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For Companies 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.
- Why this job: Join a leading bank and play a key role in payment operations.
- Qualifications: 1-2 years of banking payment processing experience and knowledge of payment schemes.
- Other info: Opportunity to engage in exciting payment-related projects within the bank.
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 London employer: JJ SEARCH LIMITED
Contact Detail:
JJ SEARCH LIMITED Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payment Operations Administrator , Payment Approvals, Banking in London
✨Tip Number 1
Network like a pro! Reach out to people in the banking sector, especially those who work in 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 wait for jobs to come to you! Actively apply through our website and keep an eye on new postings. The more applications you send, the better your chances of landing that dream job.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows your enthusiasm for the role and keeps you fresh in their minds.
We think you need these skills to ace Payment Operations Administrator , Payment Approvals, Banking in 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 experience!
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 any relevant projects you've worked on.
Showcase Your Problem-Solving Skills: In your application, give examples of how you've resolved issues in payment approvals or reconciliations. We love candidates who can confidently push back and find solutions, so let us know how you’ve done this 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 us during the process!
How to prepare for a job interview at JJ SEARCH LIMITED
✨Know Your Payment Processes
Make sure you brush up on your knowledge of payment schemes like BACS, CHAPS, and Faster Payments. Being able to discuss these processes confidently will show that you understand the core responsibilities of the Payment Operations Administrator role.
✨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 review any relevant software or online banking platforms you’ve used before. Be ready to discuss how you’ve navigated these systems in your previous roles and how you can adapt to new ones.
✨Show Your Communication Skills
As the point of contact for payment queries, strong communication is key. Prepare 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.
