Treasury Settlements

Permanent Harrow 27,500

A leading financial services organisation is seeking an experienced Senior Associate to join its Treasury Settlements Department. This is an excellent opportunity for a detail-driven, organised, and proactive individual to support critical back-office Treasury operations, ensuring accurate and timely settlement of daily FX, Money Market, and investment activities.

The Senior Associate will play a key role in supporting Treasury and Settlement operations, ensuring full compliance with internal controls and regulatory guidelines. You will manage daily settlement workflows, support oversight of investment and FX activities, and contribute to a high-performing operations function.

This is a fantastic opportunity for candidates with strong Treasury operations, settlement, or banking back-office experience who are ready to step into a responsible, fast-paced environment.

• Support day-to-day Treasury and Investment operational activities, including FX/MM settlements, Nostro account position-keeping, and investment portfolio processing.

• Provide training, support, and knowledge sharing to junior team members, ensuring consistent performance and departmental coverage.

• Maintain strong controls through proactive monitoring, ongoing training, and risk assessment activities.

• Support staff performance processes, including reporting, appraisal input, and performance documentation.

• Oversee the verification of system rates (Finacle/Core) and monitor currency positions across multiple Nostro accounts.

• Review FX and Money Market deals, investigate discrepancies, and ensure timely resolution.

• Execute back-office investment processes, including buy/sell transactions, coupon payments, and settlement activities.

• Process and validate bilateral and corporate borrowing details, including interest or coupon payments.

• Oversee daily payments, SWIFT releases, and query resolution.

• Verify key treasury and investment reports before submission, including valuation reports, derivatives reports, MIFID reports, and Schedule 8.

• Liaise directly with internal and external auditors and respond to audit queries.

• Escalate operational issues and obtain necessary approvals for brokerage or other settlement-related payments.

• Maintain accurate records and support the preparation of audit documentation.

• Strong experience within banking operations, Treasury settlements, or back-office functions

• Excellent organisational and planning skills

• Supervisory or people-management capability

• Strong analytical and critical thinking ability

• Effective problem-solving skills

• Excellent written and verbal communication skills

• High attention to detail and accuracy

• Ability to identify process gaps and contribute to operational improvements

• Strong relationship-building skills with both internal and external stakeholders

You will work closely with:

• Front Office

• Middle Office

• Accounts

• International operational hubs

• External counterparties and custodians

• Internal audit and compliance teams

Reports into: Assistant/Deputy Manager - Treasury Settlements