Finance Operations Settlement Administrator
Morgan McKinley is currently partnering with a major Irish retail bank to hire for a Finance Operations Settlement Administrator in their St. Stephen's Green location.
This is initially a 11-month contract through Morgan McKinley.
Your Role:
The settlements function in Finance Operations acts as the back office for PTSB treasury and Corporate Deposits. Reporting to a Finance Operations Manager, the purpose of this role is to ensure support of the front office activities such as confirmations, settlements, custody administration, collateral and margin administration, client AML, as well as liaising with the Wholesale Payments team. This role requires all settlements to be prepared and processed accurately and efficiently ensuring that all deadlines are met.
Your Team:
The Finance Operations comprises three departments: Settlements & Wholesale Payments, Accounts Payable and Retail Payments. Settlements & Wholesale Payments is primarily responsible for the verification, authorisation and payment and settlement of all Treasury transactions from wholesale to corporate customer payments. These activities span a variety of systems and processes.
Your Responsibilities:
- Repo confirmation and settlement
- Swap settlement and confirmations ( Interest and cross currency)
- Bond settlement and confirmations
- Contribute to reconciliation of all Treasury bank accounts
- Assist in the PTSB and its subsidiaries Debt issuance programmes
- Provide back office services to the corporate deposit dealers
- Administer the AML and customer due diligence for Corporate Deposit clients
- Assist in internal and external audits
- Identify process and control gaps and improve efficiency where possible
- Assisting in periodic system upgrades of a number of our main Treasury systems including Optics, Corporate Deposits and Matching 6
- Adhere to all relevant security and information policies related to the role. Complete all mandatory training requirements in a timely manner
Requirements:
Essential
- Broad knowledge of Treasury products, services and operating systems
- Experience in Financial services in an operations role
- An awareness of Operational Excellence and process improvement
- Ideally, candidate will have knowledge of SWIFT, Corporate Deposits, OPICS, Custodian account administration
- Good understanding of banking transactions and payment processing
Desired
- Self-starter, highly motivated with the ability to work on own initiative
