Senior Associate- Payments & Operations

SWIFT Message Processing & Management:

• Handle a wide range of SWIFT message types, including MT101, MT202, MT103, MT199, MT292, MT295, MT195, MT910, MT940
• Ensure the correct processing, transmission, and receipt of messages
• Analyze and resolve issues related to SWIFT messages, including message content discrepancies, formatting errors, and transmission delays
• Managing Swift Payments and ability to track status of payments
  

Reconciliation

• Manage daily reconciliation of Ledgers & Statements ensuring the entries are matched correctly and any unreconciled entries are escalated for resolution
• Ensure all deposits and withdrawals are properly accounted for and recorded in a timely manner
• Investigate and resolve any discrepancies between cash balances and recorded transactions
• Investigate Return of funds and recall requests
• Interacting with correspondent bank to resolve statement related breaks
• Thorough understanding about journal entry postings
• Awareness about advanced excel shortcuts & formulas
  

Field Interpretation and Customization:

• Interpret and modify SWIFT message fields as per internal or regulatory requirements
  

• Provide troubleshooting and resolution support for SWIFT message errors
  

Requirements

Experience:

• Minimum 8 years of hands-on experience working with SWIFT messaging systems
• Experience in managing a team
• Strong expertise in SWIFT messages (MT101, MT202, MT103, MT199, MT292, MT295, MT195, MT910, MT940)
• Deep understanding of the Swift fields & payment formatting requirements for currencies
• Experience with SWIFT broadcast services and network connectivity management
  

Technical Skills:

• Familiarity with SWIFT Alliance, SWIFTNet, and related SWIFT messaging platforms
• Understanding of financial industry standards, regulations, and protocols related to SWIFT
• Proficiency in analyzing and interpreting SWIFT message data and fields
  

Education:

• A degree in Finance, Business, Information Technology, or related field, or equivalent experience
  

Desired Skills:

• Strong written and verbal communication skills
• Eye for detail and ability to work under pressure with strict deadlines
• Accurately performing tasks along with multi-tasking skills
• Willing to work from office on all 5 days
• Primarily UK shift but should be Open to all shifts (including Night shifts)
  

Benefits

• Competitive salary and benefits package
• Professional development opportunities
• Collaborative and dynamic work environment