At a Glance
- Tasks: Lead the Settlements team and ensure smooth daily processing of FX activities.
- Company: Fast-growing FX and international payments business with impressive growth.
- Benefits: Competitive salary, dynamic work environment, and opportunity for professional development.
- Other info: 12-month maternity cover with potential for future opportunities.
- Why this job: Play a key role in operational excellence and support exciting growth.
- Qualifications: Experience in settlements and strong leadership skills required.
The predicted salary is between 60000 - 75000 € per year.
We are working with a fast‑growing FX and international payments business, supporting UK and international corporate clients with currency exchange and global payments. Founded by two co‑owners, the business has achieved impressive growth in a short space of time and is now planning ahead for its next phase of scale. To continue to support this growth, they are looking to hire a Head of Settlements for a 12 month maternity cover to support increasing client volumes and transaction activity.
As Head of Settlements, you’ll oversee the full settlements function, ensuring operational excellence, regulatory compliance, and smooth daily processing across all FX activity. You’ll manage and mentor the team, drive process improvements, and act as a key point of contact for internal stakeholders, banking partners, and counterparties. You’ll report directly to the Chief Financial Officer and play a crucial role in maintaining the integrity and efficiency of our operational engine.
In particular, you will:
- Lead and manage the Settlements team, ensuring tasks are delegated effectively and morale remains high.
- Oversee daily operational workflows, ensuring compliance with internal policies and regulatory requirements.
- Execute FX trades across BARX, Macquarie and Crown platforms.
- Perform daily safeguarding reconciliations, escalating discrepancies to the CCO.
- Monitor client monies, liaising with stakeholders.
Head of Settlements (12 month FTC) in London employer: Vero HR Ltd
As a fast-growing FX and international payments business, we pride ourselves on fostering a dynamic work culture that values innovation and collaboration. Our employees benefit from a supportive environment that encourages professional growth, with opportunities to lead and mentor within their teams. Located in a vibrant area, we offer competitive remuneration and the chance to be part of an exciting journey as we scale our operations to meet increasing client demands.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Settlements (12 month FTC) in London
✨Tip Number 1
Network like a pro! Reach out to people in the FX and payments industry on LinkedIn. A friendly message can go a long way, and you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of settlements and compliance. We recommend creating a list of common interview questions and practising your answers. Confidence is key!
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you've managed teams and improved processes in the past. Use specific examples to demonstrate your impact and how you can bring that to the Head of Settlements role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Head of Settlements (12 month FTC) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Settlements role. Highlight your experience in FX and international payments, and don’t forget to showcase any leadership roles you've had. We want to see how you can bring operational excellence to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Talk about your experience with regulatory compliance and process improvements, and how you can help us scale our operations effectively.
Showcase Your Team Management Skills:Since you'll be leading the Settlements team, it's crucial to highlight your management style. Share examples of how you've motivated teams in the past and how you plan to keep morale high while ensuring tasks are delegated effectively.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Vero HR Ltd
✨Know Your Settlements Inside Out
Make sure you brush up on your knowledge of settlements, especially in the FX and international payments space. Understand the key processes, regulatory requirements, and the platforms mentioned in the job description like BARX, Macquarie, and Crown. This will show that you're not just familiar with the role but genuinely interested in how it operates.
✨Showcase Your Leadership Skills
As a Head of Settlements, you'll be managing a team, so it's crucial to demonstrate your leadership style. Prepare examples of how you've successfully led teams in the past, focusing on how you motivated them and improved processes. This will help the interviewers envision you as a strong leader who can maintain high morale and efficiency.
✨Prepare for Scenario-Based Questions
Expect questions that put you in hypothetical situations related to settlements and compliance. Think about how you would handle discrepancies in reconciliations or manage a sudden increase in transaction volume. Practising these scenarios will help you articulate your thought process and decision-making skills during the interview.
✨Engage with Stakeholder Management
Since you'll be a key point of contact for various stakeholders, prepare to discuss your experience in stakeholder management. Highlight how you've effectively communicated with internal teams, banking partners, and counterparties in previous roles. This will demonstrate your ability to build relationships and ensure smooth operations across the board.
