At a Glance
- Tasks: Analyse operations and manage payments for a leading international bank.
- Company: Join a prestigious international bank based in London.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Other info: Fast-paced environment with opportunities to innovate and excel.
- Why this job: Be part of a strategic team shaping the future of banking operations.
- Qualifications: 3 years of experience in banking and strong analytical skills required.
The predicted salary is between 32500 - 32500 £ per year.
We are inviting applications for an Operations Analyst based in London for an international bank. Be both strategic and tactical for the payments operations of the bank, taking responsibilities for data-input in the Equation core banking system.
Essential technical knowledge in multiple payment areas:
- Clear understanding of Equation payment modules
- Agency Bank - Faster Payments processing
- Agency Bank - Customer BACS payments
- Agency Bank - BACS/CHAPS payment to aggregators using RBS bankline direct portal
- Agency Bank - Daily Electronic clearing using Equation system
- Swift Payments processing using Equation
- Real Estate Loans on-boarding in Equation
- Real Estate Loans servicing in Equation
- Managing aggregator deposits in Equation and servicing of withdrawal and new setup requests from counterparties
- High level of accuracy and attention to detail when manually posting journals in the Equation system under tight deadlines and heavy workloads
- Strong understanding of Nostro reconciliation processes, including daily investigation and clearance of outstanding entries and payment exceptions
Tools or Equipment Used:
- MS Office suite
- DataStore
- Internet
- Equation
Key Skills & Requirements:
- Ideally minimum 3 years relevant industry experience
- Understanding of banking instruments, procedures and dealing practices
- Knowledge of various range of payment services including SWIFT, BACS, FPs and Electronic Clearing
- Knowledge of PSD/PSD2 is an advantage but not essential
- Understanding and knowledge of business processes management and systems
- Design automation for the use of technology as an enabler of high quality services and performance levels
- Good analytical, reporting and spreadsheet skills
- Ability to meet timelines, good written and verbal communication skills
- Innovative and commercially astute individual with expertise in payments area in regulated financial services
Risk Competencies:
- Analytical Skills - you will need to demonstrate the ability to assess data and convert it into information that helps support decisions
- Industry and Market Knowledge - you will need to demonstrate the ability to understand industry practice, typical data ranges and product solutions
- Soft skills - you will need to demonstrate the ability to negotiate and influence communication & presentation, ability to work with stress and pressure
Operations Analyst in City of London employer: Quantum Group
As an international bank based in London, we pride ourselves on fostering a dynamic and inclusive work environment that encourages professional growth and innovation. Our Operations Analysts benefit from comprehensive training programmes, competitive remuneration, and a strong emphasis on work-life balance, making it an ideal place for those seeking to advance their careers in the financial services sector. Join us to be part of a team that values accuracy, attention to detail, and the pursuit of excellence in payments operations.
StudySmarter Expert Advice🤫
We think this is how you could land Operations Analyst in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the banking and payments sector on LinkedIn. A friendly message can go a long way, and you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Equation and payment processes. We recommend creating a cheat sheet with key terms and concepts so you can impress your interviewers with your expertise.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to make decisions in past roles. We love seeing candidates who can turn numbers into actionable insights.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for innovative thinkers who can help us improve our operations.
We think you need these skills to ace Operations Analyst in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Operations Analyst role. Highlight your experience with payment systems like Equation and any relevant banking knowledge. We want to see how your skills match what we're looking for!
Showcase Your Skills:In your cover letter, don’t just list your skills—show us how you've used them in real situations. Talk about your analytical skills and how you've tackled tight deadlines in previous roles. We love a good story!
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. Remember, we’re looking for attention to detail, so make sure there are no typos or errors!
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 track your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Quantum Group
✨Know Your Equation Inside Out
Make sure you have a solid understanding of the Equation core banking system. Brush up on its payment modules, especially those related to BACS, CHAPS, and SWIFT payments. Being able to discuss specific functionalities and how they relate to the role will show your technical prowess.
✨Demonstrate Your Analytical Skills
Prepare examples that showcase your analytical abilities, particularly in data assessment and reconciliation processes. Think of situations where you've successfully resolved payment exceptions or improved operational efficiency, as these will resonate well with the interviewers.
✨Highlight Your Attention to Detail
Given the emphasis on accuracy in this role, be ready to discuss how you ensure precision in your work. Share experiences where your attention to detail made a significant difference, especially under tight deadlines or heavy workloads.
✨Showcase Your Communication Skills
Since the role requires good written and verbal communication, prepare to demonstrate how you effectively communicate complex information. Practice explaining technical concepts in simple terms, as this will highlight your ability to negotiate and influence others in a banking environment.
