Reconciliations & Settlements Analyst

Moneycorp; Coventry; Hybrid; GBP 30,000 - 50,000; Full time

Benefits offered by this job

25 days holiday

Birthday day off

Pension

Private medical insurance

Job summary

Moneycorp is seeking a detail-focused Payments Operations professional to manage FX settlements, cash settlements and reconciliations in a hybrid Coventry office. The role involves working across FX, reconciliations and client money obligations, with exposure to Sales, Dealing, Finance and Risk teams.

A proactive learner with strong communication skills will thrive in this international FinTech environment.

Qualifications

• Interest in moving into FX, settlements and reconciliations roles.
• Ability to communicate with diverse stakeholders effectively under pressure.
• Strong analytical mindset with attention to detail and evidence-based decision making.

Responsibilities

• Oversee FX settlements, cash settlements and reconciliations daily.
• Collaborate with Sales, Dealing, Finance and Group Risk & Compliance teams.
• Ensure client money obligations (CAR/CASS) and safeguarding requirements are met.
• Support learning and cross-team exposure across payments in a global FinTech.

Skills

Interest in FX & reconciliations

Stakeholder communication

Analytical thinking

Attention to detail

Learning mindset

Tools

SWIFT knowledge

Job description

Who We Are:

Moneycorppowers global payments for corporates,institutionsand high networth individuals, combining worldwide reach with localexpertise. With over 45 years of market experience, two banking licences and offices in 11 countries,our technologydelivers24/7 accessibility, while our people deliveraward-winning service. In 2024, we supported$1tn+of payment volume, reaching 190 countriesin130 currencies.Our32k+ corporateclientsbenefitfrom our regulatory resiliencewith63+permissions globally, access to major payment rails, and our proprietary technology.

Moneycorp is a place where energy, commitment, and collaboration are core to our values of shared success. We’re restless in our drive to surpass the expectations of our customers and unlock opportunities to support them at every stage of their journey. The foundation of our success is our people, and nurturing a culture of belonging for all our colleagues is central to our journey as a global business.

Role Purpose

This is a fantastic opportunity for someone to take on a key role within the Payments Operations function, where we are seeking someone who is keen to get involved in multiple projects within an established growing international organisation, providing amazing scope for both strategic and operational self-development.

Reporting directly to the Payment Operations Managers, this role is within the Reconciliations and Settlements team and the purpose is to ensure:

• All FX transactions are confirmed, settled and reconciled daily
• All bank accounts, transactions and systems are reconciled daily.
• Compliance with client money obligations including Safeguarding, CAR, CASS.
• Cash settlements result in funds in the correct bank accounts at the correct times to ensure all payments are released, minimise cost to business and maximise revenue.

The tasks will be split up by 3 main work streams - FX settlements, Cash Settlements and Reconciliations. You will have exposure to a variety of stakeholders across the business including members from the Sales, Dealing, Finance and Group, Risk and Compliance teams and the role will provide the opportunity to learn about all areas of payments within a global FinTech payments business.

We are keen to meet applicants who have an interest in learning FX, settlements and/or reconciliations or have previous operational experience with banking and reconciliation activities, have sharp attention to detail and takes pride in ensure processes and procedure are followed consistently at a high standard.

What we’re looking for:

Essential Knowledge, Skills & Experience:

• Interest in moving into a role dealing with FX, settlements and reconciliations activities.
• Proficient at establishing credibility quickly and building relationships with a range of stakeholders.
• Ability to communicate effectively (both oral and written), stay calm and work well under pressure to meet competing deadlines.
• Solution-focused approach and the ability to make objective / evidence based decisions and influence recommendations and decisions using insights.
• Consultative style with the ability to breakdown complex information to suit target audience.
• Resilient to change, adapting to and supporting new situations with confidence.
• Excellent analytical skills, with ability to think independently and draw conclusions.

Exposure to any of the following areas would be advantageous in the role, however we are happy for all of these areas to be learned while in post:

• Existing knowledge and understanding of the banking sector specifically around payments and FX products.
• Day to day banking and reconciliation activities such as client money reconciliations, cash management, settlement of FX trades.
• SWIFT Payments.
• AML and Compliance requirements including safeguarding i.e. CAR / CASS requirements.

What We Can Offer You:

This role offers a competitive salary with a bonus, plus a comprehensive benefits package including 25 days holiday plus a day off for your birthday, pension, BUPA private medical health insurance and more.

Location and Contract Type:

This is a full-time, permanent position. The job is based out of our office in Coventry on a hybrid working model, offering the flexibility to work from home twice per week once settled in the role.

Fostering a culture of belonging and inclusivity

We're committed to creating a workplace where every individual feels valued, respected, and included. As an Equal Opportunity Employer, we actively cultivate an inclusive culture where diversity thrives, and we empower our colleagues to drive meaningful change within our organization through Employee Engagement initiatives and value champion networks. Like many of our peers, we recognize that fostering inclusivity is an ongoing journey, and we remain steadfast in our commitment to progress. By measuring our efforts through regular assessments and listening to the feedback of our employees, we strive to ensure that our initiatives are impactful and responsive to the evolving needs of our workforce. Together, we want to build a workplace where everyone can bring their authentic selves to work, as we believe this is the foundation of innovation, creativity, and collective success.