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Payments Manager

  • Location

    Cambridge

  • Job Function:

    Administration

  • Sector:

    Administration

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Hayley Murfitt

  • Contact email:

    hayley.murfitt@ea-first.com

  • Job ref:

    BBBH2373_1729262020

  • Published:

    about 1 month ago

  • Expiry date:

    16 January 2025

  • Consultant:

    Hayley Murfitt

We're excited to be partnering with a fast-growing FinTech business who are looking for a talented and enthusiastic Payments Manager to join their team.

As the company is expanding, this a perfect position if you would like to have a significant impact on their growth and also develop your role and career as the business evolves.

You'll be joining a team where your ideas will be welcomed and valued.

The Payments Manager position is key in helping the Payments Team scale existing payments volumes as well as define how payments will be processed as new products are launched over the coming months.

This is a varied, busy and proactive role, where you'll be:

  • Ensuring the accurate and timely processing payments to partner banks and end clients.
  • Accurately processing internal transactions between virtual and transactional accounts.
  • Reviewing reconciliations on a daily basis to align platform and client account balances.
  • Identifying and rectifying issues, with further root cause analysis..
  • Checking team members' payment entries, interest and platform-generated entries for accuracy prior to processing.
  • Monitoring and allocating teams' workload adapting where requirements rise.
  • Compilation and allocation of interest, fees and other transactions.
  • Reporting to line manager weekly management information reporting.
  • Helping to identify process and technology changes to benefit processes, team and bank relationships.
  • Mentoring and guiding team members in internal procedures and personal development.

You'll be confident in:

  • Processing of payments, Faster Payments, Chaps, Currency Payments.
  • Knowledge of interest rates, calculations and process changes.
  • Understanding of MS Excel


Ideally with:

  • Good knowledge of the clearing and settlement cycles for UK domestic payment schemes
  • Understanding of PSR/PSD2 rules
  • Experience of changes required for Financial Services firms to comply with APP rules and CoP

Location:

Cambridge (with hybrid working)

Salary and Benefits include:

  • Competitive compensation
  • 25 days holiday + bank holidays
  • Pension
  • Private medical insurance
  • Employee health and wellness discounts
  • Cycle to Work Scheme
  • Monthly happy hours and team lunches

Working Pattern

  • Hybrid working pattern is 3 days in the office, 2 days remote.

EA First Ltd are acting as an Employment Agency for this permanent vacancy.