Payments Administrator

  • Location

    London, England

  • Sector:

    Operations & Middle Office

  • Job type:


  • Salary:

    Up to £29000.00 per annum

  • Contact:

    Bethany Singer

  • Contact email:


  • Job ref:


  • Published:

    5 months ago

My Client a well-established International Bank based in the West End are looking for a Payments Administrator to join their busy team. Successful candidates will have strong payment processing experience, including strong SWIFT knowledge, 18 months experience within a similar role and working knowledge of FX, BACS, Faster Payments and Euro Clearing.

As a Payments Administrator you will be responsible for:

  • Processing and verification of MT199 and MT202 on a daily basis
  • Monitoring all payments queue to ensure that all messages are processed in a timely manner
  • Ensuring that all incoming and outgoing remittances are processed accurately and in a timely fashion
  • Inputting multicurrency payments via swift and banking software Finacle
  • Daily reconciliation of all bank accounts to ensure that all outstanding unmarked transactions are marked off the same day.
  • Support Operations with Account opening/closing/amendment etc.
  • Coordinate with Treasury in providing necessary MIS regarding the In and outflow of payments for them to be able to manage adequate funding of NOSTRO / VOSTRO accounts
  • Assist in reconcile all incoming and outgoing messages between SWIFT and Finacle to ensure that all transactions have been completed in both systems.
  • Monitor both Finacle and SWIFT system for errors and do necessary repairs to complete the transaction
  • Assist in coordinating and sharing information with GHO OPS on payments needing repair to increase STP rates.
  • Coordinate with compliance unit on issues relating to handling payments blocked in Payment Screening System

As a Payments Administrator you will need:

  • 18 months experience within Banking Industry
  • Must have knowledge of SWIFT message types
  • Working knowledge of FX, BACS, Faster Payments and Euro Clearing
  • Must have good understanding of back-office Banking Operations
  • Proficient in Excel (Advanced Level Desirable)
  • Excellent command of written and spoken English
  • Excellent interpersonal and verbal skills
  • Ability to work on own initiative and ability to prioritise work
  • Exceptional time management skills with the ability to thrive whilst working under pressure
  • Accurate organized individual, flexible and happy to undertake any task in support of the team members and thus the client
  • Excellent knowledge of MS Office skills in Word, Excel and PowerPoint
  • Should have a positive "can do" attitude combined with a flexible approach to the tasks required

We are Social