Payments Analyst

at  Universal Transaction Processing

Position: Payments Analyst
Status: Permanent
Salary: £30,000 per annum plus benefits
Hours: Full-Time (basic hours 09:00 to 17:30 / 10:00 to 18:30)
Based: Reading

THE SUCCESSFUL CANDIDATE:

Will be able to evidence…

• A grasp of financial accounting to accurately interpret how data influences financial outcomes
• Strong analytical skills and attention to detail
• Good time management skills with an ability to work to strict deadlines
• Confidence with numbers
• Strong organisation and time management skills with an aptitude for multi-tasking
• Have a pro-active and reactive nature
• Approach problems in a thorough and logical manner
• Be a confident decision maker
• We use bespoke systems, however a good knowledge of Microsoft Excel and Microsoft Access would be beneficial
• Must be a quick learner, willing to learn new processes and procedures
• Experience within the payments industry would be a bonus

Ability to function effectively in a fast-paced, ever-changing work environment.
Living within a reasonable commute of Reading.
Due to the nature of our business, all prospective employment offers will be subject to a satisfactory disclosure from the Criminal Records Bureau in accordance with the Rehabilitation of Offenders Act 1974 and the Police Act 1997.
Note: This job description is not exhaustive and will be subject to periodic review. It may be amended to meet the changing needs of the business. The post-holder will be expected to participate in this process and we would aim to reach agreement on any changes.

Reporting to the Group Operations Manager, the Payments Analyst will play a pivotal role in assisting with the smooth running of the company’s Faster Processing product (refer to www.fasterprocessing.com). The key activities relating to the role are as follows:
1. The set-up of new customers on the Faster Processing system;
2. Monitoring the Faster Processing platform to ensure all systems are working as expected;
3. Ensure an exemplary service is provided to existing customers of the Faster Processing solution.
The Payments Analyst will also assist in ensuring all financial transactions are fully reconciled, processed, and funded on a daily basis and will gain a unique insight into our operational and financial processes.

Duties and responsibilities include:

• Monitor system triggers to safeguard the timely issue of all payments due
• Monitor internal systems to ensure they are running as expected
• Daily reconciliation of payments received versus payment issued
• Review account set-up to ensure new customers’ experience is in line with expectation
• Monitor daily and hourly reporting to make sure statements are issued correctly
• Run and monitor various internal controls to ensure operational processes are completed correctly with no impact on the company, clients, or funding
• Providing timely feedback and/or escalating any settlement issues
• Monitoring and maintaining customer data
• Monitor any financial exposures the company faces