Payments Processing Associate

Payments Processing Associate

Full-Time 36000 - 60000 € / year (est.) No home office possible
Insignis

At a Glance

  • Tasks: Join our team to process payments and manage client accounts with precision.
  • Company: Exciting FinTech company in Cambridge, focused on growth and innovation.
  • Benefits: 25 days holiday, private medical insurance, and wellness discounts.
  • Other info: Enjoy hybrid working with team lunches and monthly happy hours.
  • Why this job: Make a real impact in a dynamic environment while developing your career.
  • Qualifications: 3+ years in payment operations and strong analytical skills required.

The predicted salary is between 36000 - 60000 € per year.

We are a growing FinTech company looking for a talented and enthusiastic individual to join our team. We are expanding, making this a perfect position if you would like to have a significant impact on our company’s growth and develop your role and career as the business evolves. You will join a team where your ideas will be welcomed and valued.

We are currently recruiting for a Payment Processing Associate to join our dynamic and growing team in Cambridge. We are looking for a highly motivated individual with a keen interest in payments or back-office operations within the financial sector. You will be working within an established team that is the back office of our operations, receiving ample support so that you can be successful in your role. Our ideal candidate will demonstrate integrity, be detail-oriented, and be a personable and confident individual.

Payment Processing

  • Opening, processing, and funding accounts on behalf of clients, including:
    • Check high-value transactions to fund the accounts opened
    • Recording confirmations of transactions on our systems
    • Confirming with internal teams on all payments executed daily
    • Communicating with banking partners regarding account openings and the execution of payments to and from them
    • Preparation of accurate File instruction from offline spreadsheets
    • Operational Reconciliations
    • Platform Management
    • Uploading interest earned to client accounts portfolio
    • Updating platform entries to reflect deposits and withdrawals to client accounts
    • Ensuring accurate recordings of product references and dates in line with deposits
    • Uploading client deposits to the platform in line with internal processes
    • Managing and circulating posts and cheques received into the office

Qualifications

We work in an FCA-regulated environment, handling millions of pounds of client cash every day, so we need bright, high-quality individuals. Experience and skills required for the role:

  • 3+ years’ experience in Payment operations
  • Strong analytical skills, with experience with Excel
  • Able to work without supervision, focusing on the interactions between different parts of the business and our banking partners, to deliver the required outcomes
  • Accuracy and excellent attention to detail
  • Excellent numeracy skills

Benefits include:

  • 25 days holiday (exc. Bank holidays)
  • Pension contributions
  • Private medical insurance
  • Employee health and wellness discounts
  • Cycle to Work Scheme
  • Monthly happy hours and team lunches
  • Lunch and learn training sessions

Working Pattern

Hybrid working pattern in the London office, 3 days in the office, 2 days remote.

Payments Processing Associate employer: Insignis

As a rapidly growing FinTech company based in Cambridge, we pride ourselves on fostering a collaborative and innovative work culture where your contributions are not only welcomed but celebrated. With a strong focus on employee growth, we offer extensive benefits including private medical insurance, generous holiday allowances, and opportunities for professional development through training sessions. Join us to be part of a dynamic team that values integrity and attention to detail while making a significant impact in the financial sector.

Insignis

Contact Detail:

Insignis Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Payments Processing Associate

Tip Number 1

Network like a pro! Reach out to people in the FinTech space, especially those who work at companies you're interested in. A friendly chat can open doors and give you insights that job descriptions just can't.

Tip Number 2

Prepare for interviews by practising common questions related to payments and back-office operations. We recommend using the STAR method to structure your answers – it helps you showcase your experience effectively!

Tip Number 3

Show off your analytical skills! Bring examples of how you've used Excel or other tools to solve problems in past roles. This will demonstrate your capability and attention to detail, which are key for the Payments Processing Associate role.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect directly with us.

We think you need these skills to ace Payments Processing Associate

Payment Operations
Analytical Skills
Excel
Attention to Detail
Numeracy Skills
Communication Skills
Operational Reconciliations

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your payment operations experience and analytical skills, as these are key for us at StudySmarter.

Craft a Compelling Cover Letter:Use your cover letter to showcase your enthusiasm for the role and our company. Share specific examples of how you've demonstrated integrity and attention to detail in previous roles, as we value these traits highly.

Showcase Your Analytical Skills:Since strong analytical skills are crucial for this position, consider including a brief example of how you've used Excel or other tools to solve a problem or improve a process in your past work.

Apply Through Our Website:We encourage you to apply directly through our website. This way, we can ensure your application gets the attention it deserves, and you can easily keep track of your application status!

How to prepare for a job interview at Insignis

Know Your Payments Inside Out

Make sure you brush up on your knowledge of payment processing and back-office operations. Familiarise yourself with common terms and processes in the financial sector, as this will show your enthusiasm and understanding of the role.

Showcase Your Analytical Skills

Since strong analytical skills are a must for this position, prepare to discuss specific examples where you've used Excel or other tools to analyse data. Think about how you can demonstrate your attention to detail and accuracy in past roles.

Be Personable and Confident

This role requires a personable individual, so practice your communication skills. Be ready to engage with the interviewers, share your ideas, and show that you can work well within a team. Confidence can make a big difference!

Prepare Questions for Them

Interviews are a two-way street! Prepare thoughtful questions about the company culture, team dynamics, and how your role will evolve as the business grows. This shows your genuine interest in contributing to their success.