FX Settlements Specialist
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Location: Zurich
Type: Full-time
Vertical: Financial Markets
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Summary
Embark on an exciting journey with us at eClerx Switzerland AG, where you’ll take centre stage initially as a Foreign Exchange Settlements Specialist within eClerx’s growing global delivery organization. Your mission? Oversee the full lifecycle of trade capture, confirmation, settlement and reconciliations for one of our long term, clients here in Switzerland.
Responsibilities
- Accurately create FX transactions, ensuring all data is complete and verified.
- Manage transaction confirmations with counterparties, resolving any discrepancies promptly to avoid settlement failures.
- Communicate effectively with counterparties and internal teams to confirm trade details.
- Facilitate timely and accurate settlements.
- Monitor transactions flows to ensure seamless processing and reconciliation.
- Investigate and resolve settlement discrepancies in a timely manner to minimize financial risk.
- Collaborate with internal teams (e.g. trading, compliance and risk) to ensure smoot operations.
- Partner with external counterparties including brokers, custodians and clearing houses to address settlement issues.
- Maintain robust control, ensuring all settlements adhere to internal and external compliance standards.
- Proactively identify and address potential risks within the transaction lifecycle.
- Prepare and maintain comprehensive documentation for audit and compliance purposes
Eligibility Requirements
- 1+ years experience in trade lifecycle, ideally operating within the operations department of an investment bank, asset manager, wealth manager, broker or custodian.
- Experience of FX operations or settlements is required.
- Strong communication skills, both written and verbal.
- Ability to work methodically, with attention to detail in a fast-moving environment
- Effective prioritization and time management skills.
- Demonstrated client service, high standards and process orientation.
- Ability to multitask and operate independently or as part of a team.
- Ability to build and develop working relationships.
- Languages: fluent spoken and written English. German is an advantage. Other European languages are secondary advantage.
- Ideally, a University degree in business, or equivalent experience.
- Ideally, open to working in other front to back office functions.
- Advanced Microsoft Office (e.g. Excel, Word, and Outlook).
- Valid CH work permit or an EU national
About eClerx
eClerx is a leading provider of productized services, bringing together people, technology and domain expertise to amplify business results.
The firm provides business process management, automation, and analytics services to a number of Fortune 2000 enterprises, including some of the world’s leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology companies. Incorporated in 2000, eClerx is traded on both the Bombay and National Stock Exchanges of India. The firm employs more than 19,000 people across Australia, Canada, France, Germany, Switzerland, Eqypt. India, Italy, Netherlands, Peru, Philippines, Singapore, Thailand, the UK, and the USA.