At a Glance
- Tasks: Support FX operations by processing payments, reconciling accounts, and communicating with clients.
- Company: Fast-growing FX risk management firm with a dynamic team of specialists.
- Benefits: Competitive salary, private healthcare, pension plans, and ongoing training opportunities.
- Other info: Join a team that values innovation and offers excellent career progression.
- Why this job: Kickstart your career in finance with unlimited growth potential in a supportive environment.
- Qualifications: 2 years in payment processing, strong attention to detail, and excellent communication skills.
Ballinger & Co. is an independent provider of foreign exchange risk management and trading services to financial institutions and corporate clients with large and complex FX requirements. We are a fast growing, well funded business run by a team of FX specialists who previously built and sold the UK's largest FX broker. Having launched the business in 2020 and achieved all of our goals to date, we now seek to expand our back-office team with an additional Operations Specialist who will be trained by our Head of Operations & Trade Support back office all-rounder, with scope to progress and specialise as the business grows.
This is an excellent opportunity for any candidate looking to start their career in financial services client services, or for a professional early in their career looking for their big break into a role with unlimited potential.
Salary: £35,000-40,000
Requirements:
- This position serves a pivotal role in Operations, supporting multiple work streams, including but not limited to posting of incoming wires, processing of outgoing wires, reconciliation, trade verification, and queries.
- Approve payment information; create and/or review beneficiary details; follow up with either clients or other internal departments as required.
- Create/Review/Approve all payments (domestic & international).
- Review and Cancel/Amend/Modify foreign exchange transactions as required.
- Communicate with clients when clarification of beneficiary instructions or FX trades is required.
- Reconcile bank accounts against our internal treasury management system.
- Liaise with our Risk Team to ensure our exposure is covered and margin calls are met.
- Play a key role in a number of projects and improving processes.
- Ongoing training and development through training sessions and CISI exams.
Key Skills and Competencies:
- A minimum of 2 years experience in domestic and/or international payment processing.
- High attention to detail is essential to ensure both payment accuracy and prompt delivery to the ultimate beneficiary.
- Ability to analyse payment instructions for viability.
- Ability to work within rules and guidelines.
- Very strong written and verbal communication skills.
Technical Experience:
- Experience in a Payments Function.
- Experience in a Reconciliation Function.
- Understanding of KYC and Client Onboarding.
- Knowledge of the FX Payments industry.
Benefits:
- Private Healthcare Plan.
- Pension Plans.
- Leave Package.
- Training & Development.
- Employee Assistance Programme.
- Competitive salary (depending on experience).
- Excellent opportunity to progress in a fast growing company.
FX Payments Operations Specialist in City of Westminster employer: Ballinger Group
At Ballinger & Co., we pride ourselves on being an exceptional employer, offering a dynamic work environment where innovation and growth are at the forefront. Our commitment to employee development is evident through ongoing training opportunities and a clear path for career progression within the fast-growing financial services sector. With competitive salaries, comprehensive benefits including private healthcare, and a supportive team culture, we provide the ideal setting for professionals eager to make a meaningful impact in the FX payments industry.
StudySmarter Expert Advice🤫
We think this is how you could land FX Payments Operations Specialist in City of Westminster
✨Get Involved with Campus Finance Societies
Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!
✨Attend Industry Workshops and Webinars
Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like Ballinger Group.
✨Leverage LinkedIn for Informational Interviews
Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.
✨Apply Directly through Company Websites
Don't just rely on job boards. Head directly to Ballinger Group's careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!
We think you need these skills to ace FX Payments Operations Specialist in City of Westminster
Some tips for your application 🫡
Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!
Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!
Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!
Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!
How to prepare for a job interview at Ballinger Group
✨Brush Up on Your Financial Knowledge
Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.
✨Show Off Your Analytical Skills
Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.
✨Demonstrate Your Team Spirit
As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.
✨Prepare Thoughtful Questions
Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.
