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Settlements/Payments Manager – Forex

  • Location: London
  • Salary: £40,000 - £50,000 per year
  • Job Type:Permanent

Posted 6 months ago

  • Sector: Risk Management & Analytics
  • Contact: Periklis Alygizakis
  • Contact Email:
  • Expiry Date: 22 April 2021
  • Job Ref: PA/17320

A boutique Foreign Exchange business is looking for a Payments/Settlements Manager to lead a growing team.

Leading 3 Assistants, you will gain full oversight of managing the day to day operations of the settlements team, ensuring the timely execution and delivery of all settlements and payments.

Key Responsibilities

  • Managing a team of 3 settlements assistants who prepare & input multiple currency payments for clients and brokers
  • Act as the escalation channel for any payment investigations and client settlement queries
  • Perform bank account reconciliations and client schedules
  • Provide daily, weekly and monthly reporting to the Finance Team
  • Assist with the implementation of HCFX’s new payments platform ensure processes are efficient and effective.
  • Updating and maintaining the financial requirements in HCFX’s trading platform
  • Ensure the team deal with queries in a timely manner to resolve settlement/account queries and errors
  • Liaising directly with the finance compliance, sales and dealing teams as well as with HCFX’s clients when and as appropriate
  • Liaising with counterparties, beneficiaries and clients or internal dealing teams as appropriate

The Person

You will likely have 2+ years of experience in a similar Settlements environment across the Financial Services (bonus points if it’s within a FX/Payments environment!).

You will have excellent attention to detail and you can operate with high levels of accuracy.

Ideally, you have some experience of managing a team but candidates who are looking to move into a managerial post will be considered

Communication and stakeholder management skills are paramount as you will be liaising with a number of teams (Finance, Front Office etc.) on a day to day basis