Trade management, pre-matching, processing and settlement of FOREX Transactions

Products covered – Spot /Forwards / Swaps / NDF and NDO / FX Options

Procedural & Control Compliance with review and update of existing procedures.
Increase levels of automated trade & cash uploads to eliminate manual input.

Perform the CLS, “Continuous Linked Settlement” role.
Provide first hand detailed training on CLS to other staff.
Provide cover for Payment Netting role.
Provide cover for Confirmation matching role including long form confirmations.
Provide cover for the Vanilla Option Confirmation / Payment process.
Learn and perform the daily Funding role.
Ensure full support to all trading areas.
Learn and perform the Payment checking role.
Work alongside the FOREX Supervisor and provide cover in his absence.
Learn and perform the daily Transaction Reconciliation role.

Essential Skills & Experience:

Extensive knowledge of working in a banking environment to include Full FOREX Trade Lifecycle. Proficient in SWIFT, Payment and Funding processes.
Requirement to work closely with Counterparts, Customers & Correspondents.
Requirement to work with the company’s in house system for settlements.

Requirement as a minimum to be proficient in the following:-  

KONDOR+ GMI, TRAM, MS WORD, MS EXCEL, MS POWERPOINT , MS ACCESS , LOTUS NOTES CRYSTAL REPORTS

FOREX Project Management