At a Glance
- Tasks: Support banking operations by processing and settling transactions accurately and efficiently.
- Company: International bank with a strong presence in European financial markets.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Collaborative team culture with a focus on compliance and operational excellence.
- Why this job: Join a leading bank and make an impact in the fast-paced world of finance.
- Qualifications: 3+ years in back-office operations and knowledge of financial products required.
The predicted salary is between 45000 - 55000 £ per year.
An international bank with a strong presence in the European financial markets is seeking an
Assistant Manager – Operations to support its Front Office and wider Operations team.
This role is responsible for ensuring the accurate and timely processing, verification, and settlement of a range of banking transactions while maintaining high standards of operational control and regulatory compliance.
Key Responsibilities
- Support the Head of Operations with the day-to-day management of banking operations.
- Process, verify and settle transactions across products including Foreign Exchange (FX), Money Markets, Corporate Loans, Securities and Derivatives.
- Prepare and reconcile trade confirmations, fixing notices and settlement instructions.
- Maintain accurate transaction records and documentation across core banking and settlement systems.
- Monitor securities settlements, corporate actions and inbound funds, following up on outstanding items with clients and counterparties.
- Liaise with Front Office teams, clients and settlement agents to resolve operational queries efficiently.
- Ensure compliance with FCA/PRA regulations, internal controls and operational procedures.
- Provide operational support and cover for colleagues where required.
Skills & Experience
- Minimum
3 years’ experience in back‑office operations within a financial institution.
- Experience in trade processing, settlements and transaction lifecycle management.
- Knowledge of financial products including FX, Money Markets, Corporate Loans, Securities and/or Derivatives.
- Strong analytical, organisational and time‑management skills with excellent attention to detail.
- For further information, please contact Natalie Antat
- #J-18808-Ljbffr
Assistant Manager – Banking Operations (London) employer: Saxton Leigh
Join a leading international bank in London, where you will thrive in a dynamic work culture that prioritises employee development and operational excellence. With a commitment to regulatory compliance and high standards, this role offers you the chance to enhance your skills in banking operations while enjoying competitive benefits and opportunities for career advancement in one of Europe's financial hubs.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Manager – Banking Operations (London)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Saxton Leigh. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Assistant Manager – Banking Operations (London)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Saxton Leigh.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Saxton Leigh's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Saxton Leigh
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Saxton Leigh.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Saxton Leigh will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Saxton Leigh employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.