At a Glance
- Tasks: Manage bank relationships and drive operational efficiency in a fast-paced fintech environment.
- Company: Join Brite Payments, a leading Swedish fintech revolutionising instant payments across Europe.
- Benefits: Inclusive culture, dynamic work environment, and opportunities to make an impact from day one.
- Other info: Work in a flat organisation with friendly colleagues and fast decision-making.
- Why this job: Be part of a team that values collaboration and innovation in the payment landscape.
- Qualifications: Experience in transactional banking and strong negotiation skills with a solution-oriented mindset.
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
... and you will be part of a team of fun and skilled people.
Banking Relationship Manager employer: Brite Payments
Brite Payments is an exceptional employer that fosters a dynamic and inclusive culture, allowing employees to thrive in a fast-paced fintech environment. With a focus on innovation and collaboration, team members are empowered to make a significant impact from day one, while enjoying opportunities for personal and professional growth. Located in the vibrant city of Stockholm, Brite offers a unique chance to work at the forefront of the payment landscape alongside skilled colleagues who value teamwork and creativity.
StudySmarter Expert Advice🤫
We think this is how you could land Banking Relationship Manager
✨Tip Number 1
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 to reach out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show your passion for payments! When you get the chance to chat with potential employers, make sure to express your enthusiasm for the industry. Share your insights on trends and innovations in A2A payments – it’ll show you’re not just looking for any job, but that you genuinely want to be part of the Brite team.
✨Tip Number 3
Prepare for those interviews! Research Brite Payments thoroughly and understand their Instant Payment Network. Be ready to discuss how your skills in relationship management and negotiation can help them grow their bank partnerships. Tailor your examples to fit their needs!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining Brite. Don’t forget to follow up after applying – a little nudge can go a long way!
We think you need these skills to ace Banking Relationship Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Banking Relationship Manager role. Highlight your knowledge of transactional banking and any relevant negotiation experience to catch our eye!
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. Be sure to mention your understanding of KYC and AML principles, as these are key for us.
Showcase Your Communication Skills:Since this role involves maintaining relationships with bank partners, demonstrate your communication prowess in your application. Share examples of how you've built collaborative partnerships in the past.
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 from our team!
How to prepare for a job interview at Brite Payments
✨Know Your Banking Basics
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 Payments.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've successfully handled with banks or financial institutions. Highlight how you built long-term relationships and navigated challenges, as this role requires strong negotiation skills and the ability to foster collaborative partnerships.
✨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 their bank relationships and enhancing operational efficiency.
✨Demonstrate Your Solution-Oriented Mindset
Think of specific scenarios where you've identified problems and implemented solutions in a fast-paced environment. This will resonate well with Brite's culture of innovation and their need for someone who can adapt and thrive under pressure.
