Settlements Senior Analyst

Company Description
Crown Agents Bank is a vastly growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology. We are transforming the way payments and FX move through emerging markets, reducing friction so that more money gets to those who need it. Emerging markets payments are usually challenging, expensive, unreliable and opaque. Our solutions help fix these pain points. Ultimately, we connect traditionally hard-to-reach regions to global financial infrastructure, giving access to the best prices and the fastest, most reliable settlement.Company Description
Crown Agents Bank is a vastly growing and regulated UK bank that connects emerging and frontier markets to the rest of the world, using FX and payments technology. We are transforming the way payments and FX move through emerging markets, reducing friction so that more money gets to those who need it. Emerging markets payments are usually challenging, expensive, unreliable and opaque. Our solutions help fix these pain points. Ultimately, we connect traditionally hard-to-reach regions to global financial infrastructure, giving access to the best prices and the fastest, most reliable settlement.
FX and cross-border payments are often complex and expensive, especially when operating in emerging markets. Crown Agents Bank (CAB) wraps its deep and trusted relationships and strength of network around innovative digital capabilities, and cross-border transaction banking solutions to enable fintech, corporates, governments, development organisations and banks to move money to, from, and across often hard-to-reach markets.
Job Description
The Settlements team are responsible for ensuring the smooth confirmation, settlement and lifecycle management of predominantly FX, but also MM and Bond transactions, ensuring trades are captured, confirmed and settled accurately and in good time, with post trade queries investigated and resolved in a timely manner.
The role holder will take responsibility to ensure that FX, money market and bond trades are settled accurately and within cut off. The role holder will be responsible for checking trade details, MT300 / MT320 confirmation matching, net settlement and payment release. The role holder will also liaise frequently with the FX and MM desk and will take responsibility to independently resolve a range of trade queries received into the team
In addition, the role holder will participate in initiatives to optimise processes to reduce risk and increase capacity and take an active role in upskilling junior team members.
Role Responsibilities
The processing and settlement of FX, MM and Bond trades including confirmation matching, netting calculations and payment creationInvestigating unmatched trade confirmationsIndependently managing and resolving trade queries received into the teamBeing “hands on” and assisting with customer inquiries, troubleshooting problems, and resolving issuesReviewing processes and providing suggestions for improvementsRegular review and updates to procedure manuals and framework documentsInvolvement in testing of new products and solutionsMaintaining compliance with external regulatory requirements and the internal control environments
Qualifications
Educated to A level standard or similar demonstrable experience.
Experience
5 years + experience in a settlement’s roleDemonstrable experience of Treasury products such a FX, MM, Derivatives, Bonds etc, ideally in emerging marketsExperience dealing with multiple stakeholders within a global network of banks.Payment and SWIFT formatting knowledge
Skills
Excellent attention to detailAble to prioritise effectivelyAgile and adaptableWorks well under pressureFocus on innovation and continuous improvement to create excellence.
Additional Information
Hybrid workingContributory personal pension plan: - Minimum: Employee 2% and Employer 7%. Employer matches contributions in 1% increments to a maximum of: Employee 5% and Employer 10%Life Assurance – 4 times annual salaryGroup Income ProtectionPrivate Medical Insurance – this may include cover for partner and or children at company cost. Cover includes Optical, Dental and AudiologyDiscretionary BonusCompetitive Annual Leave2 Volunteering DaysBenefit Hub
Seniority level
Seniority level Mid-Senior levelEmployment type
Employment type Full-timeJob function
Job function General BusinessIndustries BankingReferrals increase your chances of interviewing at Crown Agents Bank by 2xSign in to set job alerts for “Settlement Analyst” roles.
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