At a Glance
- Tasks: Investigate and resolve payment queries in a fast-paced banking environment.
- Company: Join a growing International Bank with a global reach.
- Benefits: Gain valuable experience in cross-border payments and client service.
- Other info: Dynamic role with opportunities for professional growth and development.
- Why this job: Make an impact on payment outcomes while working with international banks.
- Qualifications: A Levels or equivalent, plus 3+ years in Payment Investigations.
The predicted salary is between 35000 - 45000 £ per year.
Excellent opportunity opens for a Payments & FX Operations Senior Analyst to join a growing International Bank and work on a position focused on investigating and resolving post‑trade payment queries across FX and Money Market transactions. You’ll work closely with correspondent banks and clients globally to ensure smooth settlement of MT103 payments, manage Nostro breaks, confirm incoming funds, and maintain accurate settlement instructions (SSIs), all while delivering a high standard of client service. This role offers the opportunity to gain exposure to complex cross‑border payments across emerging markets, working with a global network of banks and stakeholders. You’ll play a key role in improving payment outcomes, producing critical internal and external reports (including unsettled trades), and using your skills daily in a fast‑paced, internationally focused environment.
Main Responsibilities
- Handle post‑execution payment inquiries by providing prompt and precise updates to correspondent banks and clients in various regions.
- Produce and present unsettled trade reports, highlighting failed FX settlements to stakeholders across the organisation.
- Regularly interact with Relationship Bankers to update on progress of queries.
- Investigate Nostro account breaks and ensure timely reconciliation.
- Ensure prompt response to and resolution of incoming client queries.
- Confirm receipt of incoming client funds.
- Generate and distribute daily payment reports to relevant teams.
- Maintain records of team activity for monthly reporting.
- Set‑up and maintenance of Client Settlement Instruction.
Key Requirements
- Educated to A Level standard, or similar experience.
- 3 years + experience in Payment Investigations or similar role within Banking Operations.
- Strong working knowledge of SWIFT payments and investigations, particularly MT1XX and MT2XX series.
- Prior exposure to Foreign Exchange processes and settlement flows.
- Familiarity with ISO20022 message types highly advantageous.
- Demonstrated experience in managing relationships and resolving queries across a global network of correspondent banks and internal stakeholders.
FX & Payments Operations Analyst - Banking - 6 Months FTC employer: Rothstein Recruitment
Contact Detail:
Rothstein Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FX & Payments Operations Analyst - Banking - 6 Months FTC
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and payments sector. Attend industry events or webinars, and don’t be shy about introducing yourself. 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 FX and payment processes. Be ready to discuss your experience with SWIFT payments and how you've handled post-trade queries. Show them you’re not just a candidate, but the right fit for their team!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. Mention something specific from your conversation to remind them of your enthusiasm and fit for the role. It shows you’re proactive and genuinely interested.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that dream job!
We think you need these skills to ace FX & Payments Operations Analyst - Banking - 6 Months FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the FX & Payments Operations Analyst role. Highlight your experience in payment investigations and any relevant banking operations skills. We want to see how your background aligns with the job description!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Be specific about your experience with SWIFT payments and client interactions.
Showcase Your Problem-Solving Skills: In your application, don’t forget to mention examples of how you've resolved payment queries or managed relationships with banks. We love seeing candidates who can think on their feet and tackle challenges head-on!
Apply Through Our Website: We encourage you to apply directly 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. Let’s get you on board!
How to prepare for a job interview at Rothstein Recruitment
✨Know Your Payments Inside Out
Make sure you brush up on your knowledge of SWIFT payments, especially the MT1XX and MT2XX series. Being able to discuss these in detail will show that you’re not just familiar with the terminology but can also apply it practically.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've handled post-execution payment inquiries or resolved Nostro account breaks in the past. This will demonstrate your ability to think critically and act swiftly in a fast-paced environment.
✨Highlight Your Client Service Experience
Since this role involves a lot of interaction with clients and correspondent banks, be ready to share specific instances where you’ve provided excellent client service. This could include how you managed relationships or resolved complex queries.
✨Be Ready for Technical Questions
Expect questions about ISO20022 message types and foreign exchange processes. Brush up on these topics so you can confidently answer any technical queries that come your way during the interview.