Reconciliations & Settlements Analyst
Job Description
Job title: Reconciliations & Settlements Analyst
Company: Moneycorp
Job description: DescriptionWho We AreMoneycorp is a thriving dynamic business with an excellent reputation helping Corporate and Private Clients with their FX and International Payments requirements for over 40 years. As a globally expanding business, our footprint covers UK & Ireland, Europe, USA, Canada, Hong Kong, UAE and Brazil!With 500+ employees, Moneycorp prides itself in attracting some of the worlds top talent and the people who work at Moneycorp are truly behind its continued success.As Moneycorp continues to expand into new territories, there are considerable opportunities for growth for newcomers and the learning possibilities are endless. We welcome you to be part of a team which has a passion for the business, all within a collaborative and supportive working environment that has ultimately translated to a unique exciting business.Who You Are / Your Next ChallengeWe have an exciting opportunity for aReconciliations and Settlements Analyst,to join our Payments Operations Reconciliations and Settlements team at Moneycorp on a full-time / permanent contract, based in our Coventry Office, West Midlands. Reporting directly to the Payment Operations Managers, this role is within the Reconciliations and Settlements team team and the purpose is to lead a team to ensure:
- All FX transactions are confirmed, settled and reconciled daily.
- All bank accounts, transactions and systems are reconciled daily.
- Compliance with client money obligations including Safeguarding, CAR, CASS.
- Cash settlements result in funds in the correct bank accounts at the correct times to ensure all payments are released, minimise cost to business and maximise revenue.
The overall team size will be up to 16 people. The tasks will be split up by 3 main work streams – FX settlements, Cash Settlements and Reconciliations. You will have exposure to a variety of stakeholders across the business including members from the Sales, Dealing, Finance and Group, Risk and Compliance teams and the role will provide the opportunity to learn about all areas of payments within a global FinTech payments business.We are keen to meet applicants who have an interest in learning FX, settlements and/or reconciliations or have previous operational experience with banking and reconciliation activities, have sharp attention to detail and takes pride in ensure processes and procedure are followed consistently at a high standard.What were looking for / Skills that will help you in the role
- High interest in moving into a role processing FX, settlements and reconciliations activities.
- previous experience with day to day banking and reconciliation activities such as client money reconciliations, cash management, settlement of FX trades.
- Prior experience with SWIFT Payments.
- Some knowledge and understanding of the banking sector specifically around payments and FX products.
- Knowledge and understanding of AML and Compliance requirements including safeguarding i.e. CAR / CASS requirements.
- Proficient at establishing credibility quickly and building relationships with a range of stakeholders.
- Ability to communicate effectively (both oral and written), stay calm and work well under pressure to meet competing deadlines.
- Solution-focused approach and the ability to make objective/ evidence based decisions and influence recommendations and decisions using insights.
- Consultative style with the ability to breakdown complex information to suit target audience.
- Resilient to change, adapting to and supporting new situations with confidence.
- Excellent analytical skills, with ability to think independently and draw conclusions.
This is a fantastic opportunity for someone to take on a key role within the Payments Operations function, who is keen to get involved in multiple projects within an established growing international organisation, and provides amazing scope for both strategic and operational self-development.Please note:This is a full-time, permanent position. The job is office-based in Coventry, England, as part of the Reconciliations and Settlements team.What you get in return:This role offers a competitive salary (commensurate with experience), plus discretionary bonus and a comprehensive benefits package including 25 days holiday, pension, and BUPA private medical health insurance.Interested?If the role sounds like you, we invite you to upload a copy of your CV and can do this by clicking on theApply Nowbutton.Start Date: ASAPDiversity and InclusionMoneycorp is proud to be an Equal Opportunity employer. Across our Group, Moneycorp maintains a philosophy that an inclusive company culture inspires creativity, fosters a sense of belonging, and is imperative to both personal and professional growth. With a makeup of 47 percent female employees, Moneycorp has a remarkably diverse workforce. Our commitment to inclusion and opportunity continues to evolve and improve as we listen and engage with our diverse teams.All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.Moneycorp believes that diversity is critical to our success in helping Corporate and Private Clients with their FX and International Payments requirements across the world and is committed to creating an inclusive, mutually respectful environment which celebrates diversity. We hire on the basis of talent, merit, competence, performance, and business needs.
Expected salary:
Location: Coventry
