Average Settlements Analyst salary in the UK

The Settlements Analyst will play a crucial role in the Banking & Financial Services Department of our Technology & Telecoms company, providing key support and analysis to ensure smooth financial operations. Client Details This is a well-established firm with over 500 employees operating within the Technology & Telecoms industry. Based in London, the company prides itself on delivering superior services to its clients and constantly evolving to meet the ever-changing demands of the market. Description Perform daily reconciliations of financial transactionsAnalyse and settle financial discrepanciesCollaborate with team members to ensure accurate financial reportingProvide support for audit and compliance activitiesContribute to the development of financial policies and proceduresAssist with the preparation of financial statements and reportsWork closely with other departments to ensure the smooth operation of financial processesParticipate in ongoing professional development opportunities Profile A successful 'Settlements Analyst' should have: MUST HAVE 6 months-1 year in financial services-ideally FXSWIFT, Payments, MT103, FX experience essential!Degree in Finance, Economics, or related fieldStrong analytical and problem-solving skillsProficiency in financial software and databasesExcellent communication and teamwork skillsA keen eye for detail and a strong sense of accuracy Job Offer A competitive salary of £35,000 per yearAdditional benefits including a £4k bonus and study supportOn-site amenities including a gym, personal trainer, and barberA vibrant company culture that supports career progression and developmentThe opportunity to work in the heart of London in the Technology & Telecoms industry We encourage all eligible candidates who are excited by the prospect of working in our dynamic team to apply for the Settlements Analyst position. This is an excellent opportunity for growth and development within the Banking & Financial Services industry.

Our client is one of the world’s leading Energy & Commodity Trading businesses with a successful history of growth. Their distinct culture thrives on values, giving them a strong base and passion to succeed as a team. Employees enjoy an environment that allows them to develop their skills, knowledge and experience giving them every opportunity to have successful careers. New ideas and initiatives are encouraged as it is widely believed that inspired individuals can make a difference and help shape the future of the business. This position is responsible for supporting the Lead Settlements Analyst in providing a world-class settlements service to the business. The role will provide an excellent opportunity for a talented and motivated individual to gain exposure across a very wide range of energy products and to work in an ambitious company which is the main trading arm of the world’s largest gas producer. Working within the Settlements Team, within Trading Operations Department ensuring the timely settlement of a variety of products such as Physical Gas, Power, Environmental Products, Green Certificate, Derivative and FX SettlementsWorking closely with Front Office representatives for these products, supporting and initiating improvements to the trading systems and workflow processes within Settlements, Finance and across FO to SettlementsLiaison with various teams within the organisation from Risk Management, Legal, IT, Finance, Treasury and Credit teams to ensure integrity of data within the trading system to accurate reporting within defined timescalesSupporting the trading desk in counterparty relationships and in ensuring quality information flows across the business and taking action to resolve any disputesMaintaining excellent working relationships with counterparties and other teams within the organisationProduction of invoices for the various commodities and products according to the specific contractual terms by generating sales and pro-forma purchase invoices, including detailed backupProvide daily, weekly, and monthly reports and relevant commentary to Management.Constantly review and provide ideas for improving processes across the team to streamline and automate current processes. REQUIREMENTS Ensuring all processes and procedures are constantly reviewed, documented, and updated.A working knowledge of trading systemsFluent in English with excellent written and verbal communicationConcern for accuracy and ability to meet tight deadlinesAttention to detailDiligent and dependableGood organisational and execution skillsAbility to work well in a small but growing teamAble to work as part of a team as well as an individuallyAble to work effectively cross-functionally with all areas of the businessDedication to review and improvement of existing processesCommercially astute with the ability to develop and understand issues.

Our client, a prestigious international bank is seeking an experienced Treasury Analyst to join there friendly and busy team in supporting 5 front office dealers. You will be responsible for providing operational support for our treasury products and interbank market transactions. You will be required to handle and monitor various day-to-day activities related to the treasury operations, including money market transactions, foreign exchange, and treasury settlement. Your role will involve interacting with various internal and external stakeholders to facilitate timely and accurate processing of transactions. Duties include Booking, processing, settlement, reporting and positioning of all products handled by Treasury Settlements, including Securities, Derivatives (IRS / Interest Rate Swaps) and FX / MM transactions. Responsibilities will include; Input of Treasury dealing tickets into inhouse systemsCreation and amendment of paymentsHandle and monitor the processing of money market and foreign exchange transactionsProcess treasury settlement, fund transfer, and payments efficiently and accurately maintain of position keeping records for TreasuryLiaise with internal and external parties to ensure timely execution of treasury transactionsMonitor and manage cash positions and ensure adequate funding for all treasury transactions, rate fixings, coupon and interest payments and receiptsMaintain documentation and records of all treasury transactionsAssist in the development of new processes and procedures to improve the efficiency of treasury operationsConduct regular reconciliations with internal and external stakeholders to ensure accuracy and resolve any discrepanciesKeep abreast of industry developments and regulations and ensure compliance in all treasury operationsOther duties in Operations as directed by the department’s supervisors and managersHybrid working with a 9-5 culture.Excellent overall benefits package which equates to 30% - 35% on top of your base salary (£40,000 - £42,500 Max on offer)