At a Glance
- Tasks: Lead and scale UK Banking Operations, ensuring efficient payment services and compliance.
- Company: Join Unlimit, a global fintech transforming the future of payments.
- Benefits: Competitive salary, diverse workplace, and opportunities for professional growth.
- Other info: Dynamic team environment focused on innovation and operational excellence.
- Why this job: Be at the forefront of revolutionising banking operations in a borderless economy.
- Qualifications: Degree in Finance or related field with extensive experience in banking operations.
The predicted salary is between 80000 - 100000 £ per year.
About Unlimit
Unlimit is a global fintech ecosystem built to eliminate financial borders holding businesses back. The company provides the extensive infrastructure needed to scale globally, integrating payment processing, multi-currency business accounts, BaaS and crypto gateways into a single, intelligent platform. Across 17 offices globally, Unlimit bridges hyper‑local expertise with a high‑capacity financial network, giving companies the agility to expand across regions with operational confidence and speed. Driving the evolution of payments, Unlimit is transforming its infrastructure from human‑operated fintech into AI‑native financial infrastructure — where APIs are consumed by machines, integrations are negotiated by agents, and systems evolve continuously through intelligent automation. Our next users are not only humans. They are AI agents acting on behalf of humans and businesses. Unlimit serves more than the needs of businesses today; we are building the nervous system for a borderless global economy.
About the Role
The Head of Banking Operations is responsible for leading and scaling the Company’s UK Banking Operations function, ensuring the efficient execution of payment services, safeguarding of client funds, and full compliance with UK regulatory requirements. The role oversees operational processes, correspondent banking, payment investigations, reconciliation, and the performance of all systems supporting banking operations. This position requires a strong operational leader with deep experience in payments, banking infrastructure, and regulatory frameworks applicable to UK licensed financial institutions.
Leadership & Department Management
- Lead, develop, and manage the UK Banking Operations function, ensuring high performance and operational excellence.
- Establish and maintain internal procedures, controls, and systems to support the department’s responsibilities.
- Collaborate closely with Treasury, Compliance, AML, Risk, Finance, Legal, and IT to ensure all obligations are fulfilled.
Operational Oversight
- Establish and maintain relationships with UK and international correspondent banks.
- Monitor correspondent account balances, cutoff times, and liquidity to ensure uninterrupted payment execution.
- Oversee performance of external service providers and ensure obligations are met.
- Track industry developments, regulatory changes, and scheme updates; propose improvements to Executive Management.
Safeguarding & Regulatory Compliance
- Ensure safeguarding of client funds in accordance with FCA requirements and internal policies.
- Oversee reconciliation processes and ensure accurate accounting of balances in cooperation with Finance.
- Ensure timely and accurate reporting to Executive Management, the Board, and regulatory authorities.
- Maintain strong operational controls to ensure compliance with internal and external regulations.
Qualifications & Experience
- Degree in Finance, Economics, Business Administration, or related field.
- Extensive experience in payments, banking operations, or financial services.
- Strong understanding of UK regulatory frameworks (FCA, PSRs, safeguarding, operational resilience).
- Experience managing teams and operational processes in a regulated environment.
- Strong analytical, problem solving, and decision making skills.
- Excellent communication skills and fluency in English.
- High level of computer literacy and familiarity with banking/fintech systems.
Join Unlimit Team Now! Unlimit is an equal opportunity employer. We believe passionately that employing a diverse workforce is central to our success. We make recruiting decisions based on your experience and skills. We welcome applications from all members of society irrespective of age, sex, disability, sexual orientation, race, religion or belief.
Head of Banking Operations UK in London employer: Unlimit
Contact Detail:
Unlimit Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Banking Operations UK in London
✨Tip Number 1
Network like a pro! Reach out to people in the fintech and banking sectors, especially those who work at Unlimit or similar companies. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by diving deep into Unlimit's mission and values. Show us you understand how we’re transforming payments and why you’re the perfect fit to lead our UK Banking Operations.
✨Tip Number 3
Don’t just wait for job openings; be proactive! Keep an eye on our website and apply directly when you see a role that excites you. We love seeing candidates who take the initiative.
✨Tip Number 4
Showcase your expertise in compliance and operational excellence during interviews. We want to hear about your experiences and how you can help us maintain high standards in our banking operations.
We think you need these skills to ace Head of Banking Operations UK in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Banking Operations role. Highlight your experience in payments and banking operations, and don’t forget to mention any regulatory frameworks you’re familiar with. We want to see how your skills align with 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 the perfect fit for Unlimit. Share specific examples of your leadership experience and how you’ve successfully managed teams in a regulated environment. Let us know what excites you about this role!
Showcase Your Analytical Skills: Since the role requires strong analytical and problem-solving skills, make sure to include examples that demonstrate these abilities. Whether it’s a project you led or a challenge you overcame, we want to see how you think and act under pressure.
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 directly and ensures you don’t miss out on any important updates from our team. We can’t wait to hear from you!
How to prepare for a job interview at Unlimit
✨Know Your Stuff
Make sure you brush up on your knowledge of UK banking regulations and payment systems. Familiarise yourself with FCA requirements and operational resilience standards. This will show that you're not just a candidate, but someone who understands the landscape.
✨Show Leadership Skills
Prepare examples of how you've led teams in previous roles, especially in regulated environments. Think about challenges you've faced and how you overcame them. This will demonstrate your capability to manage the UK Banking Operations function effectively.
✨Be Ready to Discuss Collaboration
Since the role involves working closely with various departments like Treasury, Compliance, and IT, be prepared to discuss how you've successfully collaborated with different teams in the past. Highlight any cross-functional projects you've been part of.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about Unlimit's future plans for AI integration in banking operations or how they stay ahead of regulatory changes. This shows your genuine interest in the company and the role.