At a Glance
- Tasks: Join us as an Analyst to manage payment operations and support banking transactions.
- Company: Be part of the EBRD, a pioneering international organisation making a real difference.
- Benefits: Enjoy a diverse work culture, flexible hours, and opportunities for personal growth.
- Why this job: Contribute to impactful projects while collaborating with experts in finance and sustainability.
- Qualifications: University educated or equivalent experience; strong communication and analytical skills required.
- Other info: Embrace a culture of diversity and inclusion while working in a dynamic environment.
The predicted salary is between 36000 - 60000 £ per year.
Requisition ID 35844 Office Country United Kingdom Office City London Division Operations & Service Management Contract Type Short Term Contract Length 23 months Posting End Date 24/07/2025
Purpose of Job
The Analyst is responsible for completing a variety of operational tasks across equivalent middle and back office functions that directly interface with Banking Origination, Portfolio Management, Procurement, and Treasury teams.
Day-to-day, the team’s core responsibilities include the management of payee onboarding journey, as well as ensuring the timely funding and execution of the Bank’s payments in global markets. This involves managing a diverse range of products and ensuring the proper settlement of EBRD’s transactions.
Background
The function is responsible for the accurate acquisition, verification and maintenance of Payee’s data in the Bank’s systems as well as ensuring appropriate funding and settlement of the Bank’s transactions. Responsible for the overall governance and oversight of Payment processes across the Bank the function facilitates measurement of key risks and the application of limits and control of parties throughout their payment lifecycle.
The role interacts with a wide cross section of both internal departments and external parties to ensure the Bank’s transactions are settled in an accurate and timely manner ensuring risks are identified and mitigated through the product lifecycle as per the Bank’s risk appetite.
The Bank is undertaking various improvement initiatives and seeking to automate (where possible) various processes. Candidates will need to embrace these philosophies and play a role in ensuring we collectively deliver operational improvements and efficiencies.
Accountabilities & Responsibilities
Operational Performance:
- Execute operational processes across a range of activities in equivalent middle and back office support functions that facilitate payment oversight and execution activities
- Demonstrate personnel commitment to delivering outstanding operational performance by adhering to established operational metrics – timeliness, quality and customer satisfaction
- Responds to operational queries in a prompt and timely manner
- Communicate with relevant departments to ensure that the decision-makers are aware of the risks involved with specific projects/transactions
- When required provide support and training to the team in the delivery of their tasks
- Where necessary, provide additional capacity across OSM to ensure expected service levels are maintained, including unanticipated deadlines defined by Banking/Treasury clients
Operational Standards, Risk, Control & Governance:
- Be a part of a culture where team members are responsible for the quality of their output, ensuring adherence to established quality/assurance targets
- Help support the broader improvement of OSMs control environment
- Ensure that new processes and practices are conducted in line with quality standards, applicable policies and relevant legislation
Continuous Improvement:
- Be a ‘team player’ in a team/department responsible for creating a ‘best in class’ operational function
- Support the identification and implementation effort associated with driving improved efficiencies in OSM with a view to enhancing the overall service experience – timeliness, quality, engagement etc.
- Demonstrate self-awareness of personal and broader operational metrics, identifying opportunities to improve (either personally or collectively)
Service Management & Third Party Management:
- In delivering day-to-day operational activity, conform to established service levels and standards
- Where necessary, work in a collaborative manner with other colleagues/teams involved in a hybrid service model
Stakeholder Management:
- Works collaboratively with colleagues to facilitate operational outcomes that adhere to established service levels
- Positively influences others to help deliver a sustainable operations function
- Proactively works with the Business to identify and manage backlogs, guiding them on prioritisation and, where necessary, conveying wider operational constraints
- Be an ambassador for OSM across other departments by delivering outstanding operational outcomes
Knowledge, Skills, Experience & Qualifications
- University educated, or equivalent work experience
- Comprehensive banking, legal or credit skills as well as a good understanding of treasury and banking products transacted by EBRD
- Banking/Treasury product knowledge is required to settle trades across the global market
- Appreciation of the impact that the function has with other key departments in the servicing of Banking, Treasury and Procurement transactions
- Strong customer service orientation and ability to proactively identify opportunities for improved customer outcomes
- Experience with SAP, Swift, BACS, Summit systems considered advantageous
- Experience of being part of a team that has transformed itself utilising continuous improvement techniques would be considered beneficial
- Experience of working in a team that utilises operational metrics to effectively manage operational teams would be advantageous
- Excellent written and verbal communication in English required. Knowledge of another language would also be considered beneficial
- Sufficient credibility to advise peers across the organisation, helping mitigate banking/operational risks
- Must have positive, collaborative and solution orientated attitude
- Strong computer skills (Microsoft outlook, Word, Excel, PowerPoint)
- Strong team player, attention to detail, strong analytical skills with the ability to organise, multi task and prioritise effectively to meet deadlines
- Understanding of Banking Operations and Account Payable payment processes
- Understanding of payee onboarding/verification process
- Familiarity with payment systems (SWIFT/BACS) and associated screening and sanction understanding would be considered beneficial
- Understanding of Treasury requirements when funding the Banks products
- Understanding of cash reconciliation and ability to resolve issues arising from non-settlement of transactions
What is it like to work at the EBRD?
Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people\’s lives and help shape the future of the regions we invest in.
The EBRD environment provides you with:
- Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in;
- A working culture that embraces inclusion and celebrates diversity;
- An environment that places sustainability, equality and digital transformation at the heart of what we do.
Diversity is one of the Bank’s core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working and expecting our employee to attend the office 50% of their working time.
Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).
#J-18808-Ljbffr
Analyst, Payment Operations employer: European Bank for Reconstruction and Development
Contact Detail:
European Bank for Reconstruction and Development Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst, Payment Operations
✨Tip Number 1
Familiarise yourself with the specific banking and treasury products mentioned in the job description. Understanding these products will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with current or former employees of EBRD, especially those in operations or payment roles. They can provide valuable insights into the company culture and expectations, which can be beneficial for your application.
✨Tip Number 3
Showcase your experience with operational metrics and continuous improvement techniques. Be prepared to discuss specific examples of how you've contributed to efficiency improvements in previous roles.
✨Tip Number 4
Prepare to discuss your customer service orientation and how you've proactively identified opportunities for improved outcomes in past positions. This aligns well with the role's emphasis on stakeholder management and operational performance.
We think you need these skills to ace Analyst, Payment Operations
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Analyst role in Payment Operations. Focus on your banking knowledge, operational performance, and any experience with payment systems like SWIFT or BACS.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the EBRD's mission. Mention specific examples of how your background in banking operations and customer service can contribute to the team’s goals.
Highlight Continuous Improvement Experience: Since the role involves driving operational improvements, emphasise any past experiences where you contributed to process enhancements or efficiencies. This shows your alignment with the Bank's focus on continuous improvement.
Showcase Communication Skills: Given the importance of stakeholder management in this role, highlight your written and verbal communication skills. Provide examples of how you've effectively communicated with teams or clients in previous positions.
How to prepare for a job interview at European Bank for Reconstruction and Development
✨Understand the Role
Make sure you thoroughly understand the responsibilities of the Analyst in Payment Operations. Familiarise yourself with the key tasks such as payee onboarding, transaction settlement, and risk management. This will help you demonstrate your knowledge during the interview.
✨Showcase Your Analytical Skills
Prepare to discuss examples from your past experiences where you've used analytical skills to solve problems or improve processes. Highlight any experience with operational metrics or continuous improvement techniques, as these are crucial for this role.
✨Emphasise Team Collaboration
Since the role involves working closely with various departments, be ready to share examples of how you've successfully collaborated with others in previous roles. Show that you can positively influence team dynamics and contribute to a 'best in class' operational function.
✨Prepare for Technical Questions
Brush up on your knowledge of banking products, payment systems like SWIFT and BACS, and any relevant software such as SAP. Be prepared to answer technical questions that assess your understanding of these areas, as they are vital for the position.