At a Glance
- Tasks: Process domestic and international payments while ensuring compliance and operational efficiency.
- Company: Join a dynamic banking environment with a focus on growth and teamwork.
- Benefits: Competitive salary, professional development, and a supportive team culture.
- Other info: Fast-paced environment with opportunities for career advancement.
- Why this job: Kickstart your career in finance and make an impact in payment operations.
- Qualifications: Experience in payments or banking operations is a plus; strong attention to detail required.
The predicted salary is between 28500 - 28500 € per year.
We are seeking a motivated and detail-oriented Payment Operations Senior Associate to join a growing Operations team within a fast-paced banking environment. This role will focus on the timely and accurate processing of domestic and international payment requests, supporting wholesale banking operations and ensuring high standards of operational efficiency, compliance, and client service.
This is an excellent opportunity for someone with payment operations or banking operations experience looking to further develop their career within a professional financial services environment.
Key Responsibilities- Monitor the daily flow of payment remittance requests raised by internal stakeholders
- Process domestic and international cross-border payment transactions accurately and within currency cut-off times
- Manage funding and currency positioning activities for Treasury reporting through the Request Management System (RMS)
- Upload FX deal tickets for currency buy/sell transactions
- Monitor incoming client monies and apply credits within the core banking system
- Process returns of funds to remitting banks using SWIFT messaging formats including MT199 and MT299
- Process Mastercard payments on a daily basis
- Raise and manage payment-related queries through CRM systems and follow up accordingly
- Ensure full adherence to AML, KYC, and internal compliance procedures
- Support the wider Operations team with additional tasks as required
- Previous experience within payments operations, banking operations, or financial services is desirable
- Understanding of inward and outward payment processing is advantageous
- Knowledge of SWIFT payment message types would be beneficial
- Exposure to FX transactions or treasury-related activities is desirable
- Familiarity with core banking systems such as Finacle is advantageous but not essential
- Awareness of AML, KYC, sanctions, and payment regulations is beneficial
- Strong attention to detail and ability to manage complex transactions accurately
- Excellent organisational and time management skills
- Strong communication and interpersonal skills
- Ability to work effectively under pressure and meet strict deadlines
- Team player with a proactive and reliable approach
The successful candidate will be methodical, self-driven, and highly dependable, with a strong work ethic and willingness to learn. You will be comfortable working within a fast-paced operational environment and able to manage multiple priorities while maintaining high levels of accuracy and professionalism.
Payment Operations Senior Associate in City of London employer: LJ Recruitment Limited
Join a dynamic and supportive team in the heart of London, where your contributions as a Payment Operations Senior Associate will be valued and recognised. We offer a collaborative work culture that prioritises employee growth through continuous training and development opportunities, alongside competitive benefits that enhance your work-life balance. Experience the excitement of working in a fast-paced banking environment, where your skills in payment operations will directly impact our commitment to operational excellence and client satisfaction.
StudySmarter Expert Advice🤫
We think this is how you could land Payment Operations Senior Associate in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and payments sector. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of payment operations and compliance regulations. We recommend practising common interview questions and scenarios related to payment processing to show you're ready for the role.
✨Tip Number 3
Showcase your skills! If you have experience with SWIFT messaging or FX transactions, make sure to highlight these in conversations. We want to see how your background aligns with the needs of the Payment Operations team.
✨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, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Payment Operations Senior Associate in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in payment operations or banking. We want to see how your skills match the role, so don’t be shy about showcasing relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about the Payment Operations Senior Associate role and how your background makes you a perfect fit for our team.
Showcase Attention to Detail:Since this role involves processing complex transactions, we’re looking for candidates who can demonstrate their attention to detail. Include examples in your application that highlight your accuracy and thoroughness.
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 LJ Recruitment Limited
✨Know Your Payments Inside Out
Make sure you brush up on your knowledge of payment operations, especially domestic and international transactions. Familiarise yourself with SWIFT messaging formats like MT199 and MT299, as well as AML and KYC regulations. This will show that you're not just interested in the role but also understand the intricacies involved.
✨Demonstrate Attention to Detail
In a role where accuracy is key, be prepared to discuss how you've managed complex transactions in the past. Bring examples that highlight your strong attention to detail and organisational skills. This will reassure the interviewers that you can handle the demands of the position.
✨Showcase Your Team Spirit
Since this role involves working closely with others, be ready to talk about your experiences as a team player. Share instances where you've collaborated effectively or supported your colleagues in a fast-paced environment. This will help convey that you’re reliable and proactive.
✨Prepare for Scenario Questions
Expect questions that put you in hypothetical situations related to payment processing or client queries. Think through how you would handle these scenarios, focusing on compliance and operational efficiency. This will demonstrate your problem-solving skills and ability to work under pressure.
