FX Payment Settlements Officer (Bilingual English-Spanish)
Full Time
New York, NY 10169
$70,000 - $90,000 a year
Posted
Job description
Overview:
Qualification and Skills
Physical requirements/Working conditions:
Hiring Salary Range $70,000-$90,000 (Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.) Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan. This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.
#LI-Hybrid
The New York Operations team is a core part of our Global Operation and is responsible for critical aspects of the payment lifecycle, including payment execution, payment investigations, tracking and exceptions handling. The company seeks to hire a Global Payments FX Payments Settlements officer who will integrate an existing team of 4 people and who is perfectly English/Spanish speaking. The role is primarily focused on the generation and authorization of Foreign Exchange trades and related payments, predominantly in Latin American jurisdictions ensuring that all local regulations and sanctions are respected. It requires excellent communication & collaboration skills, problem solving skills and flexibility. You should be comfortable with rapid pace of change in order to address all aspects of investigations and effectively assess and address any scenarios, as and when they arise and proactively streamline and enhance workflows.
Responsibilities:
- To process and conclude all Nostro breaks (e.g. Beneficiary Claims Non-Receipt, Returns etc) as quickly and effectively as possible.
- Generation or approval of messages in SWIFT Alliance in order to correct or re-effect settlement linked to failed items
- To reconcile those payments released by StoneX have been executed by our banks and to resolve cases where execution is pending.
- Close interaction with the business (Front Office, Sales and Middle Office) in order to ensure a seamless and quality service to the client.
- To build and maintain relationships with our correspondent banks in English or Spanish
- Initiating return of funds by capturing manual payments in Swift Alliance Access (SAA)
- To ensure that personal and group email boxes are effectively managed
- Process and manage VIP client and payments.
- To accept and adhere to all written procedures
- Comply with all applicable company, regulatory and internal compliance requirements, including the prevention of Financial Crime and Fraud.
- Ad hoc duties as required
Knowledge and Experience
- Bilingual English/Spanish a required
- 2 to 3 years previous experience within a foreign exchange operations team
- Knowledge of SWIFT standards a plus (MT202,103,199,299,210 and MX)
Qualification and Skills
- Educated to degree level
- Strong Microsoft Skills (Excel, Word, PowerPoint)
- Comfortable using several systems at the same time to perform tasks
- Excellent customer service skills
- Ability to prioritise, organise and multitask
- Attention to details
- Quick learner
- Team Player
- Determined, focused, enthusiastic
- Excellent communication and interpersonal skills
- Ability to work accurately in a pressurised environment within stringent deadlines
Physical requirements/Working conditions:
- Climate controlled office environment
- Minimal physical requirements other than occasional light lifting of boxed materials
- Dynamic, time-sensitive environment
Hiring Salary Range $70,000-$90,000 (Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.) Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan. This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.
#LI-Hybrid
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