Payment Associate

Kindly go through the JD carefully

Overview of the Role:

We are looking for an experienced and detail-oriented candidate to join Payments Processing Team as Payment Associate. The ideal candidate will Ensure compliance with payment policies, procedures, and regulatory requirements. Analyze payment trends and identify areas for improvement in payment processes. Ideally, you should be working in collaboration with various departments for query resolutions. In addition to this, you should possess good analytical and problem-solving abilities. Prior working experience as a payment lead will be mandatory for this position.

Role & responsibilities

• Processing of all type of payments includes AP/Treasury Payments within given TAT.
• Ensuring timely payment of statutory payments for all clients
• Co-ordination with the internal teams
• Track, monitor and report back the status to requested with relevant proofs.
• Maintain strong attention to details to ensure payments are made accurately and timely based on approved standards.
• Maintain key Internal tracker.
• Contributing to knowledge management activities by identifying and updating knowledge as requested and required.
• Build relationships and rapport with key stakeholders at the transactional / operational level.
• Comply with applicable Money Laundering Prevention Procedures and report any suspicious activity to the Unit Money Laundering Prevention Officer and Line Manager.
• Adhere to policies including escalation and compliance requirements and follow any other relevant internal controls and procedures as they relate to process, products, policies and regulations.

Preferred candidate profile

• Excellent Knowledge of International payments, banking, accounting.
• Having experience on Internet banking HSBC, SBI, Barclays.
• Bachelors/ Masters degree in Finance/ Accounting
• 1+ Yrs of Experience in Payments/Treasury.
• Good Communication skills
• Service Orientation Should be aware of both - the internal as well as external customers and their needs; and is committed to meeting the customers evolving, long-term needs – the focus is on SERVICE
• Result Orientation – Should be able to direct efforts towards developing and implementing realistic action plans to meet business objectives; with a sense of urgency – the focus is on achieving RESULTS
• Initiative – One must not only understand and accept the responsibilities towards his/her job; but also, proactively works towards identifying challenges and its resolution – the focus is on seeking SOLUTIONS
• Professionalism – Should have in-depth knowledge of all functions and displays not only required skill set, but also ethics and integrity while conducting the job – the focus is on PROFESSIONALISM
• Cooperation – One must ensure completion of all tasks at hand and simultaneously extends support to team members and displays joint ownership towards achieving business objectives – the focus is on TEAMWORK
• Communication/Feedback – Should believe in providing feedback to other associates and receiving feedbacks to enhance performance, thereby meeting business objectives – the focus is on OPEN COMMUNICATION
• Immediately joiner would be preferred.