At a Glance
- Tasks: Process domestic and international payments while ensuring accuracy and compliance.
- Company: Join a dynamic banking environment with a focus on operational efficiency.
- Benefits: Competitive salary, professional development, and a chance to grow in finance.
- Other info: Fast-paced team with opportunities for career advancement.
- Why this job: Kickstart your career in finance and make an impact in payment operations.
- Qualifications: Experience in payment or banking operations is a plus.
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
Payment Operations 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. Our company fosters a collaborative work culture that prioritises employee growth through continuous training and development opportunities, ensuring you thrive in your career within the fast-paced banking sector. Enjoy competitive benefits and the chance to make a meaningful impact in a professional financial services environment.
StudySmarter Expert Advice🤫
We think this is how you could land Payment Operations
✨Tip Number 1
Network like a pro! Reach out to folks in the banking and payment operations space. LinkedIn is your best mate here – connect, engage, and don’t be shy to ask for informational chats. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of payment processing and compliance standards. We recommend doing mock interviews with friends or using online platforms to get comfortable with common questions. Confidence is key!
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, whether at networking events or interviews, highlight your experience with domestic and international payments. Use specific examples to demonstrate how you've handled challenges in the past.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications that way!
We think you need these skills to ace Payment Operations
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in payment operations or banking. We want to see how your skills match the role, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about payment operations and how you can contribute to our team. Keep it concise but impactful!
Showcase Attention to Detail:In payment operations, accuracy is key. When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure everything is spot on!
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 terms like SWIFT messaging formats and FX deal tickets, as these are likely to come up during the interview.
✨Showcase Your Attention to Detail
Since this role requires a keen eye for accuracy, prepare examples from your past experience where your attention to detail made a difference. Whether it’s processing payments or managing queries, be ready to highlight how you ensure high standards in your work.
✨Demonstrate Your Problem-Solving Skills
Be prepared to discuss how you've handled payment-related queries or issues in the past. Think of specific scenarios where you successfully resolved a problem, as this will show your potential employer that you can handle the fast-paced environment they operate in.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions that show your interest in the role and the company. Inquire about their operational efficiency strategies or how they manage compliance in payment processing. This not only demonstrates your enthusiasm but also helps you gauge if the company is the right fit for you.
