Middle Office Officer

Job description

The main tasks include:

• Payment Processing and Control: Processing of SEPA credit transfers (SCT / SCT Inst) and international SWIFT payments (MT103, MT202, pacs.008)
• Verification of payment order compliance: IBAN, BIC, payee details, payee verification (VAP)
• Identification and management of suspended payments, rejections, and returns (R-transactions)
• Monitoring of urgent and high-value payments via SEPA or TARGET2 / T2
• Application of sanctions screening procedures (EU, OFAC lists) within the regulatory export window

Nostro Account Management

The tasks include:

• Daily monitoring of liquidity positions in nostro accounts with correspondent banks
• Reconciliation of Nostro expenses with posted transactions (reconciliation of MT940 / MT950)
• Identifying and resolving reconciliation errors within specified timeframes
• Management of outstanding items and escalation to correspondent banks in the event of discrepancies
• Optimization of intraday balances in coordination with Treasury

Back Office

The Middle Office department will also be involved in other back-office tasks, such as providing backup support for securities transactions, corporate actions, or tax operations.

Requirements

The requirements include:

• At least a bachelor's degree, ideally in banking, law, finance, or a related field
• Proven experience in a back-office or middle-office role, preferably with experience in cash and securities transactions
• Basic understanding of and experience with regulatory reporting, including CDOP, CESOP, EMIR Refit, and other relevant regulations
• A background in back-office banking operations with experience in tax and regulatory matters is preferred
• Strong analytical skills to identify, analyze, and correct regulatory errors and discrepancies
• Proven ability to drive process optimization initiatives and implement best practices
• A high level of attention to detail to ensure the accuracy and compliance of regulatory reports and reconciliations
• Excellent communication skills to collaborate effectively with various teams and stakeholders

Our values

Our values include:

• Responsibility: Taking responsibility for tasks and challenges, and continuous improvement
• Hands-on: Proactive delivery of high-quality results
• Passion: Commitment and pursuit of excellence
• Solution-oriented: Focus on customer results and fair treatment of customers, combined with a risk-aware approach
• Partnership-oriented: Promoting cooperation and teamwork with an entrepreneurial spirit