SGM-FX
Settlement Officer

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Company Description
SGM-FX, established in 2002, is a foreign exchange specialist with a global reputation for proactive, cost-effective currency services. The firm serves over 20,000 private and corporate clients and processes more than 50,000 payments annually. Each client is supported by a dedicated account manager who delivers bespoke, innovative solutions. SGM-FX combines expert market analysis with advanced trading technology to manage both short- and long-term currency exposure. The company focuses on building trust through long-term relationships and high-quality service.
Requirement
Varied Back Office role combining settlements, payments, reconciliations. Looking for a multi-tasker, able to prioritise work, accurately and efficiently. A fast-paced small department requires the ability to work within a team but also manage a team of 3 people.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
- Excel (good knowledge)
- Accounts knowledge would be an advantage


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Job Role
- Check and maintain client and company accounts
- Check funds coming in from clients
- Set up payment sheets and make payments to the broker
- Ensure source of funds have been approved by compliance
- Chase for funds not received from the client and keep track of debts
- Reconcile client and company accounts on Xero and spreadsheets
- Update and maintain the Margin Report, Unpaid Monies Report and Open Case Report
- Check source of funds have been approved by compliance
- Authorise payments
- Obtaining copies of SWIFT messages for both incoming and outgoing payments
- Keeping a log of funds transferred between companies
- Control and reconciliation of returned currency from broker
- Ensure any 3rd party payments have been approved by Compliance
- Setting up & making payments to the Client
- Updating Xero & in-house online trade platform
- Chasing for client payment details and adding them to the in-house trade platform
- Check broker recaps
- Check that 3rd party payments have been approved by compliance
- Any ad-hoc duties relating to the smooth running of the department.
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