At a Glance
- Tasks: Manage and build relationships with banks to drive Brite's payment solutions.
- Company: Join a leading Swedish fintech revolutionising instant payments across Europe.
- Benefits: Inclusive culture, dynamic work environment, and opportunities for impactful contributions.
- Other info: Collaborative team atmosphere with a focus on innovation and growth.
- Why this job: Be part of a fast-paced team making real changes in the payment landscape.
- Qualifications: Experience in banking relationships 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... and you will be part of a team of fun and skilled people
Banking Relationship Manager in London employer: Brite Payments
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 that prioritises collaboration and creativity, allowing you to make a meaningful impact in the fast-evolving fintech landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Banking Relationship Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and fintech sectors. Attend industry events or webinars where you can meet potential employers and make a lasting impression.
✨Tip Number 2
Prepare for those interviews by researching Brite Payments and its competitors. Understand their products and services, especially around Instant Account-to-Account payments, so you can speak confidently about how you can contribute.
✨Tip Number 3
Showcase your negotiation skills! Think of examples from your past experiences where you successfully built relationships with banks or partners. This will demonstrate your ability to thrive in a role like Banking Relationship Manager.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Brite team.
We think you need these skills to ace Banking Relationship Manager in London
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 Brite is looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the fintech space and how you can contribute to Brite's mission. We love seeing enthusiasm and a clear understanding of our values.
Showcase Your Problem-Solving Skills:In your application, give examples of how you've tackled challenges in previous roles. We’re all about finding solutions, so let us know how you’ve navigated complex banking relationships or compliance issues in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re proactive and keen to join the Brite team!
How to prepare for a job interview at Brite Payments
✨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 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 market presence and enhancing bank relationships based on this understanding.
✨Demonstrate Your Solution-Oriented Mindset
Think of specific scenarios where you've identified problems and implemented effective 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 optimise bank relationships.
