At a Glance
- Tasks: Ensure smooth settlements and customer services while managing funds transfers.
- Company: A small international bank in the heart of London.
- Benefits: Competitive salary, permanent position, and opportunities for professional growth.
- Other info: Collaborative environment with potential for career advancement.
- Why this job: Join a dynamic team and make a real impact in financial operations.
- Qualifications: Experience in finance or banking and strong attention to detail.
The predicted salary is between 36000 - 54000 € per year.
Job Description
Settlements Officer
City of London
5 days in the office
Permanent
£45,000
cer Financial are working alongside a small international bank who are based in the City of London. They are seeking a Settlements Officer to work with them on a permanent basis.
In this role you will assist the Operations Manager overseeing the smooth functioning of Settlement and Customer Services to maintain sufficient check and balance in connection with the Treasury’s day-to-day positions, provide quality services to customers and to implement secure working practices relating to funds transfers.
The responsibilities of a Settlements Officer will include:
- Check and co-authorise credit items and timely payments within the limit and delegated signing authority.
- Counter check positions with the dealers during the day and before the end of each day.
- Match confirmations to ensure the correctness.
- Handle queries/investigations in connection with Bank-to Bank payments.
- Cover for the Administrative Officer in charge of Customer Services.
- Develop and implement strategies relating to customer’ deposits, remittances, and settlements to ensure the competitiveness of the Customer Services tariffs.
- Establish & monitor compliance with the approved policies, workflow procedures & guidelines and relevant governing rules & regulations pertaining to all the activities within the Settlement and to update, on an ongoing basis, all the corresponding manuals and procedures. Review and implement changes in operations process workflows for continuous improvements in efficiency.
- Assist Operations Manager carrying out Watch List/Fircosoft and Northland investigation as part of the Sanction List/ AML procedure.
- Oversee, direct, supervise, appraise, motivate and train the staff to ensure the smooth functioning of its operations.
Settlements Officer in London employer: CER FINANCIAL LTD
As a Settlements Officer at this small international bank in the heart of the City of London, you will be part of a dynamic team that values collaboration and professional growth. The company fosters a supportive work culture with a strong emphasis on employee development, offering opportunities for training and advancement within the financial sector. With competitive remuneration and a commitment to maintaining secure working practices, this role provides a meaningful and rewarding career path in a vibrant location.
StudySmarter Expert Advice🤫
We think this is how you could land Settlements Officer in London
✨Tip Number 1
Network like a pro! Reach out to people in the finance sector, especially those working in settlements or similar roles. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of settlements and customer service practices. We recommend practising common interview questions and scenarios related to funds transfers and compliance to show you're ready to hit the ground running.
✨Tip Number 3
Don’t forget to showcase your soft skills! As a Settlements Officer, you’ll need to handle queries and motivate your team. Be sure to highlight your communication and leadership abilities during interviews.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and engaged with our platform.
We think you need these skills to ace Settlements Officer in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Settlements Officer role. Highlight relevant experience and skills that match the job description, like your knowledge of funds transfers and customer service. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role and how your background aligns with our needs. Be sure to mention your understanding of compliance and operational processes, as these are key for us.
Showcase Your Attention to Detail:As a Settlements Officer, attention to detail is crucial. In your application, provide examples of how you've successfully managed tasks that require precision, like checking payments or handling queries. We love candidates who can demonstrate this skill!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it shows you're keen on joining our team at StudySmarter!
How to prepare for a job interview at CER FINANCIAL LTD
✨Know Your Settlements Inside Out
Make sure you brush up on your knowledge of settlements and customer service processes. Understand the key responsibilities of a Settlements Officer, like co-authorising credit items and handling bank-to-bank payments. This will show that you're not just interested in the role but also prepared to hit the ground running.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, such as dealing with discrepancies in transactions or managing customer queries. Think of examples from your past experience where you've successfully navigated similar challenges, and be ready to share them during the interview.
✨Familiarise Yourself with Compliance Regulations
Since compliance is a big part of the role, make sure you understand the relevant governing rules and regulations. Brush up on AML procedures and any other compliance frameworks that might be relevant. This will demonstrate your commitment to maintaining high standards in your work.
✨Showcase Your Teamwork Skills
As a Settlements Officer, you'll need to work closely with others, including the Operations Manager and your colleagues. Be prepared to discuss how you've collaborated effectively in previous roles, and highlight any experience you have in training or supervising staff, as this will be a key part of the job.
