Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage a team processing international cash payments and oversee daily GBP activities.
- Company: State Street is a leading global custodian bank and asset manager with over 200 years of experience.
- Benefits: Enjoy flexible work options, competitive medical care, and comprehensive development programmes.
- Why this job: Make an impact in the financial services industry while working in an inclusive and diverse environment.
- Qualifications: Experience in banking and knowledge of CHAPS clearing are essential; proficiency in Microsoft Excel is required.
- Other info: Join a company that values diversity and community engagement, offering paid volunteer days and employee networks.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
This job is with State Street, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
Who we are looking for
This is an excellent opportunity to manage a small operational team responsible for processing international cash payment transactions. Responsibilities include first line management of the team, effective oversight of our daily GBP activity between State Street and the UK Market (Via CHAPS), oversight and control of all daily processes ensuring deadlines are met and risks and errors are minimized. We are looking for someone with a strong background in International Payments, including excellent knowledge of the UK CHAPS Scheme, and the global move to ISO20022.Â
Why this role is important to us
The team you will be joining is a part of State Street Global Delivery (SSGD). SSGD gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGD's tools help our clients make better investment choices and act on growth opportunities.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As the International Payments Officer you will
- Provide first line management to a small team of payment analysts
- oversee day to day GBP payment flows and balances through the UK CHAPS scheme
- Participate in mandatory market/industry testing throughout the year
- Manage and oversee BAU processes and all activity in a variety of payment queues and systems ensuring the team are accurate, timely and processing meets all required deadlines
- Efficiently assist internal and external clients with complex research, queries and issues
- Ensure errors and exposure to financial loss are minimized
- Be aware of all business continuity plans and escalate issues that could involve invoking of contingency procedures to the supervisor
- Support the effective functioning of the global team and the transition of workflow between different geographical locations
- Complete monthly and ad hoc reporting and MI as required.
What we value
These skills will help you succeed in this role
- Experience in a banking role is preferred
- Previous experience of working within a CHAPS clearing environment is essential
- Overall knowledge of cash related financial services products
- Proficient in the use of Microsoft Office applications, particularly Microsoft excel
- Flexibility in working hours (required)
Additional requirements
- Ability to work under pressure and in a deadline driven environment
- Ability to work accurately and with attention to detail
- Ability to work as part of a busy team
- Ability to multi-task
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
#LI-DNI
International Payments, Officer employer: State Street
Contact Detail:
State Street Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land International Payments, Officer
✨Tip Number 1
Familiarise yourself with the UK CHAPS Scheme and ISO20022 standards. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the banking and payments sector. Engaging with industry contacts can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.
✨Tip Number 3
Prepare for situational interview questions by thinking of examples from your past experiences where you successfully managed a team or resolved complex payment issues. This will showcase your leadership skills and problem-solving abilities.
✨Tip Number 4
Stay updated on current trends in international payments and financial services. Being knowledgeable about recent developments will show your enthusiasm for the industry and your readiness to contribute to State Street's goals.
We think you need these skills to ace International Payments, Officer
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the International Payments Officer. Familiarise yourself with the UK CHAPS Scheme and ISO20022 to demonstrate your knowledge in your application.
Tailor Your CV: Highlight relevant experience in banking and any previous roles involving CHAPS clearing. Use specific examples that showcase your ability to manage teams and handle cash-related financial services.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for the financial services industry. Mention how your skills align with State Street's values, particularly in terms of inclusion and diversity.
Proofread Your Application: Ensure your application is free from errors. A well-proofread CV and cover letter show attention to detail, which is crucial for this role. Consider asking a friend or using tools to check for mistakes.
How to prepare for a job interview at State Street
✨Know Your CHAPS Inside Out
Make sure you have a solid understanding of the UK CHAPS scheme and its processes. Be prepared to discuss how you’ve applied this knowledge in previous roles, as it’s crucial for the position.
✨Demonstrate Leadership Skills
As this role involves first line management, be ready to share examples of how you've successfully led a team. Highlight your ability to motivate others and manage daily operations effectively.
✨Showcase Your Attention to Detail
Given the nature of international payments, attention to detail is key. Prepare to discuss specific instances where your meticulousness helped prevent errors or financial loss.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in high-pressure situations. Think of examples where you had to manage tight deadlines or resolve complex issues, and be ready to explain your thought process.