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Clearing & Settlement Administrator

MW Recruitment Limited - maidstone, south east england

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Job Description

Our client is a leading international bank seeking a Clearing Settlement Administrator to join their London office.This role supports the effective settlement of treasury and loan transactions, payment processing, reconciliations, and query resolution. The successful candidate will play a key role in clearing operations and liaise regularly with internal teams, agent banks, and the Head Office.Key Responsibilities:* Process payment instructions from internal and external clients using SCMS and FOVA* Apply knowledge of CHAPS, Faster Payments, SWIFT MT and ISO20022 XML formats* Investigate and respond to payment queries promptly and accurately* Monitor outstanding payments and follow up with compliance and agent banks* Open and close Vostro accounts in the system* Maintain static data and update records* Prepare daily Nostro positions and report to Funds Position Keeper* Assist in system upgrades and operational improvements* Generate monthly, quarterly, and ad-hoc reports for stakeholders* Input accounting entries including fees, charges, and interestSkills & Experience Required:* Strong Microsoft Office skills* High attention to detail and accuracy in reporting* Effective communication across departments* Ability to prioritise tasks in a fast-paced environment* Team-oriented with a proactive attitude* Mandarin language skills desirable but not essential* Experience in an international banking environment preferredThis is an excellent opportunity for an organised and motivated individual looking to further their operations career within a global banking institution. In return you can expect a competitive salary with excellent benefits and discretionary bonus. Please note this role is office based Monday to Friday

Created: 2025-08-01

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