Treasury Operations, Settlements - Analyst

Mizuho EMEA; Greater London; Hybrid; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Hybrid working

27 days' annual leave

Non-contributory pension

Virtual GP

Wellbeing benefits

Job summary

The Treasury Settlements Team at Mizuho EMEA handles the timely confirmation and settlement of FX and Money Market trades for our clients and counterparties across the EMEA region. The Analyst will work under pressure, ensuring accuracy, compliance with procedures, and effective client-facing communication.

Key duties include performing daily settlements, investigating cash breaks, reconciling trades, and supporting process improvements while collaborating with front offices, auditors and other

Qualifications

• Experience of FX & MM Settlements and confirmations including CLS.
• Good verbal and written communication skills.
• Team player with ability to work independently.
• Flexibility to cover across roles within Settlements.
• Experience within Investment Banking Operations is desirable.

Responsibilities

• Assist with daily duties in operations services outsourced from EMEA offices.
• Investigate FX/MM cash breaks; contact clients to resolve promptly.
• Identify mismatches; escalate as needed.
• Respond to internal and client queries with good client experience.
• Operate within defined controls and proactively address risks.
• Investigate discrepancies with custodians and follow up on resolutions.
• Participate in new initiatives impacting the business.
• Report to Team Leader and ensure processes are followed.
• Identify and resolve errors to ensure timely settlement.
• Provide holiday coverage as defined by line-manager.
• Cross-train across roles within the team as per skills matrix.
• Ensure timely booking and settlement of all related FX/MM trades.

Skills

FX Settlements

Cash reconciliations

SWIFT

Excel

Communication

Teamwork

Tools

SWIFT

Job description

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Treasury Operations, Settlements - Analyst

The Treasury Settlements Team are responsible for the timely confirmation and settlement of the EMEA branches FX & Money Market trades dealt with the Banks clients and external counterparties. This team works with large volumes of trades which are high value and settlement is subject to market deadlines and regulations. Team members need to be able to work under pressure, with a prominent level of diligence, consulting with clients, front offices, auditors and following detailed procedures.

Duties and Responsibilities

• Assist with the daily duties in the running of the operations services/activities outsourced from the various EMEA offices.
• Ensure any FX/MM cash breaks are investigated, Reaching out to relevant clients to assist the break to be resolved promptly.
• Identify and investigate miss-matches promptly and escalating as needed.
• Ensure timely responses to internal and client queries sent by email/ phone communication, providing a good client experience.
• Operate within defined process controls and procedures proactively seeking out any risks, escalating and providing ideas to remediate
• Proactively investigate discrepancies with custodians and follow up on their resolution.
• Active participation in new initiatives that will impact the business.
• Reporting to Team Leader ensuring established processes are followed adapted/enhanced when required to ensure a consistently high level of service.
• Identify and resolve errors promptly to endure timely settlement.
• Bank Holiday coverage is required as defined and agreed with line-manager.
• Cross train on all roles within the team in conjunction with the skills matrix.
• Ensure the timely booking and settlement of all related treasury products (FX/MM) within the time limit set by management with full compliance with Policies and procedures.
• To have a flexible can-do attitude and can perform varied duties.
• Continue the drive for continuous improvement by championing self-development through internal training and coaching.
• Encourage collaborative working between operations teams to ensure that goals are achieved in accordance with Mizuho values.
• Reporting is produced on a timely and accurate basis.
• Ensure all Weekly, Monthly, Quarterly tasks are conducted correctly

Qualifications, Skills, and Experience

• Experience of FX & MM Settlements and confirmations including CLS - desirable
• Good verbal and written communication skills
• Team Player.
• Extensive coverage of standard operational tasks
• Ability to work independently
• Flexibility to cover across roles within the Settlements team
• Experience within Investment Banking Operations.
• Reconciliations experience.
• Excellent PC Skills (Excel, Word, PowerPoint especially) and a strong IT bias towards solving business problems.
• SWIFT experience, understanding of formatting and processing SWIFT - desirable

What Mizuho Can Offer You

Here at Mizuho, there are fantastic progression opportunities and clear paths to promotion. We will give you ample opportunity to affect change and to help grow our business.

In addition to the great opportunity outlined above we are also currently able to offer:

• Competitive starting salary, plus discretionary bonus
• Non-contributory pension
• 27 days' annual leave
• Core working hours*
• Hybrid working - office and home based*
• Virtual GP
• Wellbeing benefits, including Mental Health Allies and First Aiders

*For applicable roles only

At Mizuho, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

We are committed to supporting equality and diversity, and seek to create a workplace that is fully inclusive. We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds, sexual orientation, beliefs, gender identities and disabilities

If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team - [e-mail] and we will be happy to help.