requirements.
• Support the implementation and ongoing maintenance of the Bank’s Operational Resilience Policy and Framework, including scenario testing, assessment of results, and remediation activities.
• Review and update the Operations Manual and related procedures to reflect changes in systems, internal controls, and operational practices.

The successful candidate must have 2 to 3 years' experience gained in a similar banking environment where you have developed a broad range of operations and back-office skills and experience. While previous experience of SWIFT payments and Nostro reporting & reconciliations is required, also important will be your attention to detail and organisational skills.

This is an excellent opportunity for someone looking for their 2nd job in operations where you will be given a significant amount of responsibility across a broad, varied and exciting role.

This is a close-knit office where you will work closely with colleagues at all levels in an open plan collegiate environment. The role is offered full time in their London office.

The recruiter has stated that all applicants for this job should be able to prove that they are legally entitled to work in the UK. Through application, all candidates signify their acceptance of the above information and confirm that the information they provide is true and accurate to the best of their knowledge.