payment associate, fxmm (6 months contract).

about the company.

Seeking a Payment Associate for a global financial institution. Handle FXMM & derivatives settlements across multiple regions in a dynamic environment.

• Manage and oversee payment flows related to Exchange, Treasury, and Derivatives transactions, ensuring smooth execution.
• Handle settlements across multiple international locations, coordinating with internal and external stakeholders.
• Monitor and ensure timely processing of payments, adhering to strict deadlines and compliance requirements.
• Investigate and resolve discrepancies in collaboration with relevant departments, including Front Office, Middle Office, and IT.
• Maintain accurate audit records to support internal controls and regulatory compliance.
• Process and validate payment messages through SWIFT Alliance (e.g., MT202, MT202COV, MT103, and third-party payments).
• Identify and mitigate operational risks to safeguard transaction integrity.
• Manage compensation claims and settlement investigations, ensuring accurate resolution.
• Support CLS settlement processes for both direct members and third parties, including I/O swap transactions.
• Contribute to the development and refinement of operational procedures to enhance efficiency and compliance.

• Support the team in executing global initiatives and cross-functional projects.
• Assist with system enhancements, including user acceptance testing (UAT).
• Contribute to the development and revision of operational procedures.
• Identify and escalate operational risks to management as needed.
• Experience with financial platforms such as Calypso, Summit, Kondor, Omega, PayPlus, and SWIFT Alliance.
• Familiarity with industry tools like CityNet, CLS GUI, CFETS, and OASIS.
• Bachelor’s degree in finance, economics, or a related field.
• 5–7 years of experience in FX, MM, and derivatives processing.
• Strong understanding of CLS processes and settlement risk.
• Ability to multitask and work under pressure with high accuracy.
• Self-motivated and capable of working independently or within a team.
• Strong analytical, organizational, and communication skills.