Settlements/Payments Manager – Forex

  • Location


  • Discipline:

    Risk Management

  • Job type:


  • Salary:

    £40,000 - £50,000

  • Consultant:

    Periklis Alygizakis

  • Email:


  • Job ref:


  • Published:

    28 days ago

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