At a Glance
- Tasks: Investigate post-trade payment queries and ensure smooth execution of FX and MM payments.
- Company: Well-established financial services organisation with a strong industry presence.
- Benefits: Competitive salary, bonus, and a hybrid work model in London.
- Other info: Dynamic role with opportunities for professional growth and global stakeholder engagement.
- Why this job: Advance your career in finance while utilising your French language skills.
- Qualifications: Fluency in French and English, with 3+ years in payment investigations.
This role within the banking and financial services industry focuses on handling post trade payment investigations and ensuring seamless FX, MM and MT103 payments are actioned. The position is ideal for professionals with expertise in post-trade operations and fluency in French.
This opportunity is with a well-established organisation within the banking and financial services sector, known for its robust payment operations and commitment to excellence. The company operates as a mid-sized entity with a strong presence in the industry and a focus on delivering exceptional payment services.
The Post Trade Management team are primarily responsible for investigating and resolving post execution payment queries, liaising with our network of Correspondent Banks across multiple regions to ensure such queries are resolved in good time, to uphold our client experience. A high volume of these queries are in relation to our FX and MM transactions as well as client MT103 payments.
The role holder will work alongside the wider team to take responsibility for all post trade FX and MM payments. They will be expected to communicate regularly with our correspondent banks and clients across multiple regions to ensure smooth payment execution and timely query resolution. As this role involves communicating with stakeholders across diverse regions, the role holder will be required to be fluent in French. Fluency in Spanish would also be advantageous.
In addition, the role holder will take responsibility for producing external correspondent bank reports and internal unsettled trade reports. Daily responsibilities also include Nostro break investigation, confirmation of incoming client funds, SSI set ups and the creation of daily payment reports.
Role Responsibilities:
- Payment Query Resolution: Handle post-execution payment inquiries by providing prompt and precise updates to correspondent banks and clients in various regions, utilising French and possibly Spanish when communicating.
- Stakeholder Engagement: Produce and present unsettled trade reports, highlighting failed FX settlements to stakeholders across the organisation. Regularly interact with Relationship Bankers to update on progress of queries.
- Daily Operations: Investigate Nostro account breaks and ensure timely reconciliation. Ensure prompt response to and resolution of incoming client queries. Confirm receipt of incoming client funds. Generate and distribute daily payment reports to relevant teams. Maintain records of team activity for monthly reporting. Set-up and maintenance of Client Settlement Instruction Profile.
A successful professional should have:
- Fluency in both French and English, with excellent written and verbal communication skills.
- 3 years + experience in Payment Investigations or similar role within Banking Operations.
- Strong working knowledge of SWIFT payments and investigations, particularly MT1XX and MT2XX series.
- Prior exposure to Foreign Exchange processes and settlement flows.
- Familiarity with ISO20022 message types highly advantageous.
- Demonstrated experience in managing relationships and resolving queries across a global network of correspondent banks and internal stakeholders.
Competitive salary ranging from £55,000 to £60,000 per annum, depending on experience. Bonus. Permanent position within a respected financial services organisation, based in The City of London. 3 days in the office hybrid model. This is an excellent opportunity for a French-speaking professional to advance their career in the financial services sector. If you are ready to take the next step, we encourage you to apply today.
French Speaking Post Trade Payment Investigation in City of London employer: Michael Page
Contact Detail:
Michael Page Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land French Speaking Post Trade Payment Investigation in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and financial services sector. Attend industry events or webinars where you can meet potential employers and showcase your skills in post-trade operations.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FX, MM, and MT103 payments. Be ready to discuss your experience with payment investigations and how you've resolved queries in the past. Confidence is key!
✨Tip Number 3
Show off your language skills! Since fluency in French is a must, practice speaking and writing in French before your interviews. You might even want to prepare some answers in French to impress your interviewers.
✨Tip Number 4
Don't forget to apply through our website! We make it easy for you to find roles that match your skills and interests. Plus, it shows you're serious about joining our team in delivering exceptional payment services.
We think you need these skills to ace French Speaking Post Trade Payment Investigation in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in payment investigations and post-trade operations. Use keywords from the job description to show that you’re a perfect fit for the role.
Show Off Your Language Skills: Since fluency in French is a must, don’t forget to mention any relevant experiences where you’ve used your language skills. This could be in previous jobs or even during your studies!
Be Clear and Concise: When writing your cover letter, keep it straightforward. Clearly explain why you’re interested in the role and how your background makes you the ideal candidate. We love a good story, but keep it relevant!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Michael Page
✨Brush Up on Your Payment Knowledge
Make sure you’re well-versed in post-trade operations, especially around FX and MM payments. Familiarise yourself with SWIFT payment processes and the MT1XX and MT2XX series, as these will likely come up during your interview.
✨Show Off Your Language Skills
Since fluency in French is a must, practice speaking and writing in French before the interview. Be prepared to answer questions in French and demonstrate your ability to communicate effectively with clients and correspondent banks.
✨Prepare for Scenario-Based Questions
Think about potential scenarios you might face in this role, such as resolving a payment query or handling a Nostro account break. Prepare clear examples from your past experience that showcase your problem-solving skills and ability to manage relationships.
✨Know the Company Inside Out
Research the organisation’s payment operations and their commitment to excellence. Understanding their values and how they operate will help you tailor your answers and show that you’re genuinely interested in being part of their team.