Payments Processing Specialist
2 weeks ago
We are seeking a Payment Processing Specialist to join our client, a rapidly growing payments fintech based in London. This dynamic, hands-on role involves managing payment operations, optimising workflows, ensuring regulatory compliance, mitigating fraud risks, and fostering partnerships with banks and payment providers.
Role Overview
- Location: London-based, full-time for the initial 6 months, transitioning to a hybrid model (primarily office-based).
- Benefits: Includes full commuting cost coverage and a comprehensive benefits package.
Key Responsibilities
- Process payments across systems (SEPA, SWIFT, FPS), reconcile transactions, and ensure accuracy.
- Maintain compliance with FCA, PSD2, AML, and KYC regulations, supporting audit processes.
- Collaborate with IT teams to enhance payment systems and resolve technical issues.
- Proactively detect and prevent fraud, monitoring risks and implementing mitigations.
- Establish and manage relationships with banks and payment providers; negotiate contracts.
- Handle escalated customer payment issues and ensure resolution.
- Generate detailed payment reports and provide actionable insights for process improvement.
Candidate Requirements
- Proven experience in payment operations within fintech or a payment institution.
- In-depth understanding of UK/EU payment systems and FCA regulatory frameworks.
- Proficiency in working with payment gateways, APIs, and fraud detection systems
This role is ideal for candidates passionate about payment processing and eager to contribute to a growing fintech.
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