Middle Office Assistant

Middle Office Assistant
Xe, United Kingdom

Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
High School or equivalent
Total Vacancies
1 Job
Posted on
Mar 26, 2021
Last Date
Apr 26, 2021
Location(s)

Job Description

At XE, we live currencies. We provide a comprehensive range of currency services and products, including our Currency Converter, Market Analysis, Currency Data API and quick, easy, secure Money Transfers for individuals and businesses. We leverage technology to deliver these services through our website, mobile apps and over the phone. Last year, we helped nearly 300 million people access information about the currencies that matter to them and over 150,000 people used us to send money overseas. Thousands of businesses relied on us for information about the currency markets, advice on managing their foreign exchange risk or trusted us with their business-critical international payments. At XE, we share the belief that behind every currency exchange, query or transaction is a person or business trying to accomplish something important, so we work together to develop new and better currency services that put our customers first. We are proud to be part of Euronet Worldwide (Nasdaq: EEFT), a global leader in processing secure electronic financial transactions. Under Euronet, we have brought together our key brands XE, HiFX and Currency Online to become the business that XE is today.

The purpose of the Middle Office Assistant role is to minimize the risk of financial losses to the Company by ensuring the broker accounts are reconciled on a daily basis, client contracts are funded as required and deals are closed out where appropriate.

Broker Settlement:

  • Perform end-to-end settlement of third party and internal broker trades on a daily and intra-day basis (Deu, BAML, AIB2B, Ria)
  • Linking of broker receipts and disbursements and investigation and remediation of any unlinked items (broker account reconciliation)
  • Manage reconciliation queries for Ria payments
  • Manage and perform end-to-end BAML extended returns and autoclose processes

Client account management:

  • Monitoring of deal confirmation distribution, following up with dealers to action where relevant
  • Confirmation and set up/amendment of beneficiary details
  • Attaching/linking deals and receipts for disbursements
  • Assist dealer with certain SME queries
  • Netting off option deals and closing out deals as appropriate, including profit calculations and payments where applicable
  • Distribution of Options pre-delivery confirmations
  • Manage Rollover process
  • Approval of unfunded release

Other responsibilities and ad-hoc duties:

  • Support with User Acceptance Testing (UAT) for all new DFX releases and builds;
  • Assist finance/credit with ad-hoc projects as required;
  • Proactively work on enhancing systems, controls and processes;

Ensure timely and professional resolution and escalation of any client disputes (where relevant)

Requirements

  • Significant experience within an international payments amp; settlements role within a banking or FX brokerage environment;
  • Experience of processing FX payments using SWIFT, Wire and ACH with good knowledge of deliverable FX (e.g. Spot, Forwards and SWAPs) preferred;
  • Demonstrate a strong understanding of both front-office and back-office processes;
  • Ability to keep calm under pressure and manage expectations of internal and external customers.
  • A team player who is self-driven but able to work autonomously;
  • Experience within a client facing role supporting corporate and consumer clients;
  • Excellent verbal and written (English) communication skills;
  • Will possess sound planning and organising skills with the ability to organize workload;
  • Ideally degree qualified in finance or related field.

Benefits

  • Competitive salary and bonus
  • 23 days holiday (increasing with service 1 day per annum, capped at 28 days) plus birthday day-off
  • Group pension plan 4% employer contribution
  • Euronet Employee Share Purchase Plan (ESPP)
  • Healthcare Insurance Scheme, Income Protection Scheme, Life Assurance Scheme
  • Critical Illness Cover

Job Specification

Job Rewards and Benefits

Xe

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