Settlements Administrator

Privalgo provides international payments and FX solutions to a wide range of corporates and high net worth individuals.

We specialise in FX optimisation and risk management, mass international payments and treasury solutions; helping our clients forecast more effectively, as well as managing risk and cashflow in complex circumstances.

Our technology allows secure payments in over 100 currencies all over the world, and our team of experts provides decades of experience and in-depth market knowledge. Through this marriage of innovative technology with personal relationships, we strive to create the ultimate client experience.

As a Settlements Administrator at Privalgo, you will play a crucial role in ensuring the seamless execution of financial transactions and maintaining the integrity of our settlements process.

With the ability to multi-task, you will be instrumental in managing daily reconciliations, authorising payments, and handling client and counter party interactions.

Your attention to detail and commitment to accuracy will ensure the smooth operation of our financial settlements, while your proactive approach to problem-solving will help resolve queries efficiently.

You will also be instrumental in upholding compliance with AML regulations and internal policies, contributing to the overall effectiveness and reliability of our Settlements department.

You’ll be a committed team player, always ready to roll your sleeves up and get stuck in to meet deliverables with speed and efficiency.

Lastly, we want you to get to know the three pillars of our culture: ambition, accountability, and impact - to live and breathe it, and to help shape and define them as we grow.

• Ownership of daily bank reconciliations and matching incoming funds. Including reconciliation of forward positions and margin positions.
• Responsible for checking payment batches. Responsible for preparing internal safeguarding report for sign off.

• Ensure smooth and timely daily settlements for our clients and counter parties.
• Booking of FX transactions with counter parties.
• Complying with AML regulations and internal policies and procedures.

• Liaising with banks, counter parties and clients where necessary.
• Efficiently dealing with client and payment queries, with a solutions-based approach.
• Manage and increasing efficiencies of incoming funds.
• Build and maintain strong relationships with banks and counter parties.
• Ownership of investigations and cross departmental collaboration to resolve any accounting mismatches.

• 1-3 years’ experience within a settlements or payments role.
• Experience in the foreign exchange industry preferred.
• Technical ability across several platforms and applications (MS Office, MS tech stack, bank/broker platforms and including all internal platforms.
• Excellent numerical and analytical skills. A problem solver who presents effective solutions through informed decisions.
• Customer service oriented. Experience working with external clients.

• A collaborative team player, confident working cross-functionally.
• Ability to prioritise tasks and organise your workload against deadlines. The pace at Privalgo is fast!
• Detail orientated. Consistently applies accuracy and attention to detail to any task at hand.
• Excellent communicator with a professional demeanour, both written and verbally.
• Personable with a natural ability build rapport and establish relationships.
• Be curious, we are forward-thinking company and want you to grow with us!
• Embraces Privalgo’s culture, displaying ambition, staying accountable and making an impact!
• Lastly, we want you to be your authentic self and have fun along the way.

As a business, we aim to be in the office together three times a week. It’s great for us to be united, bond and have fun whilst we work hard and show what we’re made of. Working hours will be 8:00am – 17:00pm

We trust you to manage your week and stay responsible for your deliverables and direct reports no matter where you (or they) are.