Reconciliations & Settlements Analyst
Reconciliations & Settlements Analyst

Reconciliations & Settlements Analyst

Coventry Full-Time 36000 - 60000 £ / year (est.) No home office possible
Moneycorp

At a Glance

  • Tasks: Ensure FX transactions are confirmed, settled, and reconciled daily.
  • Company: Join Moneycorp, a global payments leader with 45 years of experience.
  • Benefits: Enjoy a competitive salary, bonus, 25 days holiday, and private health insurance.
  • Why this job: Be part of a dynamic team making a real impact in international payments.
  • Qualifications: Interest in FX processing and prior banking or reconciliation experience required.
  • Other info: Embrace a culture of inclusivity and grow your career in a supportive environment.

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

Welcome to Moneycorp We’re delighted you’re interested in being a part of Moneycorp.

In the last decade, Moneycorp has transformed from a largely domestic, consumer-focused provider of foreign exchange to an end-to-end global payments ecosystem.

Our 45 years of experience have given us an institutional pedigree, and our vision of eliminating friction in FX risk management and international payments continues to drive our innovations.

We’re fervent about pursuing our goals, making substantial contributions to the payments industry, and consistently offering unwavering support to our clients at every stage of their journey.

Moneycorp is a place where energy, commitment to our shared success and collaboration are core to our DNA. We’re restless in our drive to surpass the expectations of our clients and unlock opportunities to help them navigate the ever-evolving global economy.

The foundation of our success is our people, and nurturing a culture of belonging for all of our colleagues is central to our journey as a global business.

Find out more about Moneycorp’s offering, global footprint and capabilities here: About Us | moneycorp

Who You Are / Your Next Challenge

We have an exciting opportunity for a Reconciliations and Settlements Analyst, to join our Payments Operations – Reconciliations and Settlements team at Moneycorp on a full-time / permanent contract, based in our Coventry Office, West Midlands. Reporting directly to the Payment Operations Managers, this role is within the Reconciliations and Settlements team and the purpose is to lead a team to ensure:

  • All FX transactions are confirmed, settled and reconciled daily.
  • All bank accounts, transactions and systems are reconciled daily.
  • Compliance with client money obligations including Safeguarding, CAR, CASS.
  • Cash settlements result in funds in the correct bank accounts at the correct times to ensure all payments are released, minimise cost to business and maximise revenue.

The tasks will be split up by 3 main work streams – FX settlements, Cash Settlements and Reconciliations. You will have exposure to a variety of stakeholders across the business including members from the Sales, Dealing, Finance and Group, Risk and Compliance teams and the role will provide the opportunity to learn about all areas of payments within a global FinTech payments business.

We are keen to meet applicants who have an interest in learning FX, settlements and/or reconciliations or have previous operational experience with banking and reconciliation activities, have sharp attention to detail and takes pride in ensuring processes and procedure are followed consistently at a high standard.

What we’re looking for / Skills that will help you in the role

  • High interest in moving into a role processing FX, settlements and reconciliations activities.
  • Previous experience with day to day banking and reconciliation activities such as client money reconciliations, cash management, settlement of FX trades.
  • Prior experience with SWIFT Payments.
  • Some knowledge and understanding of the banking sector specifically around payments and FX products.
  • Knowledge and understanding of AML and Compliance requirements including safeguarding i.e. CAR / CASS requirements.
  • Proficient at establishing credibility quickly and building relationships with a range of stakeholders.
  • Ability to communicate effectively (both oral and written), stay calm and work well under pressure to meet competing deadlines.
  • Solution-focused approach and the ability to make objective/evidence based decisions and influence recommendations and decisions using insights.
  • Consultative style with the ability to breakdown complex information to suit target audience.
  • Resilient to change, adapting to and supporting new situations with confidence.
  • Excellent analytical skills, with ability to think independently and draw conclusions.

This is a fantastic opportunity for someone to take on a key role within the Payments Operations function, who is keen to get involved in multiple projects within an established growing international organisation, and provides amazing scope for both strategic and operational self‑development.

Please note: This is a full-time, permanent position. The job is office-based in Coventry, England, as part of the Reconciliations and Settlements team.

What you get in return

This role offers a competitive salary with a bonus, plus a comprehensive benefits package including 25 days holiday plus a day off for your birthday, pension, BUPA private medical health insurance and more.

Interested

If the role sounds like you, we invite you to upload a copy of your CV and can do this by clicking on the Apply Now button.

Start Date: ASAP

Fostering a culture of belonging and inclusivity

We’re committed to creating a workplace where every individual feels valued, respected, and included. As an Equal Opportunity Employer, we actively cultivate an inclusive culture where diversity thrives, and we empower our colleagues to drive meaningful change within our organisation through initiatives like our DE&I focus groups and value champion network.

Like many of our peers, we recognise that fostering inclusivity is an ongoing journey, and we remain steadfast in our commitment to progress. By measuring our efforts through regular assessments and listening to the feedback of our employees, we strive to ensure that our initiatives are impactful and responsive to the evolving needs of our workforce.

Together, we want to build a workplace where everyone can bring their authentic selves to work, as we believe this is the foundation of innovation, creativity, and collective success.

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Reconciliations & Settlements Analyst employer: Moneycorp

At Moneycorp, we pride ourselves on being an excellent employer, offering a dynamic work environment in our Coventry office where collaboration and inclusivity are at the heart of our culture. As a Reconciliations & Settlements Analyst, you will benefit from a competitive salary, comprehensive benefits including private medical insurance, and ample opportunities for professional growth within a global payments leader committed to innovation and employee well-being.
Moneycorp

Contact Detail:

Moneycorp Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reconciliations & Settlements Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Moneycorp. A friendly chat can sometimes lead to opportunities that aren’t even advertised.

✨Tip Number 2

Prepare for the interview by brushing up on your knowledge of FX transactions and reconciliations. We want you to show off your skills and understanding of the banking sector!

✨Tip Number 3

Practice your communication skills. You’ll need to explain complex information clearly, so try role-playing with a friend or family member to get comfortable.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team.

We think you need these skills to ace Reconciliations & Settlements Analyst

FX Transaction Processing
Bank Reconciliation
Client Money Reconciliations
Cash Management
Settlement of FX Trades
SWIFT Payments
Understanding of Banking Sector
Knowledge of AML and Compliance Requirements
Stakeholder Relationship Building
Effective Communication
Resilience Under Pressure
Objective Decision Making
Analytical Skills
Adaptability to Change

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Reconciliations & Settlements Analyst role. Highlight your experience with FX transactions, reconciliations, and any relevant banking knowledge. We want to see how your skills match what we're looking for!

Showcase Your Skills: Don’t just list your responsibilities; showcase your achievements! Use specific examples that demonstrate your analytical skills and ability to meet deadlines. This helps us see how you can contribute to our team.

Keep It Clear and Concise: When writing your application, keep it clear and concise. Avoid jargon unless it's relevant to the role. We appreciate straightforward communication that gets to the point—just like we do in our operations!

Apply Through Our Website: Remember to apply through our website by clicking the Apply Now button. This ensures your application goes directly to us, making it easier for you and us to connect!

How to prepare for a job interview at Moneycorp

✨Know Your FX Basics

Before the interview, brush up on your knowledge of foreign exchange (FX) transactions and settlements. Understand the key terms and processes involved, as this will show your genuine interest in the role and help you answer technical questions confidently.

✨Showcase Your Analytical Skills

Be prepared to discuss specific examples where you've used your analytical skills in past roles. Think about times when you reconciled accounts or solved complex problems under pressure. This will demonstrate your ability to think independently and make evidence-based decisions.

✨Understand Compliance Requirements

Familiarise yourself with AML and compliance requirements, especially those related to safeguarding (CAR/CASS). Being able to articulate your understanding of these regulations will highlight your readiness for the role and your commitment to maintaining compliance.

✨Build Rapport with Stakeholders

During the interview, emphasise your ability to build relationships with various stakeholders. Share examples of how you've effectively communicated complex information to diverse audiences, as this is crucial for collaborating with teams across the organisation.

Reconciliations & Settlements Analyst
Moneycorp
Location: Coventry

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