At a Glance
- Tasks: Support daily banking operations and ensure compliance with regulations.
- Company: Join a dynamic banking team focused on operational excellence.
- Benefits: Gain valuable experience in a regulated environment with potential for growth.
- Other info: Fast-paced environment with opportunities for process improvement.
- Why this job: Make an immediate impact while developing your skills in finance.
- Qualifications: Experience in banking operations and strong attention to detail required.
The predicted salary is between 30000 - 40000 £ per year.
We are seeking a proactive and detail-oriented Operations Executive to join our banking operations team on a fixed-term basis, covering a period of maternity leave. This is an excellent opportunity for an experienced operations professional to make an immediate impact within a regulated banking environment.
Key Responsibilities
- Support the day-to-day operational activities of the bank, ensuring processes are executed accurately and in a timely manner.
- Process and reconcile banking transactions, ensuring compliance with internal controls and regulatory requirements.
- Liaise with internal departments including Finance, Compliance, Risk and Treasury to ensure seamless operational delivery.
- Assist in the management and maintenance of customer accounts, including onboarding, KYC documentation and account maintenance.
- Monitor and escalate operational exceptions and discrepancies in line with the bank's escalation framework.
- Support the preparation of management information (MI) reports and operational dashboards.
- Assist with audit requests, regulatory reporting and internal reviews as required.
- Identify opportunities to improve processes and contribute to operational efficiency initiatives.
- Maintain accurate records and documentation in line with FCA and PRA regulatory standards.
Skills & Experience Required
- Previous experience in a banking or financial services operations role.
- Solid understanding of banking products, payments and transaction processing.
- Familiarity with KYC, AML and regulatory compliance requirements.
- Strong numerical accuracy and attention to detail.
- Proficient in Microsoft Office, particularly Excel.
- Excellent communication and interpersonal skills.
- Ability to work independently and manage competing priorities in a fast-paced environment.
Desirable
- Experience with core banking systems (e.g. Finacle).
- Exposure to FCA/PRA regulatory environment.
- Degree in Finance, Business, Economics or a related discipline.
Operations Associate in City of London employer: UK Bank
Contact Detail:
UK Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Associate in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking sector and let them know you're on the lookout for an Operations Associate role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of banking operations and compliance. Be ready to discuss your previous experience and how it aligns with the responsibilities listed in the job description. We want to see that you can hit the ground running!
✨Tip Number 3
Showcase your attention to detail during the interview process. Bring examples of how you've successfully managed operational tasks in the past, especially those involving KYC and regulatory compliance. This will demonstrate your fit for the role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Operations Associate in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Operations Associate role. Highlight your previous experience in banking operations and any relevant skills that match the job description. We want to see how you can make an immediate impact!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that relate to the key responsibilities listed in the job description, and show us your enthusiasm for the role.
Showcase Your Attention to Detail: Since this role requires strong numerical accuracy and attention to detail, make sure your application is free from typos and errors. We appreciate candidates who take the time to present their best work right from the start!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at UK Bank
✨Know Your Banking Basics
Make sure you brush up on your knowledge of banking products, payments, and transaction processing. Being able to discuss these topics confidently will show that you understand the core of the role and can hit the ground running.
✨Demonstrate Attention to Detail
Since this role requires a strong focus on accuracy, prepare examples from your past experience where your attention to detail made a difference. Whether it’s reconciling transactions or maintaining records, having specific instances ready will impress the interviewers.
✨Familiarise Yourself with Compliance
Get a good grasp of KYC, AML, and other regulatory compliance requirements. You might be asked how you’ve handled compliance in previous roles, so being prepared with relevant examples will help you stand out.
✨Show Your Problem-Solving Skills
Think of times when you've identified process improvements or resolved operational discrepancies. Be ready to share these stories, as they demonstrate your proactive approach and ability to contribute to operational efficiency initiatives.