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SGM-FX

Settlement Officer

London
Posted about 12 hours ago
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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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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your 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.

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Strong

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.

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Strong

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  • 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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Location

London, England, United Kingdom

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