FX Confirmations & Settlements, Team Lead
Core
Lead trade confirmation and settlement operations for Foreign Exchange (FX) products, ensuring timely cash flow settlement and resolution of fails in line with market deadlines.
Role type
Senior Associate, Team Lead in Markets Operations
Builds
End-to-end FX confirmation and settlement processes for institutional investors
Domain
Financial Services, Foreign Exchange, Trade Settlement
Required skills
FX trade confirmation, FX settlement (Interbank, Corporate, CLS), trade lifecycle management, discrepancy resolution, nostro account monitoring, audit support, process improvement, project management, SQL, MS Access
Preferred skills
NCFM or CISI certification, knowledge of macro markets, custody, cash management, payment systems, automation initiatives
Technologies
SWIFT, Misys, FXall, GTSS, BBG, CLS, LCH, ION, Bloomberg
Responsibilities
Validate and confirm FX trades (spot, forward, swap, NDFs, options) with counterparties; Manage end-to-end FX confirmation and settlement process; Send and match trade confirmations using platforms; Perform FX Netting; Monitor unmatched or disputed trades and resolve discrepancies; Liaise with front office, compliance, finance, claims, and IT teams; Monitor nostro accounts to ensure funding and settlement accuracy; Support audits and ensure adherence to operational risk and compliance policies; Partner in process improvement and technology development; Support Change the Bank and Run the Bank Projects.
Seniority
Senior Associate, Team Lead