Job Openings

Operations Specialist (FX Settlements)

Job ID: BH481009

Category: Operations, Accounting and Finance

Specialty: Accounting & Finance

Operations Specialist
6-month contract

Location: New York, NY (remote until office opens, must be local)

Hours: M-F; 8hrs/day – 40hrs/wk
Industry: Financial Services/Banking
Interview Process: Video Call or Phone Screen (1 round)

Must Haves:

  • Bachelor's degree or equivalent job-related experience
  • Proficient with Microsoft Office


  • At least 6 months of operations experience in financial services
  • Foreign Exchange operations experience
  • Derivatives experience

Job Description/Summary:

The Operations Intermediate Specialist – FX Settlements is responsible for Settlements within Foreign Exchange Services, ensuring that all trades executed with client's FX trading desk are settled in a timely and accurate manner on value date.


  • Ensuring timely settlement of FX trades executed through various FX trading desks and platforms
  • Developing knowledge of FX trade-related SWIFT messages and fields required for FX transaction confirmation and payments
  • Ensuring accurate settlement of FX trades per Standard Settlement Instructions (SSI) provided by client's clients and counterparties
  • Verifying FX transaction instructions to be released on value date
  • Escalating trade discrepancies to FX trade initiation and management team, when appropriate
  • Seeking out and exploiting opportunities to improve post-execution processes, either through automation or procedural revision
  • Accurate and timely settlements of transactions in the bilateral netting system
  • Responsible for monitoring swift repair queue
  • Responsible for monitoring and responding to queries in the FX OFAC queue
  • Validate currency settlements instructions for custody, third party and inter-bank counterparties


  • BS/BA degree
  • 6 to 12 months Foreign Exchange Operations, Derivatives or related Financial Services experience preferred but not essential
  • Ability to multi-task and prioritize volume
  • Ability to work independently as well as in a team environment
  • Proactive approach to daily work and ability to handle multiple responsibilities
  • Ability to communicate professionally with others
  • Strong client service skills
  • Strong attention to detail
  • MS Office proficiency required-included MS Word, MS Excel, and MS Access


The Planet Group of Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Type: Temp/Contract

Location: New York, New York