Settlement Operations Analyst | London
We are Monex, a specialist in commercial foreign exchange. We offer a range of FX services aimed at corporate and institutional clients to manage foreign exchange exposure and international payments. Our team of experts provides personalized and proactive service, helping clients execute thoughtful FX strategies tailored to their specific business needs.
As part of the Monex SAB de CV financial group, we support over 70,200 clients worldwide, offering local expertise in various regions including the UK, Luxembourg, Canada, and Singapore. Our goal is to empower clients to make better-informed business decisions in a fast-moving and volatile market.
Department Overview
The Operations department perform efficient day-to-day administrative and operational functions of a business. They implement processes, ensure helpful services for customers, and perform the primary tasks of the organization.
Job Overview
Operations carries out the designated day-to-day tasks to ensure the business operates efficiently and effectively. Focusing on Payments and Reconciliations, the role ensures the company mitigates financial risk and provides a valued service to its clients.
Key Responsibilities & Accountabilities
Monex Europe’s Settlement Operations
- Liaise with Clients, Brokers and Banks to facilitate settlement of FX transactions and cash flows
- Account reconciliation and remediation
- Inward/Outward payment entry
- Payment error investigation and resolution
- Cash management of our nostro accounts
- Undertaking Safeguarding and CASS daily requirements
- Preparation of monthly account financial reconciliation reports
- Adherence to compliance processes and operational manuals
- Ad-hoc duties as required
Business Knowledge / Technical Skills:
- Previous experience in customer service advantageous;
- Previous experience with international payments advantageous;
Systems / Knowledge Skills:
- MS Office; Outlook, Word, Excel, PowerPoint;
- HR Systems – Workday;
- Databases – FXDB (In House);
- Client Portals – Monex Pay;
- Banking Portals – Barclays.net etc.
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
Top Skills
What We Do
Monex Europe is a specialist in commercial foreign exchange. We offer a range of FX services aimed at corporate and institutional clients to manage foreign exchange exposure and international payments.
We work with our clients to execute considered FX strategies. Combining a personal and proactive service, our currency specialists will help you choose the right option for your specific business needs.
Monex Europe Limited is part of the wider financial services group, Monex S.A.P.I. de C.V. (“Monex”), a global investment-grade financial services institution. The group services more than 66,000 clients worldwide. Monex’s team of experienced and professional FX specialists provide local support to corporate and institutional clients in each region of the world.
Headquartered in London (UK) Monex Europe Limited is an independent subsidiary of Monex Europe Holdings Limited. Monex Europe Holdings Limited operates various subsidiaries in the FX industry, comprising of Monex Europe Limited, Monex Europe Markets Limited, Monex Europe S.A., Monex Canada Inc., MonFX Pte Ltd.; with offices in the UK, Spain, the Netherlands, Luxembourg, Toronto and Singapore.
Our focus is on helping our clients make better informed trading decisions and stay on top of fast moving, volatile markets. Our FX analysts provide clients with daily FX updates, regular macroeconomic reports and in-depth actionable insights for G10 and Emerging Markets.
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