Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Process cheques and payments accurately while ensuring compliance with banking regulations.
- Company: Join the State Bank of India UK Limited, a leader in the banking sector.
- Benefits: Gain valuable experience, competitive salary, and opportunities for career advancement.
- Other info: Collaborative environment with strong support from team members.
- Why this job: Be part of a dynamic team and make a real impact in the banking industry.
- Qualifications: Familiarity with Microsoft Office and knowledge of banking regulations required.
The predicted salary is between 25000 - 32000 £ per year.
The role encompasses the business activities of State Bank of India UK Limited. It involves ensuring that all tasks listed below are completed accurately, within established cut-off times, and in full compliance with risk management standards, maintaining a high level of precision and error-free execution.
Job Responsibility
- Processing inward clearing cheques, BACS credit and debit files with returns on cut off time to avoid risk/loss to the Bank.
- Checking whether stop payments and cancellation are in place and actioned when it comes to payment/clearing.
- Ensure customer chargeback queries are taken up with MasterCard on time and tracking of chargeback on a regular basis.
- Ensure all customer-related queries are attended in CRM/RMS.
- Debit card reconciliation and related issues.
- Processing the outward clearing and rejection entries after checking whether total is tallied.
- Monitoring and setting up standing orders instructions in line with the customer's request.
- Ensure that all faster payments requests are processed with necessary approvals in line with our policy and customer signature is matched.
- Coordinating with other departments/branches in case of any queries related to clearing work.
- Assisting the team members to get the job done on time.
- Reconciliation of internal accounts.
- Ensure that all day to day is completed at the end of the day.
- Other day to day work for department.
Competency
- Conversant with Microsoft Office.
- Strong knowledge and experience of Finacle and other banking applications.
- Has strong knowledge of banking regulations and the AML and KYC procedures of the Bank.
Key Interactions/Networks
- Team members within the Operations team.
- Internal stakeholders.
- Branches and Call Centre.
Junior Associate employer: LJ Recruitment
Contact Detail:
LJ Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Associate
✨Tip Number 1
Network like a pro! Reach out to current employees at State Bank of India UK Limited on LinkedIn. A friendly message can go a long way in getting your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of banking regulations and AML/KYC procedures. We want you to show off your expertise and impress the hiring team!
✨Tip Number 3
Practice common interview questions related to operations and customer service. We recommend doing mock interviews with friends or family to build your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed, and we’re excited to see what you bring to the table.
We think you need these skills to ace Junior Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Junior Associate role. Highlight any relevant experience you have with banking applications, compliance, and customer service. We want to see how your skills match what we're looking for!
Craft a Catchy Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about the role and how you can contribute to our team. Keep it concise but engaging – we love a bit of personality!
Showcase Your Skills: Don’t forget to mention your proficiency in Microsoft Office and any experience with Finacle or similar banking software. We’re keen on candidates who are tech-savvy and understand banking regulations, so make sure to highlight these!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, it shows you’re serious about joining our team at State Bank of India UK Limited!
How to prepare for a job interview at LJ Recruitment
✨Know Your Banking Basics
Make sure you brush up on your knowledge of banking regulations, especially AML and KYC procedures. Being able to discuss these topics confidently will show that you're serious about the role and understand the industry's standards.
✨Familiarise Yourself with Finacle
Since the job requires experience with Finacle and other banking applications, take some time to get familiar with them. If you can demonstrate your understanding or even share a relevant experience during the interview, it’ll definitely set you apart from other candidates.
✨Practice Precision and Attention to Detail
Given the emphasis on accuracy in this role, prepare examples from your past experiences where you successfully managed tasks that required high precision. This could be anything from handling financial data to managing customer queries—show them you can deliver error-free work!
✨Engage with Team Dynamics
The role involves a lot of teamwork and interaction with various departments. Be ready to discuss how you've collaborated with others in previous roles. Highlighting your ability to assist team members and coordinate effectively will demonstrate that you’re a great fit for their operations team.