Clearing Settlement Administrator - MW recruitment : Job Details

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 interest

Skills & 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 preferred

This 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.