Senior Associate - Payments Operations Salary: Up to £29,000 Location: Hygeia House Contract Type: Permanent Start Date: Immediate We are seeking a highly motivated Senior Associate - Payments Operations to join a busy Global Payments team within a well-established banking environment. This is an excellent opportunity for an experienced banking operations professional with a strong understanding of domestic and international payments, SWIFT messaging, and operational controls. The successful candidate will play a key role in ensuring the timely and accurate processing of payment transactions while maintaining compliance with regulatory and internal control requirements. Key Responsibilities Monitor the daily flow of payment remittance requests raised by internal stakeholders. Process domestic and international payment transactions accurately and within currency cut-off times, ensuring adherence to ISO20022 standards. Manage funding and currency positioning activities for Treasury reporting through the Request Management System (RMS). Upload FX deal tickets for currency buy and sell transactions. Monitor incoming client funds and apply credits within the core banking system. Process returns of funds to remitting banks using SWIFT message formats, including MT199 and MT299. Process Mastercard payments and bulk INR payment uploads on a daily basis. Raise and manage payment-related queries through CRM systems and ensure timely resolution. Manage reconciliation entries and investigate discrepancies. Liaise with internal departments to resolve operational queries. Ensure compliance with AML, KYC, sanctions screening and internal regulatory requirements. Support the wider Operations team with additional duties as required. Proactively manage tasks assigned by management and contribute to continuous process improvement. Skills & Experience Required Degree in Finance, Business, or a related discipline. 3-5 years' experience within Banking Operations, Payments Operations, or Financial Services. Previous experience supervising or supporting team members is advantageous. Strong understanding of inward and outward payment processing. Knowledge of SWIFT payment message types and payment regulations. Experience with CHAPS, SWIFT and ISO20022 XML standards. Exposure to FX transactions and Treasury-related activities. Familiarity with core banking systems such as Finacle would be beneficial. Good understanding of AML, KYC, sanctions and financial crime controls. Strong Excel skills, including exposure to Macros.Excellent organisational skills with the ability to prioritise workloads and meet strict deadlines.Strong communication and stakeholder management skills.Ability to work effectively under pressure within a fast-paced environment.A proactive, reliable and team-oriented approach.