UK Settlements Team Lead
Finseta offers impactful work, professional development, a dynamic environment, social responsibility, a collaborative culture & attractive benefits, making it an excellent place to grow your career
About Us:
Finseta is an AIM listed global foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals. We are a fast-growing multi-faceted business with a suite of alternative banking products and have built and developed our own in-house technology to facilitate this. We have a proven track record of delivering excellent services to our clients and have big growth aspirations to become the go-to digital account for businesses trading internationally.
Location of the role:
London
Responsibilities:
Team leadership & oversight
Manage and provide day-to-day leadership for the UK Settlements team
Act as the first point of escalation for UK team members, supporting their development and ensuring workload is prioritised effectively.
Oversee daily settlement activities to ensure accuracy, timeliness, and adherence to controls.
Provide cover and support for colleagues in Dubai and Canada, ensuring global consistency of processes.
Support the Head of Settlement in aligning practices across regions and implementing global standard operating procedures.
Operational responsibilities
Responsible for ensuring net settlement figures correlate to expected calculations, highlighting any discrepancies with liquidity providers.
Oversee analysis of outstanding trade positions and ensure anomalies are identified and resolved before net settlement.
Ensure sufficient liquidity is maintained across accounts to meet trade, payment, and safeguarding requirements.
Approve and oversee liquidity movements between settlement and safeguard accounts.
Review and release onward payments, ensuring adherence to approval and compliance controls.
Monitor margin calls, exposure levels, and ensure timely escalation of risks.
Ensure reconciliations of client funds, counterparty requirements, and safeguarded accounts are performed accurately, with appropriate explanations for variances.
Highlight inconsistencies and escalate material discrepancies to the Head of Settlement in a timely manner.
Process improvement & governance
Assist the Head of Settlement with defining new processes and driving adoption into BAU.
Identify optimisation opportunities in existing processes, working with cross-functional teams to deliver remediation plans.
Document and maintain global standard operating procedures (SOPs).
Contribute to ongoing monitoring of operational risks and implementation of controls.
Cross-team collaboration
Act as a key contact point for Account Managers, Compliance, and external banking partners to resolve various areas challenges.
Share knowledge, best practices, and support training of team members globally.
Requirements:
Excellent communication skills — able to explain complex issues simply, build rapport across teams, and confidently engage with stakeholders.
Demonstrated ability to take initiative, escalate appropriately, and act as a reliable point of accountability.
Proven ability to manage and prioritise workloads for self and others.
Strong technical background in settlements, reconciliations, and financial operations.
Advanced Excel proficiency with excellent numerical, analytical, and problem-solving skills.
Strong attention to detail and time management
Experience mentoring, training, or managing team members preferred
FX and Settlements experience desired
Motivated, organised, and confident stepping into a leadership role within a fast-growing business.
- Department
- Settlements
- Locations
- London HQ
- Remote status
- Hybrid
About Finseta
We are a financial technology company specialising in international payments and multi-currency accounts. We offer a range of services to businesses and individuals, primarily focused on facilitating multi-currency transactions across the globe.
We are regulated and have offices in the U.K, UAE and Canada.
We offer International Payments and Currency Exchange, Multicurrency Accounts, Bespoke Solutions, Corporate Cards. All backed by a high level of personalised service.
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