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Payments Manager
- Posted 18 March 2021
 - Salary £55000 - £65000 per annum
 - LocationCity of London, London
 - Job type Permanent
 - Discipline Banking Operations
 - ReferenceSDPMZB01_1616068097
 
Job description
City based International Bank, are looking to recruit a Payments Manager to join their expanding Operations Department.
Responsibilities of the Payments Manager will include;
- Ensure that all transactions handled by the team are handled in a timely and efficient manner.
 - Manage direct-report staff, so as to effectively train, evaluate, motivate and support them.
 - Review and remediate current workflows for payment transactions
 - Identify new technologies and market driven initiatives to support payment processing
 - Comply with the FCA/PRA's Individual Conduct Rules.
 - Ensure that all transactions are within the Credit Limits agreed by the Bank's Credit Committee in accordance with the department's procedures.
 - Co-ordinate with other sections in prioritising business workflow.
 - Ensure all payments are handled as per banks SLA. Keep senior management informed of any potential delays/ high value transactions.
 - Support system enhancements, arrange and allocate staff for UAT's besides BAU
 - Report all complaints, issues and near misses as they occur.
 - Ensure that various reports are kept up to date on a weekly/ monthly basis.
 - Set action plan for the team and ensure that actions are completed.
 - Monitor reconciliations.
 - Be responsible for cross training of staff.
 - Update the COO/Sr. Manager on information required for the weekly Executive Committee meeting.
 - Ensure that all enquiries for the Group, CBN and all customers are handled in a timely, efficient and courteous manner.
 - Monitor daily holdovers and queues.
 - Hold team meetings, one to one meetings on a monthly basis.
 - Provide technical assistance and support to other members of the team.
 - Authorise transactions on T24.
 - Ensure that the Bank's procedures in respect of Anti-Money Laundering and Health & Safety are followed at all times.
 - Analysing gaps in process maps and getting senior management to challenge them.
 
To be considered for the Payments Manager position, ideal candidates must have the following experience and skills;
▪ Previous experience in financial services, ideally from an International Bank
▪ Ten years' experience in a senior role within a high volume, fast moving payments environment
▪ Experience of re-engineering processes and recommending / documenting improvements/ requirements
▪ Commercial awareness.
▪ Excellent working knowledge of SWIFT & T24
