Overview:

The role will involve the confirmation and settlement of all Interest Rate Swap products and have constant client / documentation and trader interaction.

Job Description:

This position entails communicating with clients ? both internal and external ? on all aspects of the settlement of derivative product transactions e.g. MTM, FRA?s, OIS trades, Vanilla IRS, and SWAPTIONS. Agreeing all cashflows with clients by phone and/or fax using source system information and resolving any differences that arise. Preparing daily cashflows for funding and release to the correspondent bank network in accordance with banking deadlines. Ensuring integrity of information in source systems (both transaction and counterparty information). Timely resolution of all non-receipts/unadvised funds with clients. Advising clients of rate resets, amounts and new period on transaction rollover. Liaising with Dublin Control Group and London Finance on reconciliation items.

The Person:

Seeking a Settlements Specialist with Client Service skills. Highly effective communication skills essential, with a good understanding of multi-currency banking. A knowledge of derivatives preferable, language skills would be useful.