Payment Processing Associate
Posted Today by EA First
Negotiable
Undetermined
Hybrid
London Area, United Kingdom
Summary: The Payment Processing Associate role is a temporary position within a London-based FinTech company, focusing on payment operations and back-office tasks. The successful candidate will handle account processing, transaction confirmations, and communication with banking partners. This position requires strong analytical skills and attention to detail, ideally with prior experience in payment operations. The contract duration is three months, with a hybrid working arrangement.
Key Responsibilities:
- Opening, processing, and funding accounts on behalf of clients
- Checking high-value transactions to fund accounts
- Recording confirmations of transactions
- Confirming with internal teams on all daily executed payments
- Communicating with banking partners regarding account openings and payment executions
- Preparing accurate file instructions from offline spreadsheets
- Conducting operational reconciliations
- Uploading interest earned to client accounts portfolio
- Updating platform entries to reflect deposits and withdrawals
- Ensuring accurate recordings of product references and dates
- Uploading client deposits to the platform in line with internal processes
- Managing and circulating posts and cheques received into the office
Key Skills:
- Experience in payment operations
- Strong analytical skills
- Excellent Excel skills
- High attention to detail
- Desirable experience in banking, financial services, or fintech
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Finance
We're pleased to be recruiting for a Payment Processing Associate, on a 3-month temporary contract for this growing London-based FinTech company. We are looking for a highly motivated individual with a keen interest in payments or back-office operations within the financial sector. This is a busy and varied role, where you'll be opening, processing, and funding accounts on behalf of clients, including:
- Checking high-value transactions to fund the accounts opened
- Recording confirmations of transactions
- Confirming with internal teams on all payments executed daily
- Communicating with banking partners regarding account openings and the execution of payments to and from them
- Preparation of accurate File instruction from offline spreadsheets
- Operational Reconciliations
- Uploading interest earnt to client accounts portfolio
- Updating platform entries to reflect deposits and withdrawals to client accounts
- Ensuring accurate recordings of product references and dates in line with deposits
- Uploading client deposits to the platform in line with internal processes
- Managing and circulating posts and cheques received into the office
Ideally, you'll have experience in payment operations, strong analytical skills, excellent Excel skills and high attention to detail. Banking, financial services or fintech experience would be desirable.
Location: London (near Liverpool Street)
Hybrid working - Tuesday-Thursday in the office
Hours: Monday-Friday - Full time
Hourly rate: Competitive
Duration: 3 months
EA First Ltd are acting as an Employment Business for this temporary vacancy.