At a Glance
- Tasks: Join our Global Payments team to ensure accurate and timely processing of payment transactions.
- Company: Established banking environment with a focus on operational excellence.
- Benefits: Competitive salary up to £29,000 and opportunities for professional growth.
- Other info: Dynamic role with a proactive team-oriented culture.
- Why this job: Make an impact in the fast-paced world of payments and compliance.
- Qualifications: Degree in Finance or Business and 3-5 years in Banking Operations.
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.
Payment Operations in Harrow employer: LJ Recruitment
Join our dynamic team at Hygeia House, where we prioritise employee growth and development in a supportive banking environment. As a Senior Associate in Payments Operations, you will benefit from a collaborative work culture that values innovation and continuous improvement, alongside competitive salary packages and opportunities for professional advancement. Our commitment to compliance and operational excellence ensures that you will be part of a team that is not only dedicated to delivering exceptional service but also to fostering a rewarding career path.
StudySmarter Expert Advice🤫
We think this is how you could land Payment Operations in Harrow
✨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 asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of SWIFT messaging and payment regulations. We recommend creating a cheat sheet of key terms and concepts. This way, you’ll feel confident discussing your expertise and how it aligns with the role.
✨Tip Number 3
Showcase your problem-solving skills! During interviews, share specific examples of how you’ve tackled challenges in payment operations. We love hearing about real-life scenarios where you’ve made a difference, so don’t hold back!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for passionate candidates who are eager to join our team and contribute to operational excellence.
We think you need these skills to ace Payment Operations in Harrow
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Payment Operations role. Highlight your experience with domestic and international payments, SWIFT messaging, and any relevant operational controls. 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 in banking operations makes you a perfect fit. We love seeing enthusiasm and a personal touch!
Showcase Relevant Experience:When filling out your application, be sure to showcase your experience with payment processing, compliance, and any specific systems like Finacle or Excel. We’re keen on candidates who can demonstrate their expertise in these areas.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at LJ Recruitment
✨Know Your Payments Inside Out
Make sure you brush up on your knowledge of domestic and international payment processes, especially SWIFT messaging and ISO20022 standards. Being able to discuss these topics confidently will show that you're not just familiar with the basics but have a solid understanding of the intricacies involved.
✨Showcase Your Organisational Skills
Prepare examples that highlight your ability to manage multiple tasks and prioritise effectively. Think of situations where you successfully met strict deadlines or resolved operational queries under pressure. This will demonstrate your organisational prowess, which is crucial for the role.
✨Be Ready for Compliance Questions
Since compliance is key in payments operations, be prepared to discuss AML, KYC, and sanctions screening. Familiarise yourself with relevant regulations and think of instances where you've ensured compliance in your previous roles. This will show that you take regulatory requirements seriously.
✨Engage with Stakeholders
Highlight your communication skills by preparing to discuss how you've liaised with various stakeholders in the past. Share specific examples of how you managed payment-related queries or collaborated with internal departments to resolve issues. This will illustrate your ability to work effectively in a team-oriented environment.
