At a Glance
- Tasks: Process domestic and international payments accurately in a fast-paced banking environment.
- Company: Join a dynamic team in a growing financial services company.
- Benefits: Competitive salary, professional development, and a supportive work culture.
- Other info: Fast-paced environment with opportunities for growth and learning.
- Why this job: Kickstart your career in finance while making a real impact on 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.
Location: London
Salary: £28,500 per annum
Working Pattern: Full-time | Fully Office Based
The Opportunity
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
Skills & Experience
- 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
What We're Looking For
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 in City of London employer: LJ Recruitment
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 in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the banking and payment operations field on LinkedIn. A friendly message can go a long way, and 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 payment processing and compliance regulations. We recommend practising common interview questions related to AML and KYC to show you're ready for the role.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your career goals. Check out our website for roles that match your skills in payment operations, and make sure to tailor your approach to each one!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the position. It’s a small gesture that can make a big difference in the hiring process.
We think you need these skills to ace Payment Operations 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 what we're looking for, 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 the perfect fit for the Payment Operations Senior Associate role. Share your passion for the industry and how you can contribute to our team.
Showcase Attention to Detail:Since this role requires accuracy in processing payments, make sure your application is free from typos and errors. We appreciate candidates who take the time to double-check their work!
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
✨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
Since this role requires a strong focus on accuracy, prepare examples from your past experiences where your attention to detail made a difference. Whether it was processing payments or managing complex transactions, be ready to share how you ensured everything was spot on.
✨Showcase Your Organisational Skills
In a fast-paced environment, being organised is key. Think of times when you successfully managed multiple priorities or met tight deadlines. Highlighting these experiences will demonstrate your ability to thrive under pressure, which is crucial for this position.
✨Be Ready for Scenario Questions
Expect questions that put you in real-life scenarios related to payment operations. Prepare to discuss how you would handle payment-related queries or manage funding activities. This will help the interviewers see your problem-solving skills and how you approach challenges in the banking sector.
