Junior Associate in Banking Operations. Job in London LilyLifestyle Jobs

Junior Associate in Banking Operations. Job in London LilyLifestyle Jobs

Full-Time 30000 - 40000 £ / year (est.) No working from home possible
United Cerebral Palsy of Georgia

At a Glance

  • Tasks: Process banking transactions and ensure compliance with regulations in a fast-paced environment.
  • Company: Join the State Bank of India UK Limited, a leader in banking operations.
  • Benefits: Gain valuable experience, competitive salary, and opportunities for career advancement.
  • Other info: Collaborative work culture with strong support from team members.
  • Why this job: Be part of a dynamic team making a real difference in banking operations.
  • Qualifications: Familiarity with Microsoft Office and knowledge of banking regulations required.

The predicted salary is between 30000 - 40000 £ per year.

The role encompasses the business activities of State Bank of India UK Limited. It involves ensuring that all tasks listed below are completed accurately, within established cut-off times, and in full compliance with risk management standards, maintaining a high level of precision and error‑free execution.

Job Responsibilities

  • Processing inward clearing cheques, BACS credit and debit files with returns on cut‑off time to avoid risk/loss to the Bank.
  • Checking whether stop payments and cancellation are in place and actioned when it comes to payment/clearing.
  • Ensuring customer chargeback queries are taken up with MasterCard on time and tracking of chargeback on a regular basis.
  • Ensuring all customer‑related queries are attended in CRM/RMS.
  • Debit card reconciliation and related issues.
  • Processing the outward clearing and rejection entries after checking whether total is tallied.
  • Monitoring and setting up standing orders instructions in line with the customer's request.
  • Ensuring that all faster payments requests are processed with necessary approvals in line with our policy and customer signature is matched.
  • Co‑coordinating with other departments/branches in case of any queries related to clearing work.
  • Assisting team members to get the job done on time.
  • Reconciliation of internal accounts.
  • Ensuring that all day‑to‑day tasks are completed at the end of the day.
  • Other day‑to‑day work for the department.

Competency

  • Conversant with Microsoft Office.
  • Strong knowledge and experience of Finacle and other banking applications.
  • Strong knowledge of banking regulations and the AML and KYC procedures of the Bank.

Key Interactions / Networks

  • Team members within the Operations team, internal stakeholders, branches and call centre.

Junior Associate in Banking Operations. Job in London LilyLifestyle Jobs employer: United Cerebral Palsy of Georgia

State Bank of India UK Limited is an exceptional employer, offering a dynamic work environment in the heart of London where precision and compliance are paramount. Employees benefit from a supportive culture that prioritises professional growth, with opportunities for skill enhancement in banking operations and a commitment to maintaining high standards of service. The bank's focus on teamwork and collaboration ensures that every associate plays a vital role in delivering excellence, making it a rewarding place to build a career.

United Cerebral Palsy of Georgia

Contact Details:

United Cerebral Palsy of Georgia Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Junior Associate in Banking Operations. Job in London LilyLifestyle Jobs

Tip Number 1

Network like a pro! Reach out to current employees at State Bank of India UK Limited on LinkedIn. A friendly message can go a long way in getting your foot in the door.

Tip Number 2

Prepare for the interview by brushing up on banking regulations and AML/KYC procedures. We want you to show off your knowledge and impress the hiring team!

Tip Number 3

Practice common interview questions related to banking operations. Think about how you’d handle customer queries or process transactions accurately under pressure.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you’re serious about joining the team.

We think you need these skills to ace Junior Associate in Banking Operations. Job in London LilyLifestyle Jobs

Attention to Detail
Risk Management
Customer Relationship Management (CRM)
Banking Operations
Cheque Processing
BACS Processing
Chargeback Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Junior Associate role. Highlight any relevant experience in banking operations, especially with tasks like cheque processing and customer queries. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about banking operations and how you can contribute to our team. Keep it concise but engaging – we love a good story!

Showcase Your Attention to Detail:Since this role requires precision and error-free execution, make sure to highlight examples where you've demonstrated strong attention to detail. Whether it's through previous jobs or projects, we want to know how you keep things accurate!

Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be set!

How to prepare for a job interview at United Cerebral Palsy of Georgia

Know Your Banking Basics

Make sure you brush up on your knowledge of banking operations, especially around AML and KYC procedures. Being able to discuss these topics confidently will show that you're serious about the role and understand the industry's standards.

Demonstrate Attention to Detail

Since the role requires precision and error-free execution, prepare examples from your past experiences where you've successfully managed tasks with a high level of accuracy. This could be anything from handling financial data to managing customer queries.

Familiarise Yourself with Relevant Software

Get comfortable with Microsoft Office and any banking applications like Finacle. If you can, try to find out what specific tools the company uses and mention your experience with similar software during the interview.

Show Team Spirit

The job involves coordinating with team members and other departments, so be ready to share examples of how you've worked collaboratively in the past. Highlighting your ability to assist others and meet deadlines will resonate well with the interviewers.