Payment Operations Administrator , Approvals, Banking

The Role

The Payment Operations Administrator will be responsible for monitoring and processing of day-to-day payment operation activity for the centralised function including STP payment release, reconciliations and the daily management of company balances.

The Payment Operations Administrator will ensure that all outgoing STP payments are approved and released in accordance with the relevant mandate, with any exceptions to be resolved, coordinating with key stakeholders as appropriate, and recorded in line with policy, escalating issues and complaints and recording promptly as they occur.

The Payment Operations Administrator will be the point of contact for payment related queries, from internal and external sources. Ensure sufficient balances in Nostro accounts to meet daily cashflow requirements, confirming high value transactions with respective desks to ensure efficient funding. Complete daily reconciliations of Nostro accounts, documenting and leading the resolution of any exceptions.

The Payment Operations Administrator will have the opportunity to get involved in payment related project work within the Bank.

1-2 years experience of banking payment processing and reconciliation investigations.

An understanding of payments schemes (BACS, CHAPS, Faster Payments, Cheque clearing and SWIFT)

Experience approving banking payments – essential!

Confident to push back with the business regarding any issues that need to be resolved, regarding approval processes etc…

Knowledge of working with Banking Systems (Including Online Banking)