Payment Analyst

Payment Analyst

Coventry Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Payments Operations team to ensure accurate and timely processing of customer payments.
  • Company: Moneycorp is a global FinTech leader in foreign exchange and international payments with 45 years of experience.
  • Benefits: Enjoy competitive salary, 25 days holiday, flexible working, and private health insurance.
  • Why this job: Kickstart your career in payments with opportunities for learning and growth in a supportive environment.
  • Qualifications: No prior experience needed; just bring your attention to detail and eagerness to learn.
  • Other info: This is a full-time, office-based role in Coventry with options for remote work.

The predicted salary is between 28800 - 43200 £ per year.

Welcome to Moneycorp. We’re delighted you’re interested in being a part of Moneycorp. In the last decade, Moneycorp has transformed from a largely domestic, consumer-focused provider of foreign exchange to an end-to-end global payments ecosystem. Our 45 years of experience have given us an institutional pedigree, and our vision of eliminating friction in FX risk management and international payments continues to drive our innovations. We’re fervent about pursuing our goals, making substantial contributions to the payments industry, and consistently offering unwavering support to our clients at every stage of their journey. Moneycorp is a place where energy, commitment to our shared success and collaboration are core to our DNA.

We have an exciting opportunity for a Payment Analyst to join our Payments Operations team at Moneycorp on a full-time/permanent contract, based in our Coventry Office, West Midlands, reporting directly to the Operations Team Leader. The primary responsibility of this role is to ensure customer payments are processed accurately, timely, and compliantly. You will be operating within a designated payments team which is a function of the wider Payments Operations function covering FX settlements, reconciliations, and cash allocations for the international payments business. This is an entry-level role and therefore previous experience in payment processing is not necessary. The role provides an opportunity to learn about payments and all areas of payment operations within a global FinTech payments business.

What will make you successful in this role is having sharp attention to detail, the ability to follow processes and procedures consistently at a high standard, and the attitude/mindset to learn things quickly.

Skills that will help you in the role:

  • High interest in moving into a role processing FX, settlements, and reconciliations activities.
  • Prior experience with day-to-day banking and reconciliation activities such as client money reconciliations, cash management, and settlement of FX trades.
  • Some understanding of AML and Compliance requirements.
  • Proficient at establishing credibility quickly and building relationships with a range of stakeholders.
  • Ability to communicate effectively (both oral and written), stay calm and work well under pressure to meet competing deadlines.
  • Solution-focused approach and the ability to make objective and evidence-based decisions, and influence recommendations and decisions using insights.
  • Resilient to change, adapting to and supporting new situations with confidence.
  • Excellent analytical skills with the ability to think independently and draw conclusions.
  • Some knowledge and understanding of the banking sector specifically around payments and FX products.

This is a fantastic opportunity for someone to take on a fundamental role within the Payments Operations function, who is keen to get involved in multiple projects within an established growing international organisation. This provides amazing scope for both strategic and operational self-development.

Please note: This is a full-time, permanent position, office-based in our Coventry office as part of the Payments Operations team. However, we have an agile flexible working policy which enables you to work up to 2 days from home if desired.

What you get in return:

This role offers a competitive salary with commission or bonus, plus a comprehensive benefits package including 25 days holiday plus a day off for your birthday, pension, BUPA private medical health insurance and more.

Interested? If the role sounds like you, we invite you to upload a copy of your CV by clicking on the Apply button. Start Date: ASAP

Fostering a culture of belonging and inclusivity. We’re committed to creating a workplace where every individual feels valued, respected, and included. As an Equal Opportunity Employer, we actively cultivate an inclusive culture where diversity thrives, and we empower our colleagues to drive meaningful change within our organisation through initiatives like our DE&I focus groups and value champion network.

Payment Analyst employer: Moneycorp Bank Limited

At Moneycorp, we pride ourselves on being an exceptional employer, offering a vibrant work culture that champions collaboration and shared success. Our Coventry office provides a supportive environment where you can grow your skills in payment operations while enjoying a competitive salary, comprehensive benefits, and the flexibility of hybrid working. Join us to be part of a diverse team dedicated to innovation in the global payments landscape, where your contributions will truly make a difference.
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Contact Detail:

Moneycorp Bank Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Payment Analyst

✨Tip Number 1

Familiarise yourself with the basics of foreign exchange (FX) and payment processing. Understanding these concepts will not only help you in the interview but also show your genuine interest in the role.

✨Tip Number 2

Network with professionals in the payments industry, especially those who work at Moneycorp or similar companies. Engaging with them on platforms like LinkedIn can provide insights and potentially valuable referrals.

✨Tip Number 3

Prepare to discuss your problem-solving skills and how you've handled pressure in past experiences. This role requires a solution-focused approach, so having examples ready will demonstrate your fit for the team.

✨Tip Number 4

Research Moneycorp's values and culture. Being able to articulate how your personal values align with theirs during the interview can set you apart as a candidate who truly fits into their team.

We think you need these skills to ace Payment Analyst

Attention to Detail
Understanding of FX and Payment Processing
Knowledge of AML and Compliance Requirements
Effective Communication Skills
Analytical Skills
Ability to Work Under Pressure
Relationship Building
Problem-Solving Skills
Adaptability to Change
Basic Knowledge of Banking Sector
Time Management
Solution-Focused Approach

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant skills and experiences that align with the Payment Analyst role. Emphasise any experience with banking, reconciliations, or compliance, even if it's from academic projects or internships.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the payments industry and your eagerness to learn. Mention specific aspects of Moneycorp's mission that resonate with you and how you can contribute to their goals.

Highlight Attention to Detail: In your application, provide examples that demonstrate your attention to detail and ability to follow processes. This could be from previous work, studies, or personal projects where accuracy was crucial.

Showcase Communication Skills: Since effective communication is key in this role, include instances where you've successfully communicated complex information clearly, whether in writing or verbally. This will help illustrate your fit for the position.

How to prepare for a job interview at Moneycorp Bank Limited

✨Show Your Interest in Payments

Make sure to express your enthusiasm for the payments industry during the interview. Discuss any relevant knowledge you have about FX, settlements, and reconciliations, even if it's just from research or coursework.

✨Demonstrate Attention to Detail

Since the role requires sharp attention to detail, be prepared to provide examples of how you've successfully managed tasks that required precision. This could be from previous jobs, school projects, or even personal experiences.

✨Communicate Effectively

Practice clear and concise communication. Be ready to explain complex ideas simply, as this will show your ability to communicate with various stakeholders, which is crucial for a Payment Analyst.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills and ability to work under pressure. Think of scenarios where you had to make quick decisions or adapt to changes, and be ready to discuss them.

Payment Analyst
Moneycorp Bank Limited
M
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