FX Processing - AVP

FX Processing - Assistant Vice President (AVP)

Are you ready to take your career to the next level in the dynamic world of foreign exchange transactions? Our client, a leading global investment bank based in London, is seeking a talented and enthusiastic Assistant Vice President (AVP) for a temporary contract. Join us in providing exceptional FX processing services and contribute to the success of our Derivative Operations team.

Contract Details:

• Contract Type: Temporary
• Contract Length: 12 months
• Daily Rate: £250

Purpose of the Role:As the AVP of FX Processing, you will be at the forefront of ensuring seamless processing of FX transactions. Your role will involve:

• Day-to-day processing of FX transactions within the Derivative Operations team.
• Timely trade processing from Front Office trade capture systems to accounting and payment systems.
• Managing confirmation and affirmation processes for day-to-day operations.
• Collaborating with EMEA offices to deliver top-notch outsourced services.

Key Responsibilities:

• Ensure all payments are entered promptly to meet respective deadlines.
• Accurately process all accounting entries (DDA and General Ledger).
• Verify trades against external sources before processing.
• Proactively monitor and resolve reconciliation breaks on Nostros.
• Maintain relationships with Front Office teams to ensure quality service delivery.
• Continuously improve processes while adhering to control measures.

What We're Looking For:We want individuals who are:

• Knowledgeable about FX settlements and confirmation matching processes.
• Familiar with CLS settlements and the importance of timely confirmations.
• Well-versed in MX and MT payment formatting requirements.
• Experienced with underlying documentation such as ISDA, DRV, and FBF.

Ideal Candidate:

• You thrive in a fast-paced environment and can adapt to changes in the regulatory landscape.
• You possess excellent communication skills and can prioritise day-to-day responsibilities effectively.
• You are committed to challenging the status quo and enhancing customer experience while maintaining control.

Join Our Vibrant Team.This is a fantastic opportunity for individuals eager to make a significant impact in the banking sector. If you are ready to embrace a new challenge and contribute to our client's mission, we want to hear from you.

How to Apply:If you are excited about this opportunity and meet the qualifications outlined above, please submit your CV and a brief cover letter highlighting your relevant experience.

Don't miss out on this chance to elevate your career in FX processing. Apply today and be part of our client's success story.