Payments Analyst

  • Sector: LMA UK Operations
  • Contact: Althea Daniels
  • Contact Email: althea.daniels@lmarecruitment.com
  • Duration: 6 months
  • Start Date: ASAP
  • Client: LMA
  • Location: London
  • Salary: £200 - £260 per day
  • Expiry Date: 20 May 2022
  • Job Ref: BBBH370926_1650623976

Our client is currently looking for a Payments analyst with detailed payments knowledge, strong SWIFT payment formatting skills and a clear understanding of Industry Standards. This a great opportunity for a temporary position working in an international bank where you will be processing, preparing and sending payments in large volumes; conducting investigations and handling international payments using various payment types.

Job Purpose

  • To manage and process in line with currency cut off times all payment queues within Montran JGPS and SWIFT.
  • To be responsible for payment verification within Montran JGPS
  • To obtain customer cross currency exchange rates from Treasury Department in order to facilitate payment processing.
  • To verify and update Base rates, Overdraft rates and daily Market Rates within UNIX.

Job Responsibilities

  • The Payments Officer is responsible for managing the various payment queues within JGPS Montran
  • Responsible for exception based monitoring, e.g. accurate manual repair of payments outside of STP processing.
  • Develop and maintain good working relationships with all stakeholders such as PD-IS, CMS, Treasury and EMEA offices in order to maintain a high level of customer service.
  • Exception based processing all payments requiring manual repairs in order to facilitate the payment process.
  • Ensure that payment processing is in line with industry PSD2 regulations and Dubai VAT requirements.
  • Monitor and clear all Montran JGPS payment queues each day in line with currency cut off times.
  • Investigate all STP payment exceptions and take appropriate actions to correct and enable processing.