At a Glance
- Tasks: Manage and build relationships with banks to drive Brite's payment network.
- Company: Join a leading Swedish fintech revolutionising instant payments across Europe.
- Benefits: Inclusive culture, dynamic environment, and opportunities for impactful work from day one.
- Other info: Work in a fast-paced, collaborative team that values your unique contributions.
- Why this job: Be at the forefront of transforming the payment landscape with innovative solutions.
- Qualifications: Experience in transactional banking and strong negotiation skills required.
The predicted salary is between 60000 - 80000 £ per year.
About Brite Payments
Founded in 2019, Brite Payments is a Swedish fintech and a leader in Instant Account-to-Account (A2A) payments. With connections to over 3,800 banks, Brite enables consumers to pay directly from their bank account (also known as Pay by Bank) in real-time. With no signup or card details required, users authenticate using their bank’s usual ID method, which is not only convenient and secure but provides merchants with fast fund settlement, zero chargebacks, and reduced costs. Headquartered in Stockholm, Sweden, Brite operates across 27 European markets, utilising local payment rails, open banking, and our own proprietary infrastructure, Brite Instant Payments Network (IPN).
What you will do
The Banking Relationship Manager is a key role within Brite, reporting directly to the CFO. In this role you will own the full responsibility for the commercial bank relationships in all markets in which Brite operates, i.e. Brite's Instant Payment Network (IPN). You will have full ownership of the strategic relationship management process as you are Brite’s one-point-of-entry for both existing and new bank counterparties.
Key responsibilities include (but are not limited to):
- Screening and approaching new bank counterparties following Brite’s market expansion plan
- Negotiating, underwriting and onboarding new banks
- Ensuring KYCs are fulfilled and the AML documentation required by partner banks are up-to-date and in-line with current best practice, in close cooperation with Brite’s AML and Compliance department
- Establish, maintain and foster transparent communication with bank partners to drive operational efficiency and collaboration
- Review of transaction flows across Brite’s instant payment network to ensure that Brite processes transactions effectively
- Collaborating efficiently with internal stakeholders to understand their needs and bridge those needs with the relevant banks
- Analyzing how operating policies, procedures and product offerings at the banks may impact the business relationship with Brite
- Continuously monitor bank relationships to ensure optimization
Are you a Brite mind?
As an individual, you have high intrinsic motivation and want to make a dent in the payment landscape. You enjoy working in a challenger environment and have strong entrepreneurial drive and business acumen, not shying away from laying the rails while rolling on them. In addition:
- You have good knowledge of transactional banking
- You have a proven ability to negotiate with banks, while building long-term, collaborative partnerships
- You have a great understanding of banking operation policies and market regulations
- You have a good understanding of KYC and AML principles
- You work comfortably in an intense, fast-paced international environment
- You have a positive attitude that can easily build relationships with stakeholders across an international landscape
- You have a solution oriented mindset
- You are fluent in English (all other languages are a plus).
What we offer
- An optimistic, caring, and inclusive culture where we want you to be yourself
- A dynamic, fast-paced, and innovative environment where you will have the possibility to make an impact from your first day onwards
- A flat organization, friendly colleagues, and fast decision-making
- An environment where we start small and learn fast to do big things
- A team that cares about sharing, collaborative work, and prestigelessness
- You will be part of a team of fun and skilled people
Banking Relationship Manager employer: Brite AB
Brite Payments is an exceptional employer, offering a vibrant and inclusive culture that encourages individuality and innovation. As a Banking Relationship Manager in Stockholm, you will thrive in a dynamic environment where your contributions are valued from day one, with ample opportunities for personal and professional growth. Join a team of passionate professionals dedicated to transforming the payment landscape while enjoying a flat organisational structure that promotes collaboration and swift decision-making.
StudySmarter Expert Advice🤫
We think this is how you could land Banking Relationship Manager
✨Network Like a Pro
Get out there and connect with people in the banking and fintech space. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Knowledge
When you get the chance to chat with potential employers, make sure to showcase your understanding of transactional banking and KYC/AML principles. This will not only demonstrate your expertise but also show that you're genuinely interested in the role.
✨Be Solution-Oriented
In interviews or networking conversations, focus on how you can solve problems for Brite. Share examples of how you've successfully navigated challenges in past roles, especially in fast-paced environments. This will highlight your entrepreneurial drive and business acumen.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows your enthusiasm for joining the Brite team and being part of our exciting journey.
We think you need these skills to ace Banking Relationship Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Banking Relationship Manager role. Highlight your experience in transactional banking and any relevant negotiations you've done with banks. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to showcase your entrepreneurial drive and how you can contribute to Brite's mission. Don’t forget to mention your understanding of KYC and AML principles, as these are key for us.
Showcase Your Soft Skills:We value a positive attitude and relationship-building skills. In your application, share examples of how you've successfully collaborated with stakeholders in the past. This will help us see how you fit into our inclusive culture!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come in through our own channels!
How to prepare for a job interview at Brite AB
✨Know Your Banking Basics
Make sure you brush up on your knowledge of transactional banking, KYC, and AML principles. Being able to discuss these topics confidently will show that you understand the core responsibilities of a Banking Relationship Manager at Brite.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've successfully handled with banks or financial institutions. Highlight how you built long-term partnerships and navigated challenges, as this role requires strong negotiation skills and relationship management.
✨Understand Brite's Unique Value Proposition
Familiarise yourself with Brite Payments' Instant Payment Network and how it stands out in the fintech landscape. Be ready to discuss how you can contribute to expanding Brite’s market presence and enhancing bank relationships.
✨Demonstrate Your Solution-Oriented Mindset
Think of specific scenarios where you identified problems and implemented effective solutions in previous roles. This will resonate well with Brite's culture of innovation and problem-solving, showing that you're a proactive fit for their team.
