Financial Institution Partnership Specialist

1 week ago


London, UK, United Kingdom PayAlly Full time

As the world of financial services becomes more automated, PayAlly abides by the esteemed tradition of keeping the human touch to deliver exceptional service. We make sure every client, regardless of size, needs and transaction volume, is looked after by a private Relationship Manager. PayAlly is a principle member of Visa and Mastercard. We offer a fully integrated suite of financial services solutions that are tailor-made for each business with global ambitions. Our extensive network across the world allows us to provide frictionless cross-border payments in 39 currencies. PayAlly provides international and local payments, multicurrency account, currency exchange, debit cards, card issuing and payments gateway.


We are looking for a Financial Institution Partnership Specialist to continue communication with current and potential partner banks and other financial institutions.


Main responsibilities:

  1. Complete applications, forms, and prepare documents necessary to open safeguarding/correspondent accounts.
  2. Organize and update documents regarding cooperation with banks and maintain an up-to-date list/report of applications to potential banks.
  3. Participate in and conduct meetings with potential and current partner banks in cooperation with the Head of FIP, advisors, and the AML and Compliance departments.
  4. Prepare periodic review document packages for current partner banks and SWIFT in cooperation with other departments.
  5. Participate in the process of implementing new payment methods and new payment service providers in cooperation with the Head of FIP, Payments Department, Product Owner, and IT.
  6. Prepare information on new payment products, new banks, and accounts for the RM department, and communicate with the RM, Payments, and AML departments about the terms of service provided by new partner banks or changes to the conditions of existing ones.
  7. Prepare reports (on payments, clients, and others) for applications to new banks.
  8. Participate in other FI Department projects, such as SWIFT, Regulatory requirements, and others.


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