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OX Human Resources Consultancies Hiring! Full Time Settlement Executive in Federal Territory - Ricebowl

Settlement Executive

OX Human Resources Consultancies

Undisclosed

KL City, Federal Territory

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Working Location

  • Kuala Lumpur Federal Territory Malaysia

Job Description

Responsibilities

Key Responsibilities:

  • Process and reconcile forex trades and payments accurately and timely.
  • Ensure settlements are executed efficiently with counterparties, liquidity providers, and banks.
  • Monitor trade discrepancies, unmatched transactions, and settlement failures, resolving issues proactively.
  • Coordinate with internal teams (trading, finance, risk) and external counterparties to ensure smooth transactions.
  • Handle daily funding, currency conversions, and payment instructions to ensure adequate liquidity.
  • Verify transaction details, swift messages, and payment confirmations to prevent errors.
  • Conduct regular bank reconciliations and ledger reviews to ensure financial accuracy.
  • Assist in the preparation of settlement reports and regulatory documentation.
  • Ensure compliance with AML, KYC, and forex regulations.
  • Support audits and internal controls related to settlements and risk management.


Requirements:

  • Bachelor’s degree in Finance, Accounting, Economics, or a related field.
  • 2+ years of experience in forex settlements, payment operations, or treasury.
  • Strong knowledge of MT4/MT5, SWIFT payments, wire transfers, and forex instruments.
  • Familiarity with banking processes, reconciliation tools, and CRM systems.
  • Proficiency in Excel and financial reporting tools.
  • Ability to work in rotational shifts and a 5-day work schedule.
  • Excellent analytical skills and attention to detail.

Strong communication and problem-solving skills.

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