At a Glance
- Tasks: Monitor and process daily payment operations, ensuring approvals and reconciliations.
- Company: A highly regarded UK bank with a strong reputation.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Other info: Opportunity to engage in exciting payment-related projects within the bank.
- Why this job: Join a key role in banking operations and make an impact on financial processes.
- Qualifications: 1-2 years of banking payment processing experience and knowledge of payment schemes.
The predicted salary is between 36000 - 60000 € per year.
The Client
Our client is a highly regarded UK bank.
The Role
The Payment Operations Administrator will be responsible for monitoring and processing of day-to-day payment operation activity for the centralised function including STP payment release, reconciliations and the daily management of company balances. The Payment Operations Administrator will ensure that all outgoing STP payments are approved and released in accordance with the relevant mandate, with any exceptions to be resolved, coordinating with key stakeholders as appropriate, and recorded in line with policy, escalating issues and complaints and recording promptly as they occur. The Payment Operations Administrator will be the point of contact for payment related queries, from internal and external sources. Ensure sufficient balances in Nostro accounts to meet daily cashflow requirements, confirming high value transactions with respective desks to ensure efficient funding. Complete daily reconciliations of Nostro accounts, documenting and leading the resolution of any exceptions. The Payment Operations Administrator will have the opportunity to get involved in payment related project work within the Bank.
Candidate
- 1-2 years experience of banking payment processing and reconciliation investigations.
- An understanding of payments schemes (BACS, CHAPS, Faster Payments, Cheque clearing and SWIFT).
- Experience approving banking payments – essential!
- Confident to push back with the business regarding any issues that need to be resolved, regarding approval processes etc.
- Knowledge of working with Banking Systems (Including Online Banking).
Payment Operations Administrator , Payment Approvals, Banking in City of London employer: JJ SEARCH LIMITED
As a highly regarded UK bank, we pride ourselves on fostering a dynamic and inclusive work environment where our employees can thrive. With a strong emphasis on professional development, we offer numerous growth opportunities and encourage our team members to engage in meaningful projects that enhance their skills. Our commitment to employee well-being is reflected in our comprehensive benefits package and supportive culture, making us an excellent employer for those seeking a rewarding career in banking.
StudySmarter Expert Advice🤫
We think this is how you could land Payment Operations Administrator , Payment Approvals, Banking in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the banking sector, especially those who work with payment operations. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of payment schemes like BACS and CHAPS. We want you to be able to discuss these confidently, showing that you're ready to tackle the role head-on.
✨Tip Number 3
Don’t just apply anywhere; focus on roles that excite you! Use our website to find positions that match your skills in payment processing and reconciliation. We’ve got your back!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind. Plus, it shows your enthusiasm for the role, which is always a bonus.
We think you need these skills to ace Payment Operations Administrator , Payment Approvals, Banking in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in banking payment processing and reconciliation. We want to see how your skills match the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Payment Operations Administrator role. Mention your understanding of payment schemes and your experience with banking systems to grab our attention.
Be Clear and Concise:When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, especially when it comes to your experience with approving banking payments and resolving issues.
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’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at JJ SEARCH LIMITED
✨Know Your Payment Schemes
Make sure you brush up on your knowledge of payment schemes like BACS, CHAPS, and Faster Payments. Being able to discuss these confidently will show that you understand the core responsibilities of the role and can handle payment processing effectively.
✨Prepare for Scenario Questions
Expect questions about how you would handle specific payment-related issues or exceptions. Think of examples from your past experience where you successfully resolved similar situations, as this will demonstrate your problem-solving skills and ability to work under pressure.
✨Familiarise Yourself with Banking Systems
Since the role involves working with banking systems, it’s a good idea to familiarise yourself with any relevant online banking platforms. If you have experience with specific systems, be ready to discuss how you used them in your previous roles.
✨Show Your Communication Skills
As the point of contact for payment queries, strong communication is key. Be prepared to talk about how you’ve effectively communicated with stakeholders in the past, especially when pushing back on issues. This will highlight your ability to manage relationships and resolve conflicts.
