Settlement Officer

Details of the offer

Job Description Perform technical and administrative functions within the Treasury Back Office, focusing on accurate and timely management of daily cash flow, foreign exchange transactions, and money market operations.

Key Responsibilities Daily Cashflow Preparation

Generate and prepare the daily cash flow report. Interact directly with business units to fulfil funds requests. Foreign Exchange Preparation

Prepare foreign exchange transaction requests. Confirm all foreign exchange transactions. Settle all foreign exchange transactions. Money Market and Capital Markets

Administer money market and capital markets transaction processes. Administer the confirmation and settlement of all trades. Coordinate and engage with external clients including Interbank and Financial Institutions for trade processing, difference resolutions and expediting processes required for trade settlement. Verify static data and amend information specific to counterparty and own account settlement instructions to ensure processing systems have correct settlement data. Prepare month-end call accounts interest reconciliations. Process call account openings and closures. Treasury Administration

Resolving issues/queries related to the Treasury Back Office. Back-office Documentation management. Maintaining effective Treasury Back Office Internal controls. Daily monitoring of transactions on bank accounts to identify fraud and unauthorized transactions. Support the preparation of both internal and external auditors. Provide required information with ad hoc requests within and outside the business. Key Measurements of Output

Timely and accurate reporting including daily cash flow reporting. Effective foreign exchange transaction processing. Satisfaction of internal and external stakeholders. Implementation of resolutions. Clean Audit. Expertise & Technical Competencies Minimum Requirements

Bachelor's degree in commerce or equivalent finance or quantitative discipline. A minimum of 5 years' experience in treasury and financial markets. In-depth knowledge of LMA standards. Good understanding of the functioning of the money and capital markets. Advanced Excel capabilities. Experience and exposure in working on the following: Confirmation and Settlements process Foreign currency administration Treasury internal controls Cash/liquidity Management Desirable Requirements

Experience working on the following platforms: OnBase (advantage) SWIFT knowledge (advantage) FIS QUANTUM knowledge (advantage) Required Personal Attributes Customer Service Orientation

Tries to understand the underlying needs of customers and matches these needs to available or customized products and services. Adapts processes and procedures to meet ongoing customer needs. Utilises feedback received by customers to develop new and/or improve existing services/products. Self-awareness and Self Control

Withholds effects of strong emotions in difficult situations. Keeps functioning or responds constructively despite stress. Driving Delivery of Results

Sets challenging goals that will have a significant impact on the business. Commits significant resources and/or time to ensure that challenging goals are achieved. Teamwork & Cooperation

Acts to promote a friendly climate and good morale and resolves conflicts. Creates opportunities for cross-functional working. Encourages others to network outside of their own team/department.

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Nominal Salary: To be agreed

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