Foreign Exchange Settlement Associate -AFSL

While we appreciate all applicants, only applications received via Sagicor's career portal https://career4.successfactors.com/career?company=sagicorfinP2 will be considered.

"Looking for a diverse and rewarding career? If you're looking to grow your career within a stable and growing financial services company, then Sagicor may be right for you!"

Alliance Financial Services Limited a member of the Sagicor Group is seeking a suitable candidate to join our Cambio team in the capacity of:

Foreign Exchange Settlement Associate -AFSL

Complete the timely execution of cash transactions and settlement between Retail Cambios and other clients with Alliance Financial Services Limited.

Monitor and reconcile foreign cash shipments from Cambios to local service provider.

Coordinate foreign cash shipments and settlement to overseas service provider.

Location: Kingston

As a Foreign Exchange Settlement Associate, you will:

• Process trades in Smart Exchange and prepare payments to clients from relevant bank accounts via RTGS, Wire and Elink.
• Prepare letters for trade ceiling, or other letters related to transactions performed including Intervention and surrender.
• Requests Foreign Exchange Drafts and Managers cheques from Banks as well as to provide cashier relief duties.
• Reconcile and post to Smart Exchange weekly settlement reports and prepare entries for the Accounts department.
• Clear any internal “To Be Assigned” (TBA) items in the Smart Xchange System.
• Verify, reconcile, and prepare shipment of cash received by Beryllium daily whilst ensuring proper reporting by the courier.
• Scan Know-Your-Customer (KYC) documentation to the system while maintaining files on an ongoing basis.
• Perform other job-related duties assigned from time to time.

What do you need?

• Minimum of an Associate degree or Bachelor’s degree in Banking & Finance, Accounts, Business Administration or relevant discipline from recognized tertiary institution.
• At least one (1) year working experience in operations or customer service in a financial institution.
• Knowledge of cash handling and reconciliation procedures and POCA Regulations would be an asset.
• Proficiency in the use of computer software packages such as word processing and spreadsheets applications.
• Strong reasoning & mathematics skills.
• Knowledge of accounting principles.
• High degree of accuracy and attention to detail.
• Knowledge of customer service principles
• Strong time management and problem-solving skills
• Ability to communicate effectively both orally and in writing.
• Ability to manage multiple tasks/ projects simultaneously.
• Effective team player

If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than January 10, 2025.

While we appreciate all applications, only shortlisted candidates will be contacted.