At a Glance
- Tasks: Support daily virtual banking operations and analyse banking data for trends.
- Company: Join Corpay, a global leader in innovative commercial payments.
- Benefits: Enjoy 25 days holiday, private medical insurance, and access to online courses.
- Other info: Inclusive workplace with opportunities for growth and development.
- Why this job: Be part of a dynamic team shaping the future of banking solutions.
- Qualifications: 2+ years in banking analysis with strong analytical and communication skills.
The predicted salary is between 63000 - 77000 £ per year.
Corpay is currently looking to hire a Junior Banking Analyst working within our Virtual Banking and Payment Scheme function. This position falls under our Cross Border Solution line of business and is located in London, United Kingdom. In this role, you will support the Virtual Banking team with day-to-day operational, analytical, and client-related activities across our alternative and virtual banking solutions. You will assist with monitoring banking processes, data and process mapping, presentations building the future banking proposition for Corpay Cross-border division. You will report directly to the Head of Virtual Banking and Payment Schemes and regularly collaborate with Operations, Compliance, Risk, Product, Client Services, and Technology teams.
Role Responsibilities
- Supporting daily virtual banking operations, including virtual account activity, transaction monitoring, and banking-related processes.
- Maintaining structured mapping of virtual account and Global Banking Product providers across corridors and currencies, including scheme access, fees, resilience, and regulatory standing.
- Maintaining the master mapping of Corpay’s access to global payment schemes, including SWIFT, SEPA, SEPA Instant, FedNow, Same Day ACH, NPP, PIX, UPI, and others, covering access routes, currencies, and settlement timing.
- Reviewing and analysing banking data to identify trends, discrepancies, and operational issues.
- Communicating effectively with internal teams and external counterparties.
- Supporting the onboarding and ongoing maintenance of virtual banking products and services.
- Working closely with Treasury, Operations, Compliance, Product, and Technology teams to support efficient service delivery.
- Monitoring processes to ensure activities are completed accurately, on time, and in line with internal procedures.
- Preparing reports, presentations, summaries, and updates for internal stakeholders and external counterparties.
- Escalating issues, risks, and process gaps to the relevant teams in a timely manner.
- Supporting process-improvement initiatives across virtual banking operations.
- Maintaining accurate records and documentation in line with business and regulatory requirements.
Qualifications & Skills
- 2+ years of experience as Analyst in banking industry.
- Strong analytical skills with good attention to detail.
- Good understanding of banking, payments, virtual accounts, or financial operations would be advantageous.
- Comfortable working with data, reports, and operational processes.
- Strong communication skills and the ability to work with multiple internal stakeholders.
- Ability to manage priorities in a fast-paced environment.
- Proactive approach to problem-solving and issue resolution.
- Good working knowledge of Microsoft Excel and other Microsoft Office applications.
Benefits & Perks
- 25 days per annum + 8 bank holidays.
- Option to buy or sell up to 5 days annually during the benefits enrollment window.
- Employee contribution of 3% matched with 5% from Corpay.
- Private medical insurance provided by Vitality with no excess; Corpay covers £250 excess.
- Access to flexible discounts, supermarket savings, and more.
- Complimentary access to thousands of online courses.
- Volunteering days and engagement in fun company-wide contests and initiatives.
Junior Banking Analyst employer: Corpay
Corpay is an exceptional employer that fosters a dynamic work culture centred on innovation and collaboration, making it an ideal place for a Global Travel Operations Specialist. With a strong commitment to employee growth, we offer comprehensive training and development opportunities, ensuring that our team members thrive in their careers. Located in the heart of a vibrant city, our office provides a stimulating environment where you can engage with diverse colleagues and contribute to shaping the future of commercial payments.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Banking Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Corpay. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Junior Banking Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Corpay.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Corpay's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Corpay
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Corpay.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Corpay will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Corpay employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
