Settlements & Payments Operations Analyst

MILLBANK FX; Greater London; On-site; GBP 35,000 - 38,000; Full time

Benefits offered by this job

Private medical insurance

Dental and optical cash back

Gym & wellness discounts

Job summary

Millbank FX, a London-based foreign exchange and payments specialist, seeks a Settlements Administrator to join the back-office settlements team. You will ensure accurate settlement, reconciliation, and data hygiene for trades and client funds, supporting the Head of Settlements in a deadline-driven environment.

You’ll process payments, maintain ledgers, and assist with FCA reporting while upholding high standards of accuracy and accountability.

Qualifications

• 1–3 years’ experience in settlements, payments operations or finance administration.
• Strong attention to detail and comfort with process-driven work.
• Confidence using Excel for reconciliations and data checks.
• Clear written communication and a calm, dependable working style.
• A strong sense of personal accountability for task completion, accuracy and follow-through.
• Willingness to learn, take feedback, and grow into broader responsibility.

Responsibilities

• Process and release payments accurately and on time, following defined procedures.
• Reconcile incoming and outgoing funds in Salesforce and Excel.
• Maintain clean and accurate Client Held Funds and Trade Ledgers.
• Support FCA-related operational reporting by ensuring underlying data is complete and reconciled.
• Assist with hedging position administration and settlement checks.
• Investigate straightforward discrepancies and elevate exceptions promptly.
• Maintain clear, audit-ready records across internal systems.
• Follow established processes consistently and flag issues when identified.

Skills

Attention to detail

Excel proficiency

Written communication

Accountability

Coachable

Tools

Salesforce

Excel

Job description

Millbank FX, a London-based foreign exchange and payments specialist, seeks a Settlements Administrator to join the back-office settlements team. You will ensure accurate settlement, reconciliation, and data hygiene for trades and client funds, supporting the Head of Settlements in a deadline-driven environment.

You’ll process payments, maintain ledgers, and assist with FCA reporting while upholding high standards of accuracy and accountability.