Senior Settlement Officer

Company Description

Natixis in Portugal is fully integrated in the global organization of Natixis, a French multinational financial services firm specialized in Asset & Wealth Management, Corporate & Investment Banking, Insurance and Payments. A subsidiary of Groupe BPCE, Natixis counts nearly 16.000 employees across 38 countries. 

Based in Porto, Natixis Centre of Expertise mission is to transform traditional banking by developing innovative solutions for the bank’s business, operations and work culture worldwide, as a key driver of the company’s culture of agility and innovation. Teams of IT and Banking Support Activities work in an integrated, inclusive and transversal way, supporting all the business lines and country platforms. 

Natixis in Portugal is the best combination of a “start-up mindset” with a large, solid structure. Its unique culture gives true meaning to a “beyond banking” personality: to be a real entrepreneur, self-challenging, ever striving to excel and go that extra mile.

Job Description

The Settlement team is responsible for ensuring the timely and accurate settlement of financial transactions, including securities, derivatives, and other instruments, across international markets. The main goal is to minimize counterparty risk, facilitate efficient trade settlement, and ensure compliance with regulatory requirements in various jurisdictions. 

Main tasks and goals: 

We are seeking a highly motivated and skilled Senior Settlement Officer to join our settlement team. 

Key Responsibilities: 

• Manage and oversee the settlement of financial transactions, providing strategic direction and leadership for the entire settlement function. 

• Ensure accuracy and timeliness of all transactions and resolve complex discrepancies and issues during the settlement process. 

• Lead the reconciliation of accounts and maintain accurate transaction records, including oversight of all reconciliation activities. 

• Coordinate with other financial institutions and external parties for smooth settlement, serving as the primary point of contact for settlement-related interactions. 

• Uphold compliance with banking regulations and internal policies, providing expert guidance and support on regulatory matters. 

• Identify and implement high-level process improvements for enhanced efficiency and accuracy within the settlement function, working closely with senior management and other stakeholders. 

• Provide mentorship, training, and leadership to junior and mid-level team members involved in the settlement process. 

• Acts as the Team Leader backup in case of need for projects follow-up, controls performance and declaration, oversights presentation and others. 

Qualifications

• Degree in Finance or related field. 
• More than 5 years of experience in a financial role. 
• Excellent communication and interpersonal skills. 
• Ability to work independently and as part of a team. 
• Strong analytical and problem-solving skills. 
• Ability to handle and prioritize multiple tasks in a fast-paced environment. 
• Attention to detail and strong organizational skills. 
• Good knowledge of English, both written and verbal. French is a plus. 
• Intermediate to advanced Excel skills (Pivot Tables, Conditional Formatting, advanced formulas). VBA is a plus. 

We will only consider English Cv's.

Additional Information

At Natixis, we are committed to fostering a working environment where each and every one of our people is treated with dignity and respect and where every voice is heard. Our differences make us collectively stronger and are a source of fulfilment, innovation and performance.

In the framework of its Diversity, Equity & Inclusion policy, Natixis in Portugal has implemented a Blind CV Screening process, with the purpose of reducing hiring bias. A blind CV excludes any personal details which refer to the applicant’s gender, age or ethnicity. When applying for our positions, please submit a blind CV, that is, with no picture, name, gender, age, nationality, ethnicity and address. Your personal statement, work experience, courses and certifications, education, skills and contact information is what matters to us.

#MuchMoreThanJustAJob

Early morning. Campo 24 de Agosto. In 4 minutes, you are clocking in at the office. Start your day having breakfast with the Team and grab fresh fruit on the way to your seat, in one of Porto’s most typical neighborhoods. This Purple Day is going to be a busy one: daily meeting ensuring all team members are on the same page regarding work status, priorities and