Payments Officer

3 weeks ago


London, United Kingdom Market Talent Ltd Full time

**We are seeking a banking Payments Specialist for a prestigious international bank where you will be joining a small team, dealing with inward and outward payments including: SWIFT and BACs payments. You will be dealing with a high volume of manual payments on a daily basis. We are requiring a back office specialist with good knowledge of SWIFT message types.**

**Responsibilities**
- Manually processing payments using SWIFT MT103, MT202, BACS, CHAPS and FPS
- Preparing transactions using various payment formats across multiple currencies and banking networks, ensuring accuracy and that transactions are processed within the relevant currency cut off times
- Proactive monitoring of intraday batch queues, manually repairing STP failures and processing cash flow movements to ensure that the business operates within agreed SLA’s
- Ensuring all payments are successfully cleared and reflected within the internal treasury system
- Direct debit processing (SEPADD) - ensure that all direct debits (domestic and international) are settled within agreed timeframes
- Investigate all STP payment exceptions and taking appropriate actions to correct and enable processing
- Processing of FX settlements
- End of day error checks ensuring processing queues are clear
- Investigating outstanding payments within SWIFT, liaising with banks and external counterparties to resolve transaction queries
- Performing internal account reconciliations and investigating reconciliation breaks
- Undertaking ad-hoc identity and KYC checks to verify payment instructions
- Suspicious payment activity monitoring and flagging such payments with compliance
- Identify and implement improvements to processes for efficiency and risk mitigation.

**Requirement & Expectations**
- Ideally hold experience of processing SWIFT payments in a banking role.
- Hybrid working role based in West End, London and would be happy to commute 3 days a week.
- Have the right to work without sponsorship.
- Ideally have experience in banking with exposure to using SWIFT
- **For more jobs like this, search Market Talent on Google - Go directly to our website for more live roles and even set up your own job alerts.**_

**Job Type**: Permanent

**Salary**: £25,000.00-£35,000.00 per year

Schedule:

- Monday to Friday

Supplemental pay types:

- Yearly bonus

Work Location: One location

Reference ID: Bullhorn 705



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