Junior Operations Officer - Banking

  • People First
  • Dec 15, 2022
Full time Banking

Job Description

Ref 21808

Your New Job Title: Junior Operations Officer - Banking

The Skills You'll Need: English fluent, Administrative and Coordinating experience in the UK.

Your New Salary: £33K + £2K in lieu of bens allowance

Location: Central London

Reporting To: Assistant Manager

Job status: 12 months FTC

Who You'll Be Working for:

Our client is a well-established and fast expanding bank.

What You'll be Doing Each Day:

  • Support with main administrative tasks and project work for the department, within Clearing, Loan Administration and Treasury activities.
  • Support and cover for various types of reconciliations that the department are responsible for.
  • Support and cover for transaction flows for both corporate and treasury products and data entry for international and domestic payments.
  • Support with monitoring of daily queue management to review/process; incoming messages that are to formatted correctly, held payments
  • To provide customer support and deal with enquiries related to clearing services; status of payments, client statements, account status and non-receipt of funds.
  • Support with case handling, including dealing with funds that have been returned by our agent banks, funds that have been held by our agent banks for AML reasons and messages to request further information from our clients to facilitate held payments.
  • Support and cover for the transaction reporting required under both MiFID II and EMIR
  • To support the production of daily, weekly and monthly management information
  • Processing of monthly charges against the Participant accounts relating to bank charges and overdraft usage.
  • Ensure all applicable processes and procedures are adhered to and updated as and when required.
  • Support with team's any other ad-hoc administrative, coordination tasks and support requirements.

Other:

  • As required, establish good working protocols with the Head Office teams, as appropriate, to complete relevant tasks;
  • Complete all training provided by Compliance, Risk and IT and other departments as necessary in a timely manner.
  • Read and understand the Risk Management & Compliance framework (and the policies referenced therein) and the UK Staff Handbook;
  • Identify, report and escalate material risk events, including conduct risk events and conflicts of interest, or losses to the Head of Department.

Conduct Risk:

  • Responsibility for the day-to-day identification, ownership and management of conduct risk and controls through the continuing development and implementation of the Bank's conduct risk framework processes. This includes the internal control processes designed to identify, assess and manage conduct risk, the execution of activities as intended and the identification, reporting and escalation/remediation of inadequate processes and control breaks. On a proactive basis, liaise with and seek guidance from the Second Line of Defence for policy and process queries.

The Skills You'll Need to Succeed:

  • You are confident communicator and comfortable in a client facing role
  • You are methodical, detail orientated and organised
  • You like to get things done and you take full responsibility for your actions
  • You are proactive, self-motivated and hungry to learn
  • Resourcefulness, and the self-motivation to learn our activities and the business
  • Must be digitally savvy, competent on MS Office suite e.g., Excel
  • You enjoy working with the data driven information and confident with numbers and systems
  • Administrative experience within the UK (circa 3 years)

Start date: ASAP

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We would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.

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