Settlement Operations Analyst
Settlement Operations Analyst

Settlement Operations Analyst

Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Facilitate FX transactions, manage payments, and ensure smooth operations.
  • Company: Join Monex, a leading global financial solutions provider with a vibrant culture.
  • Benefits: Competitive salary, dynamic work environment, and opportunities for growth.
  • Why this job: Be part of a team that drives financial innovation and supports global clients.
  • Qualifications: Customer service experience and familiarity with international payments are a plus.
  • Other info: Exciting career path with a focus on teamwork and professional development.

The predicted salary is between 36000 - 60000 Β£ per year.

Monex is a leading global financial solutions provider, offering a complete set of tools to support business growth and strategic financial operations.

We specialise in FX risk management and international payments, helping corporate and institutional clients design tailored FX solutions to navigate currency volatility with confidence. Our team of FX specialists implement well-considered currency strategies, offering dedicated support to help clients manage their payment needs – whether for goods, services, or direct investments.

In 2023, Monex facilitated $309 billion in FX turnover, managed $10.7 billion in assets, and processed 8.5 million transactions. With offices across North America (Canada, the US, and Mexico), Asia (Singapore), and Europe (the UK, Spain, and the Netherlands), we serve over 66,000 clients worldwide.

By combining global reach with deep local market expertise, Monex enhances businesses with a suite of financial solutions and FX market analysis to help optimise efficiency, mitigate currency risk, and protect margins in an increasingly complex financial landscape. Our corporate client experience is further enhanced by our dedicated sector expertise across a range of industries.

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:

  • 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);

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!

Settlement Operations Analyst employer: Monex Europe Ltd.

Monex is an exceptional employer that fosters a dynamic and inclusive work culture, where employees are encouraged to grow and thrive in their careers. Located in London, the company offers competitive benefits, including opportunities for professional development and a supportive environment that values teamwork and innovation. Joining Monex means being part of a leading global financial solutions provider, where your contributions directly impact the success of clients worldwide.
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Contact Detail:

Monex Europe Ltd. Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Settlement Operations Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their services and how they operate in the FX market. This will help you tailor your answers and show that you're genuinely interested in joining the team.

✨Tip Number 3

Practice common interview questions and scenarios related to settlement operations. Think about how your skills can help mitigate financial risks and improve client services. Confidence is key!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Settlement Operations Analyst

Client Liaison
Account Reconciliation
Payment Processing
Cash Management
Error Investigation and Resolution
Compliance Adherence
MS Office Suite
Workday HR Systems
FXDB Database Knowledge
International Payments Experience
Customer Service Skills
Attention to Detail
Analytical Skills

Some tips for your application 🫑

Tailor Your CV: Make sure your CV is tailored to the Settlement Operations Analyst role. Highlight any relevant experience in customer service or international payments, and don’t forget to showcase your skills with MS Office and any other systems mentioned in the job description.

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. Mention specific experiences that relate to the key responsibilities, like liaising with clients or handling payment errors.

Showcase Your Attention to Detail: In a role focused on payments and reconciliations, attention to detail is crucial. Make sure your application is free from typos and errors, and consider including examples of how you've demonstrated this skill in previous roles.

Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensures you’re considered for the role as quickly as possible!

How to prepare for a job interview at Monex Europe Ltd.

✨Know Your FX Basics

Before heading into the interview, brush up on your knowledge of foreign exchange (FX) and international payments. Understand key terms and concepts that are relevant to the role, as this will show your genuine interest in the industry and help you engage in meaningful discussions.

✨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 service delivery. This will demonstrate your ability to liaise effectively with clients, brokers, and banks.

✨Familiarise Yourself with Compliance Processes

The role involves adherence to compliance processes and operational manuals. Make sure you understand the basics of compliance in financial operations. You could even mention any relevant experience you have in this area to highlight your preparedness for the responsibilities.

✨Practice Problem-Solving Scenarios

Be ready to tackle hypothetical scenarios related to payment errors or account reconciliations during the interview. Practising how you would approach these situations can help you articulate your problem-solving skills and show that you can handle the day-to-day challenges of the role.

Settlement Operations Analyst
Monex Europe Ltd.

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