Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support daily banking operations and ensure accurate processing of payments.
- Company: Join a dynamic banking team in West London with a focus on growth.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Fast-paced environment with opportunities for career advancement.
- Why this job: Kickstart your career in banking operations and make a real impact.
- Qualifications: Detail-oriented with good Microsoft Office skills; banking knowledge is a plus.
The predicted salary is between 27000 - 27000 £ per year.
We are seeking a detail-oriented and motivated Junior Associate to join our Operations team in West London. This is an excellent opportunity for someone looking to build a long-term career within banking operations and payments processing in a fast-paced and professional environment. The successful candidate will support the day-to-day operational activities of the clearing team, ensuring all processes are completed accurately, within deadlines, and in line with internal controls and regulatory requirements.
Key Responsibilities
- Process inward clearing cheques, BACS credit/debit files, and related returns within required cut-off times
- Handle outward clearing and rejection entries, ensuring balances and totals reconcile correctly
- Monitor and process standing order instructions in line with customer requests
- Process Faster Payment requests, ensuring approvals and signature verification are completed in accordance with policy
- Check and action stop payments and cancellations related to payment processing
- Manage debit card reconciliations and investigate related queries
- Support customer chargeback queries and liaise with relevant payment providers within required timelines
- Ensure all customer queries are managed efficiently through CRM/RMS systems
- Reconcile internal accounts and support daily operational controls
- Liaise with branches and internal departments regarding operational and clearing-related queries
- Assist team members to ensure all daily tasks are completed accurately and on time
- Carry out additional departmental administrative and operational duties as required
Skills & Experience Required
- Good working knowledge of Microsoft Office
- Experience using Finacle and other banking applications is advantageous
- Understanding of banking regulations, AML, and KYC procedures
- Excellent attention to detail and accuracy
- Strong verbal and written communication skills
- Ability to work independently and manage workload effectively
- Strong interpersonal skills with a collaborative approach to problem-solving
About You
You will be highly organised, reliable, and able to work effectively in a busy operational environment. You will take pride in delivering accurate work, meeting deadlines, and maintaining high professional standards at all times.
Junior Associate - Banking Operations employer: LJ Recruitment
Contact Detail:
LJ Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Associate - Banking Operations
✨Tip Number 1
Network like a pro! Reach out to people in the banking operations field on LinkedIn or at local events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to banking operations. We recommend role-playing with a friend to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Bring examples of how you've handled tasks similar to those in the job description. This will help you stand out as a candidate who’s ready to hit the ground running.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed, and we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Junior Associate - Banking Operations
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Junior Associate role. Highlight any relevant experience in banking operations or payments processing, and don’t forget to showcase your attention to detail and organisational skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about banking operations and how your skills align with our needs. Keep it concise but engaging – we want to see your personality!
Showcase Your Skills: In your application, be sure to mention your proficiency with Microsoft Office and any experience with banking applications like Finacle. If you’ve got knowledge of banking regulations, AML, or KYC procedures, shout about it!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. We can’t wait to hear from you!
How to prepare for a job interview at LJ Recruitment
✨Know Your Banking Basics
Make sure you brush up on your knowledge of banking operations, especially around processes like cheque clearing and BACS. Understanding the basics of AML and KYC procedures will show that you're serious about the role and can hit the ground running.
✨Show Off Your Attention to Detail
Since this role requires a keen eye for detail, be prepared to discuss examples from your past experiences where your attention to detail made a difference. Whether it’s catching an error in a report or ensuring compliance with regulations, these stories will highlight your suitability for the position.
✨Familiarise Yourself with Relevant Software
If you have experience with Microsoft Office or banking applications like Finacle, make sure to mention it. If not, consider doing a quick online tutorial to get familiar with these tools. This will demonstrate your willingness to learn and adapt to the systems used in the role.
✨Prepare Questions About the Role
Interviews are a two-way street, so come armed with questions about the team dynamics, daily tasks, and how success is measured in the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.