At a Glance
- Tasks: Join our Global Payments team to process and manage payment transactions accurately.
- Company: Established banking environment with a focus on operational excellence.
- Benefits: Competitive salary, career growth, and a dynamic work culture.
- Other info: Proactive team players thrive in our collaborative environment.
- Why this job: Make an impact in the fast-paced world of payments operations.
- Qualifications: Degree in Finance or Business; 3-5 years in Banking Operations.
The predicted salary is between 29000 - 29000 £ per year.
We are seeking a highly motivated Senior Associate - Payments Operations to join a busy Global Payments team within a well-established banking environment. This is an excellent opportunity for an experienced banking operations professional with a strong understanding of domestic and international payments, SWIFT messaging, and operational controls.
The successful candidate will play a key role in ensuring the timely and accurate processing of payment transactions while maintaining compliance with regulatory and internal control requirements.
Key Responsibilities- Monitor the daily flow of payment remittance requests raised by internal stakeholders.
- Process domestic and international payment transactions accurately and within currency cut-off times, ensuring adherence to ISO20022 standards.
- Manage funding and currency positioning activities for Treasury reporting through the Request Management System (RMS).
- Upload FX deal tickets for currency buy and sell transactions.
- Monitor incoming client funds and apply credits within the core banking system.
- Process returns of funds to remitting banks using SWIFT message formats, including MT199 and MT299.
- Process Mastercard payments and bulk INR payment uploads on a daily basis.
- Raise and manage payment-related queries through CRM systems and ensure timely resolution.
- Manage reconciliation entries and investigate discrepancies.
- Liaise with internal departments to resolve operational queries.
- Ensure compliance with AML, KYC, sanctions screening and internal regulatory requirements.
- Support the wider Operations team with additional duties as required.
- Proactively manage tasks assigned by management and contribute to continuous process improvement.
- Degree in Finance, Business, or a related discipline.
- 3-5 years' experience within Banking Operations, Payments Operations, or Financial Services.
- Previous experience supervising or supporting team members is advantageous.
- Strong understanding of inward and outward payment processing.
- Knowledge of SWIFT payment message types and payment regulations.
- Experience with CHAPS, SWIFT and ISO20022 XML standards.
- Exposure to FX transactions and Treasury-related activities.
- Familiarity with core banking systems such as Finacle would be beneficial.
- Good understanding of AML, KYC, sanctions and financial crime controls.
- Strong Excel skills, including exposure to Macros.
- Excellent organisational skills with the ability to prioritise workloads and meet strict deadlines.
- Strong communication and stakeholder management skills.
- Ability to work effectively under pressure within a fast-paced environment.
- A proactive, reliable and team-oriented approach.
The ideal candidate will be detail-oriented, organised and committed to delivering operational excellence. You will possess strong problem-solving abilities, excellent attention to detail and the confidence to liaise with multiple stakeholders across the business while maintaining the highest standards of accuracy and compliance.
Senior Associate- Payments Operations in London employer: LJ Recruitment Limited
Join a dynamic and supportive team at our well-established banking environment in Hygeia House, where we prioritise employee growth and development. As a Senior Associate in Payments Operations, you will benefit from a collaborative work culture that encourages innovation and continuous improvement, alongside competitive salary packages and comprehensive training opportunities. Our commitment to compliance and operational excellence ensures that you will be part of a respected institution that values your contributions and fosters a rewarding career path.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Associate- Payments Operations in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and payments sector. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of SWIFT messaging and payment regulations. We recommend practising common interview questions related to payments operations. Show them you’re not just a candidate, but the candidate they need!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit for the Senior Associate position.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Make sure your application stands out by tailoring it to highlight your experience in payments operations and compliance. Let’s get you that job!
We think you need these skills to ace Senior Associate- Payments Operations in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Associate - Payments Operations role. Highlight your experience in banking operations, especially with payments and SWIFT messaging. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention any relevant experience with compliance and operational controls.
Showcase Your Skills:In your application, be sure to showcase your strong Excel skills and any experience with FX transactions or Treasury activities. We love seeing candidates who can demonstrate their technical abilities alongside their operational expertise.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we’ll be able to review your application quickly. Don’t miss out on this opportunity to join our team!
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 domestic and international payments, especially SWIFT messaging. Be ready to discuss how you've handled payment transactions in the past and any challenges you've faced.
✨Showcase Your Compliance Knowledge
Since compliance is key in this role, be prepared to talk about AML, KYC, and sanctions screening. Share specific examples of how you've ensured compliance in your previous roles to demonstrate your understanding.
✨Demonstrate Your Problem-Solving Skills
Think of a few scenarios where you've had to resolve operational queries or discrepancies. Highlight your approach to problem-solving and how you managed to keep things running smoothly under pressure.
✨Be Ready for Technical Questions
Expect questions about ISO20022 standards and core banking systems like Finacle. Brush up on your Excel skills too, as they might ask about your experience with Macros or data management.
