updated 5 days ago
Payments Associate
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Job description
Text:
TL;DR
Payments Associate (Global Payment Services): Processing and controlling global payments, resolving exceptions, and supporting the end-to-end payment lifecycle with an accent on SWIFT formats, banking connectivity, operational controls, and stakeholder coordination. Focus on investigating payment discrepancies, identifying control gaps, and implementing workflow improvements and automation across regional operations.
Location: Limassol, Cyprus
Company
provides asset servicing solutions to the global investment management industry, including fund administration, middle-office outsourcing, custody, foreign exchange, trustee services, securities lending, and other banking services.
What you will do
- Input, approve, and process payments accurately and securely according to procedures, controls, and documentation standards.
- Investigate payment discrepancies and errors, perform basic root cause analysis, and escalate critical exceptions.
- Liaise with clients, investment managers, Treasury, Banking Operations, Client Operations, Technology, and other stakeholders.
- Analyze payment and inquiry data to identify recurring issues, operational trends, and process friction points.
- Support system enhancements, workflow changes, automation initiatives, audits, compliance reviews, and special projects.
- Maintain procedures, checklists, and records while contributing to control remediation and operational improvements.
Requirements
- Strong understanding of global payment processes, settlement flows, and banking connectivity.
- Knowledge of SWIFT payment formatting and field definitions; MX experience is advantageous.
- Proficiency with Microsoft Office, particularly Excel.
- Postsecondary education in finance, accounting, business, or a related field.
- Strong analytical and communication skills, including the ability to interpret data and manage stakeholder expectations.
- Knowledge of fund administration and experience supporting process improvements are advantageous.
Culture & Benefits
- Collaborative, diverse, and inclusive working environment.
- Continuous learning and professional development opportunities.
- Group medical insurance and group pension scheme.
- Paid holidays and reimbursement of professional subscriptions.
- Assistance towards gym memberships and support for work-life integration.
Hiring process
- Only candidates progressing to the interview stage will be contacted.
- Accommodation can be requested to support fair and equitable access throughout the recruitment process.
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