Payments Analyst

Payments Analyst

London Full-Time 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse payment transactions and create dashboards using SQL and Power BI.
  • Company: Join Vanquis, a leading specialist bank with a caring approach to banking since 1880.
  • Benefits: Enjoy flexible working, 25-30 days holiday, and a discretionary annual bonus.
  • Why this job: Be part of a supportive team that values your growth and offers training opportunities.
  • Qualifications: Experience in data analysis, SQL, Excel, and Power BI is preferred.
  • Other info: We celebrate diversity and encourage everyone to bring their authentic selves to work.

The predicted salary is between 30000 - 42000 £ per year.

Location: Bradford, Chatham, Petersfield

Working Pattern: Hybrid—typically a couple of days a week in the office. Part-time or flexible arrangements are considered to support work-life balance.

What We Offer:

  • Holidays: 25 days holiday up to 30 days (depending on service)
  • Pension: We will contribute up to 10%
  • Maternity/Paternity: Enhanced maternity (after successful completion of probation) and 4 weeks paternity leave
  • Volunteering: 2 paid days to ‘give back’ to the charity of your choice
  • Development: LinkedIn Learning for all
  • Finance: Snoop Premium available to all colleagues
  • Medical: Opportunity to opt in for Private Medical Insurance
  • Bonus: Discretionary annual bonus

The Role:

You will be part of the Payment Services team responsible for payment channels and regulatory compliance within the VBG payment ecosystem. You will undertake payment transaction banking data analysis using SQL (or Snowflake) technologies (Power BI, Excel etc) to create MI Dashboards for stakeholders. You will monitor Payment ecosystem controls to oversee processing of transactions and payments for Credit card and Vehicle Finance products.

Key Responsibilities:

  • Setup and maintain regular Payment monitoring dashboards for Payments forum, working group ceremonies.
  • Create dashboards, MI to ensure payment transactions are being applied in a timely and accurate manner.
  • Interpret business requirements and determine optimum MI solutions to meet business needs.
  • Support Payment risk events to resolve payment incidents and irregularities by collaborating with internal teams.
  • Investigate customer complaints and reported issues/errors.
  • Create and maintain Payment process documentation.
  • Support with Payment service compliance and TRA Rate monitoring, analysis and Rep17 quarterly runs.
  • Support Finance, product and digital stakeholders on payment data requirements, queries.
  • Ensure a current understanding and relevant level of knowledge of payments is in place across the business and Group.

What We’re Looking For:

  • Understanding of data analysis including SQL coding, Excel and Power BI skills
  • Able to work independently and as part of a team
  • Previous experience within Payment Services within Financial Services is desirable
  • Effectively plan and organise work, prioritising deadlines whilst working at a fast pace
  • Ability to work and keep deadlines in an evolving work environment, including working to strict SLAs

Offers are subject to satisfactory background checks, including credit, fraud, and employment references.

Who We Are:

At Vanquis, we have a simple purpose: to deliver caring banking so our customers can make the most of life’s opportunities. Established in 1880, we’re now a FTSE All Share company and leading specialist bank. We lend responsibly, providing tailored products and services to over 1.75 million UK customers. We take care of our colleagues as well as our customers, working hard to create a rewarding and supportive work environment.

Vanquis Bank is an Equal Opportunity Employer. Here at Vanquis Banking Group, we embrace everyone’s unique strengths and identities to be themselves at work. Regardless of how you identify yourself, your sexual orientation, marital or civil partner status, race, colour, nationality, ethnic or national background, faith, disability, or age – your experiences and background help enrich our teams, and most importantly help support our customers in the best way possible.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch.

Payments Analyst employer: Vanquis Bank

At Vanquis Bank, we pride ourselves on being an excellent employer by fostering a supportive and inclusive work culture that prioritises employee well-being and development. With flexible working arrangements, generous holiday allowances, and opportunities for professional growth through LinkedIn Learning, we empower our Payments Analysts to thrive in their roles while maintaining a healthy work-life balance. Located in Bradford, our commitment to caring banking extends to our colleagues, ensuring that everyone has a voice and the chance to contribute meaningfully to our mission.
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Contact Detail:

Vanquis Bank Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Payments Analyst

✨Tip Number 1

Familiarise yourself with SQL and Power BI, as these are crucial for the Payments Analyst role. Consider taking a short online course or tutorial to brush up on your skills, which will not only boost your confidence but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the payments and financial services sector. Attend industry events or join relevant online forums to connect with others who can provide insights into the role and potentially refer you to opportunities at Vanquis.

✨Tip Number 3

Research Vanquis Bank's values and recent developments in their payment services. Being knowledgeable about the company will help you engage in meaningful conversations during interviews and show that you're genuinely interested in being part of their team.

✨Tip Number 4

Prepare to discuss your experience with data analysis and how you've used it to solve problems in previous roles. Think of specific examples where your analytical skills made a difference, as this will help you stand out during the interview process.

We think you need these skills to ace Payments Analyst

SQL Coding
Data Analysis
Power BI
Excel
Dashboard Creation
Payment Services Knowledge
Regulatory Compliance Understanding
Risk Management
Problem-Solving Skills
Attention to Detail
Effective Communication
Team Collaboration
Time Management
Ability to Work Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in payment services and data analysis. Emphasise your skills in SQL, Excel, and Power BI, as these are crucial for the Payments Analyst role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the payment ecosystem and your ability to create MI dashboards. Mention specific examples of how you've successfully managed payment transactions or resolved issues in previous roles.

Highlight Your Flexibility: Since the company values work-life balance, mention your adaptability and willingness to work in a hybrid environment. This shows that you align with their culture and are open to flexible working arrangements.

Showcase Your Problem-Solving Skills: In your application, provide examples of how you've investigated and resolved payment incidents or customer complaints. This will demonstrate your analytical skills and ability to work under pressure, which are key for this position.

How to prepare for a job interview at Vanquis Bank

✨Showcase Your Data Skills

As a Payments Analyst, you'll need to demonstrate your proficiency in SQL, Excel, and Power BI. Be prepared to discuss specific projects where you've used these tools to analyse data or create dashboards, as this will show your practical experience.

✨Understand Payment Ecosystems

Familiarise yourself with the payment services landscape, especially within financial services. Research common payment channels and regulatory compliance issues to show that you understand the context of the role and can contribute effectively from day one.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills, particularly around risk events and customer complaints. Think of examples from your past experience where you successfully resolved issues or improved processes, and be ready to explain your thought process.

✨Demonstrate Team Collaboration

This role requires working closely with various stakeholders. Be ready to share examples of how you've collaborated with teams in the past, highlighting your ability to communicate effectively and work towards common goals.

Payments Analyst
Vanquis Bank
Location: London
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