At a Glance
- Tasks: Join us as a Settlement Operations Analyst, handling FX transactions and ensuring smooth cash flows.
- Company: Monex specializes in commercial foreign exchange, serving over 70,200 clients globally.
- Benefits: Enjoy a supportive culture, professional development opportunities, and a focus on health and wellness.
- Why this job: Be part of a dynamic team that values collaboration and empowers you to grow your career.
- Qualifications: Customer service experience and familiarity with international payments are a plus.
- Other info: Work in a fast-paced environment with enthusiastic colleagues who support each other.
The predicted salary is between 36000 - 60000 £ per year.
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Settlement Operations Analyst
Apply locations London time type Full time posted on Posted 5 Days Ago job requisition id JR100457
Settlement Operations Analyst | London
We are Monex, a specialist in commercial foreign exchange. We offer a range of FX services aimed at corporate and institutional clients to manage foreign exchange exposure and international payments. Our team of experts provides personalized and proactive service, helping clients execute thoughtful FX strategies tailored to their specific business needs.
As part of the Monex SAB de CV financial group, we support over 70,200 clients worldwide, offering local expertise in various regions including the UK, Luxembourg, Canada, and Singapore. Our goal is to empower clients to make better-informed business decisions in a fast-moving and volatile market.
Department Overview
The Operations department performs efficient day-to-day administrative and operational functions of a business. They implement processes, ensure helpful services for customers, and perform the primary tasks of the organization.
Job Overview
Operations carries out the designated day-to-day tasks to ensure the business operates efficiently and effectively. Focusing on Payments and Reconciliations, the role ensures the company mitigates financial risk and provides a valued service to its clients.
Key Responsibilities & Accountabilities
Monex Europe’s Settlement Operations
- Liaise with Clients, Brokers and Banks to facilitate settlement of FX transactions and cash flows
- Account reconciliation and remediation
- Inward/Outward payment entry
- Payment error investigation and resolution
- Cash management of our nostro accounts
- Undertaking Safeguarding and CASS daily requirements
- Preparation of monthly account financial reconciliation reports
- Adherence to compliance processes and operational manuals
- Ad-hoc duties as required
Business Knowledge / Technical Skills:
- Previous experience in customer service advantageous;
- Previous experience with international payments advantageous;
Systems / Knowledge Skills:
- MS Office; Outlook, Word, Excel, PowerPoint;
- HR Systems – Workday;
- Databases – FXDB (In House);
- Client Portals – Monex Pay;
- Banking Portals – Barclays.net etc.
If you like wild growth and working with happy, enthusiastic over-achievers, you\’ll enjoy your career with us!
At Monex, we do our very best every day to ensure that we take good care of our people, as our biggest asset is our highly driven and focused Talent Culture .
We strive to continuously enable our people to develop their full potential by offering the necessary tools and support to empower our people to develop professionally and to take the next step in their career here at Monex.
Teamwork is a paramount part of our Talent Culture as we achieve more when we collaborate and all work together. We take pride in our familial culture with colleagues who are willing to go the extra mile for one another.
We foster a culture of Health and Wellness, encouraging our colleagues to pursue healthy habits and promoting healthy lifestyles.
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Settlement Operations Analyst employer: Monex Europe Ltd
Contact Detail:
Monex Europe Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Settlement Operations Analyst
✨Tip Number 1
Familiarize yourself with the foreign exchange market and the specific services offered by Monex. Understanding the nuances of FX transactions and cash flows will help you stand out during the interview process.
✨Tip Number 2
Highlight any previous experience you have in customer service or international payments. Be ready to discuss how these experiences can contribute to the efficiency and effectiveness of the operations team at Monex.
✨Tip Number 3
Brush up on your MS Office skills, especially Excel, as data management and reporting are key components of the role. Being proficient in these tools will demonstrate your readiness to handle the responsibilities of the position.
✨Tip Number 4
Emphasize your teamwork abilities and willingness to collaborate. Monex values a familial culture, so showcasing your ability to work well with others will resonate positively with the hiring team.
We think you need these skills to ace Settlement Operations Analyst
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Settlement Operations Analyst position. Understand the key responsibilities and required skills, especially focusing on payments, reconciliations, and customer service experience.
Tailor Your CV: Customize your CV to highlight relevant experience in customer service and international payments. Make sure to include any specific software or systems you are familiar with, such as MS Office and banking portals.
Craft a Strong Cover Letter: Write a cover letter that reflects your enthusiasm for the role and the company. Mention how your skills align with Monex's values and how you can contribute to their operations team.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application shows attention to detail, which is crucial for the Settlement Operations Analyst role.
How to prepare for a job interview at Monex Europe Ltd
✨Understand the FX Landscape
Familiarize yourself with the basics of foreign exchange and how it impacts businesses. Being able to discuss current trends or recent news in the FX market can demonstrate your interest and knowledge in the field.
✨Showcase Your Customer Service Skills
Since previous experience in customer service is advantageous, prepare examples from your past roles where you successfully resolved client issues or improved customer satisfaction. This will highlight your ability to liaise effectively with clients.
✨Be Proficient with Relevant Tools
Brush up on your skills with MS Office, especially Excel, as well as any relevant banking portals or databases mentioned in the job description. Being able to discuss your proficiency with these tools can set you apart from other candidates.
✨Emphasize Teamwork and Collaboration
Monex values teamwork highly, so be ready to share experiences where you worked collaboratively with others to achieve a common goal. Highlighting your ability to work well in a team will resonate with their company culture.