Full job descriptionSenior Associate - Payments Operations
Salary: Up to £29,000
Location: Hygeia House
Contract Type: Permanent
Start Date: Immediate
We are seeking a highly motivated Senior Associate - Payments Operations to join a busy Global Payments team within a well-established banking environment. This is an excellent opportunity for an experienced banking operations professional with a strong understanding of domestic and international payments, SWIFT messaging, and operational controls.
The successful candidate will play a key role in ensuring the timely and accurate processing of payment transactions while maintaining compliance with regulatory and internal control requirements.
Key Responsibilities
*Monitor the daily flow of payment remittance requests raised by internal stakeholders.
*Process domestic and international payment transactions accurately and within currency cut-off times, ensuring adherence to ISO20022 standards.
*Manage funding and currency positioning activities for Treasury reporting through the Request Management System (RMS).
*Upload FX deal tickets for currency buy and sell transactions.
*Monitor incoming client funds and apply credits within the core banking system.
*Process returns of funds to remitting banks using SWIFT message formats, including MT199 and MT299.
*Process Mastercard payments and bulk INR payment uploads on a daily basis.
*Raise and manage payment-related queries through CRM systems and ensure timely resolution.
*Manage reconciliation entries and investigate discrepancies.
*Liaise with internal departments to resolve operational queries.
*Ensure compliance with AML, KYC, sanctions screening and internal regulatory requirements.
*Support the wider Operations team with additional duties as required.
*Proactively manage tasks assigned by management and contribute to continuous process improvement.
Skills & Experience Required
*Degree in Finance, Business, or a related discipline.
*3-5 years’ experience within Banking Operations, Payments Operations, or Financial Services.
*Previous experience supervising or supporting team members is advantageous.
*Strong understanding of inward and outward payment processing.
*Knowledge of SWIFT payment message types and payment regulations.
*Experience with CHAPS, SWIFT and ISO20022 XML standards.
*Exposure to FX transactions and Treasury-related activities.
*Familiarity with core banking systems such as Finacle would be beneficial.
*Good understanding of AML, KYC, sanctions and financial crime controls.
*Strong Excel skills, including exposure to Macros.Excellent organisational skills with the ability to prioritise workloads and meet strict deadlines.Strong communication and stakeholder management skills.Ability to work effectively under pressure within a fast-paced environment.A proactive, reliable and team-oriented approach.