Banking Job - Operations Officer - London - IW
People First
- Central London
- Contract
- Full-time
- £Competitive
- Permanent
- Central London
- Ref: 22463
- Take ownership of processing daily trades and completing each transaction accurately and efficiently
- Recognise and manage operational risks involved with each type of transaction.
- CDD/KYC collating the CDD documents for Financial Institutions (e.g. Nostro, Vostro Bank) and screening new customers using systems;
- Treasury products processing and settlement – mainly (inter-bank) loan/deposit, Foreign Exchange / FX Swap, Bond settlement, Repo / Reverse Repo, Interest & Cross-currency swaps.
- Correspondent banking/GBP clearing – process payments in an accurate and timely manner;
- Provide backup for tasks such as loan administration for syndicated and bilateral loans, trade finance transaction, etc;
- General Account Management – populate the core banking system with new account and/or customer data; process incoming third-party payments and populate the core banking system with remittance data to facilitate the creation of SWIFT payment messages.
- Back-office reporting – manage reports for departmental and management information;
- Additional ad hoc tasks as required by the manager.
- Experience in banking operations, e.g. Payments, Settlement, Trade Finance and Treasury Operations.
- SWIFT handling experience (MT103 / 202) is essential – additional experience preferred, e.g. MT300/ 320/ 541/ 543/700/707/799/ etc.
- Ideally understand and be familiar with UCP600, URDG, ISBP etc.
- Ideally Bachelor’s Degree or equivalent in Economics/Finance/Accounting.