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 professional development.
- Why this job: Make an immediate impact while developing your skills in finance and operations.
- 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 London employer: UK Bank
Contact Detail:
UK Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Associate in 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 products and compliance regulations. 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 attention to detail during the interview process. Bring examples of how you've successfully managed operational tasks in the past, especially those that required accuracy and compliance with regulatory standards.
✨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 are proactive about their job search.
We think you need these skills to ace Operations Associate in 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 helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
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 and compliance, prepare examples from your past experience where your attention to detail made a difference. This could be anything from successfully reconciling transactions to ensuring KYC documentation was flawless.
✨Showcase Your Communication Skills
You’ll need to liaise with various departments, so practice articulating how you’ve effectively communicated in previous roles. Think about times when you resolved discrepancies or escalated issues and how you did it.
✨Be Ready to Discuss Process Improvements
The bank is looking for someone who can identify opportunities for operational efficiency. Come prepared with ideas or examples of how you've improved processes in the past, and be ready to discuss how you would approach this in the new role.