About the Role

We are looking for a Junior Associate - Operations to join our London team on a fixed-term basis to provide maternity cover.

The successful candidate will support the Operations function by monitoring and processing domestic and international cross-border payment requests, ensuring transactions are handled accurately, efficiently, and in line with applicable regulatory and internal requirements.

Key Responsibilities

• Monitor the daily flow of payment remittance requests raised by internal stakeholders.
• Manage funding and currency positioning on the Request Management System (RMS) for Treasury reporting, ensuring currency cut-off times are met.
• Upload FX deal tickets to RMS for currency buying and selling.
• Monitor incoming client monies relating to international cross-border payments and apply credits accurately.
• Process the return of client funds to remitting banks through correspondent banks using appropriate SWIFT messages, including MT199 and MT299.
• Process daily Mastercard payments.
• Raise payment-related queries through the CRM system and follow up as required.
• Ensure compliance with AML and KYC procedures and internal policies.
• Undertake other duties and responsibilities as assigned by the Department Head, Deputy Manager, or Assistant Manager.

Skills & Experience

Experience in banking, payments, or financial services would be advantageous. The following knowledge or experience is desirable but not essential:

• Inward and outward payment processing.
• Finacle or similar banking systems.
• SWIFT payment message types.
• Routine and investigatory payment-related work.
• FX transactions, including currency buying and selling.
• Banking and financial services operations.
• UK, US, EU and OFAC sanctions requirements.
• Payment Services Regulations, EU Funds Transfer Regulation, FATF International Wire Transfers and CHAPS.
• Person Specification