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For Companies At a Glance
- Tasks: Manage daily reconciliations and support payment operations in a fast-paced environment.
- Company: Join Modulr, a leader in embedded payments with a collaborative culture.
- Benefits: Enjoy share options, flexible benefits, 33 days holiday, and wellbeing support.
- Why this job: Make an impact in financial operations while developing your skills in a dynamic team.
- Qualifications: Experience in reconciliations or payments, strong Excel skills, and a proactive mindset.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
The predicted salary is between 28800 - 43200 £ per year.
Do you have experience working with reconciliations or payment schemes? Do you want to work in a fast-paced environment supporting critical financial operations? Do you want to contribute to new product initiatives while developing your expertise in embedded payments? If so, we’d love to hear from you!
Who We Are
Our vision is a world where all businesses are powered by embedded payments. Modulr enables businesses, from SMEs to Enterprise, initially across the UK and Europe, to efficiently pay-in, collect and disburse funds instantly via a range of payment schemes, accounts, and card products.
What You’ll Do
- Prepare and complete daily client money and bank reconciliations within established deadlines, following the company’s reconciliation policy.
- Identify, investigate, and resolve non-reconciled items, escalating and driving root cause analysis to prevent recurrence.
- Monitor real-time payment and transaction flows, identifying trends or potential reconciliation issues.
- Support the accurate processing of client money transactions across schemes including Faster Payments, BACS, CHAPS, SEPA, Direct Debits, card transactions, and FX.
- Collaborate with internal teams and external providers to resolve reconciliation and payment queries in line with regulatory and scheme requirements.
- Act as a subject matter expert, supporting new product initiatives, reporting, incident management, and continuous improvement activities.
Who You Are
What You’ll Need
- A proactive approach to leveraging emerging technologies, including AI, to enhance operational efficiency and decision-making.
- Previous experience in reconciliations, payments, or treasury within an operational team.
- Solid understanding of at least one UK or international payment scheme.
- Strong multi-tasking, prioritisation, and time management skills; adaptable and resilient.
- Excellent Excel skills and awareness of Snowflake / SQL queries or similar.
Nice to Haves
- Experience working with Electronic Money Institution (EMI) regulations.
- Familiarity with root cause analysis techniques.
- Exposure to card payments or FX processes.
What We Offer You
- Share Options – We offer a Company Share Option Plan (CSOP), giving you the opportunity to benefit from any increase in share value in the event of a sale, merger, or flotation.
- Bonus – Our annual discretionary bonus, paid in May for the previous year, is based on both company and individual performance.
- Flexible benefits – £1000 to spend on benefits to suit you, including private medical insurance, gym membership, dental etc.
- Wellbeing app – Confidential, on-demand access to therapy, coaching, counselling, management training or mindfulness sessions with accredited professionals.
- Holidays – 33 days annual leave (including bank holidays) plus your birthday off. UK Christmas Day, Boxing Day, and New Year’s Day are fixed holidays; the remaining days are flexible.
- Learning opportunities – Our two-day onboarding program, ModStart, equips you for success, with ongoing development support throughout your career.
- Company-Wide Events – Participate in collaborative and engaging events with colleagues across the business.
- Bike to Work / E-bike Scheme.
ModInclusion
At Modulr, we’re committed to building a diverse, equitable and inclusive culture where everyone feels they belong and can bring their whole self to work. We welcome applications from candidates of all backgrounds as we believe it’s the right thing for our people, our business, and the community we operate in.
Payments Operations Analyst employer: Modulr
Contact Detail:
Modulr Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payments Operations Analyst
✨Tip Number 1
Get to know the company inside out! Before your interview, dive into Modulr's mission and values. Understanding what drives us will help you tailor your responses and show that you're genuinely interested in being part of our team.
✨Tip Number 2
Practice makes perfect! Prepare for common interview questions related to reconciliations and payment schemes. We recommend doing mock interviews with friends or using online resources to boost your confidence and refine your answers.
✨Tip Number 3
Show off your skills! Bring examples of how you've tackled reconciliation issues or improved processes in previous roles. We love seeing candidates who can demonstrate their problem-solving abilities and adaptability in a fast-paced environment.
✨Tip Number 4
Don’t forget to follow up! After your interview, send a thank-you email expressing your appreciation for the opportunity. It’s a great way to reinforce your interest in the role and keep you fresh in the interviewer's mind.
We think you need these skills to ace Payments Operations Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payments Operations Analyst role. Highlight your experience with reconciliations and payment schemes, as well as any relevant skills like Excel or SQL. We want to see how your background fits with what we do!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about embedded payments and how your proactive approach can contribute to our team. Keep it concise but engaging – we love a good story!
Showcase Your Skills: Don’t forget to showcase your skills in multi-tasking and time management. Give examples of how you've successfully handled multiple tasks in a fast-paced environment. We’re looking for adaptable and resilient candidates who can thrive under pressure!
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 see all the details about the role and our company culture. We can’t wait to hear from you!
How to prepare for a job interview at Modulr
✨Know Your Reconciliation Stuff
Make sure you brush up on your reconciliation skills and understand the payment schemes mentioned in the job description. Be ready to discuss your previous experiences with reconciliations and how you've tackled any challenges.
✨Show Off Your Tech Savvy
Since the role involves leveraging emerging technologies, be prepared to talk about how you've used tools like Excel, Snowflake, or SQL in your past roles. Share specific examples of how these tools helped you improve operational efficiency.
✨Be a Problem Solver
The company values proactive problem-solving, so think of instances where you've identified and resolved non-reconciled items or payment issues. Highlight your analytical skills and your approach to root cause analysis.
✨Demonstrate Team Spirit
Collaboration is key in this role, so come ready to discuss how you've worked with internal teams or external providers to resolve queries. Show that you're a team player who can communicate effectively and drive initiatives forward.
