Settlement Officer / Banking Operations

🌟 We’re Hiring: Settlement Officer / Banking Operations

📍 Location: United Arab Emirates (Remote)

🕒 Employment Type: Part-Time

💼 Experience Level: Mid-Level to Senior

🌐 Work Arrangement: Fully Remote

About Us

We are a financial-services organization focused on delivering reliable, efficient, and controlled banking and transaction operations. Our teams support accurate processing, timely settlements, reconciliations, and operational controls across financial activities.

We value accuracy, accountability, risk awareness, confidentiality, and operational excellence. We are looking for a detail-oriented banking professional who can manage settlement processes while maintaining strong controls and service standards.

The Role

We are seeking an experienced Settlement Officer / Banking Operations professional to coordinate transaction settlement, reconciliation, payment processing, exception management, and operational controls.

The ideal candidate has strong banking-operations knowledge, excellent attention to detail, and the ability to manage time-sensitive financial transactions accurately.

Key Responsibilities

• Process and monitor daily banking and financial-market settlement activities.
• Verify transaction details, settlement instructions, payment information, counterparties, and relevant documentation.
• Ensure transactions are settled accurately and within established deadlines.
• Monitor incoming and outgoing payments, transfers, securities transactions, and settlement instructions.
• Investigate failed, delayed, rejected, unmatched, or disputed transactions and coordinate appropriate resolution.
• Perform daily reconciliations between internal systems, bank statements, clearing platforms, and external counterparties.
• Identify and investigate reconciliation breaks, discrepancies, and outstanding items.
• Coordinate with front office, treasury, finance, compliance, risk, relationship-management, and external banking teams.
• Maintain accurate settlement records, transaction logs, confirmations, and supporting documentation.
• Review settlement instructions and ensure appropriate authorization and control procedures are followed.
• Monitor payment cut-off times, settlement deadlines, holidays, and market-specific processing requirements.
• Assist with payment investigations, returned funds, rejected payments, and transaction amendments.
• Support account opening, static-data maintenance, counterparty setup, and settlement-instruction updates where applicable.
• Verify account and beneficiary information in accordance with internal controls.
• Monitor operational risks and escalate unusual transactions, control breaches, or potential fraud indicators.
• Assist with exception reporting, operational dashboards, daily controls, and management reporting.
• Support internal and external audits by providing accurate transaction records and supporting documentation.
• Maintain strong segregation-of-duties and maker-checker controls throughout operational processes.
• Ensure confidential financial, customer, payment, and transaction information is handled securely.
• Identify opportunities to improve settlement workflows, reduce manual processing, and strengthen operational efficiency.
• Support implementation and testing of banking-system, payment-platform, and process changes.
• Follow applicable banking regulations, internal policies, AML/KYC requirements, data-protection standards, and operational procedures.

Requirements

• Bachelor’s degree or equivalent qualification in Finance, Accounting, Banking, Economics, Business Administration, or a related field is preferred.
• 3+ years of professional experience in banking operations, settlements, payments, treasury operations, securities operations, or financial services is preferred.
• Strong understanding of banking operations, transaction processing, reconciliations, payments, and settlement procedures.
• Excellent spoken and written English communication skills.
• Strong attention to detail and high level of numerical accuracy.
• Ability to manage multiple time-sensitive transactions and operational deadlines.
• Strong analytical, investigative, problem-solving, and organizational skills.
• Experience with banking platforms, payment systems, treasury systems, settlement platforms, or financial operations software.
• Strong Excel skills, including data analysis, reconciliation, lookup functions, and reporting.
• Understanding of SWIFT, SEPA, correspondent banking, clearing systems, or securities settlement is advantageous.
• Knowledge of securities, foreign exchange, treasury, or capital-markets operations is advantageous.
• Familiarity with AML/KYC, sanctions screening, operational-risk controls, and financial regulations is advantageous.
• Experience with systems such as Murex, Calypso, Finastra, Temenos, SAP, Oracle, or similar financial platforms is advantageous.
• UAE or MENA banking and financial-services experience is advantageous.
• ACCA, CFA, CMA, CIMA, CAMS, or other relevant professional qualifications are advantageous but not required.

What We Offer

• Flexible part-time working hours within a fully remote banking-operations environment.
• Competitive compensation aligned with experience and operational expertise.
• Opportunity to develop expertise across settlements, payments, reconciliations, treasury, banking operations, and financial controls.
• Exposure to modern banking platforms, payment technologies, transaction-monitoring processes, and operational-risk management.
• Professional development opportunities and continuous learning across banking operations, financial technology, compliance, and process improvement.
• A highly professional environment where accuracy, confidentiality, risk awareness, accountability, and operational excellence are strongly valued.