Payment Operations Specialist/ Banking Operations

Collabera Inc.; Toronto; Hybrid; CAD 25,000 - 26,000; Part time

Job summary

Collabera Inc. in Toronto is seeking a Payment Operations Specialist to support banking operations on a contract basis. You will handle bulk and funding payments, monitor processes, and resolve payment issues, ensuring reconciliation and alignment with procedures.

The role requires 1-2 years in reconciliation, experience in payment processing (MX/MT/SWIFT), solid accounting fundamentals, and strong Excel skills. Hybrid work with 2-3 days onsite; wage: $18-$19 per hour.

Qualifications

• 1-2 years of Reconciliation.
• 1 year experience in payment processing or investigations.
• Familiar with MX, MT, SWIFT payment types.
• Understanding Accounting fundamentals.
• Excel experience.

Responsibilities

• Process bulk and funding payments and monitor payment processes.
• Identify payment failures and follow up on post-processing compliance.
• Perform daily reconciliations and investigate exceptions.
• Process wire, MX and SWIFT payments and resolve discrepancies.
• Collaborate with internal stakeholders on payment issues.
• Ensure payment processing aligns with procedures and service standards.

Skills

Reconciliation

Payment processing

Payment investigations

Understanding payments

Excel experience

Tools

Excel macros

Job description

Payment Operations Specialist/ Banking Operations

Salary Range: 18.00 - 19.00 | Per Hour

Job Code: 371429

End Date: 2026-10-09

Title: Payment Operations Specialist/ Banking Operations Specialist

Type: Contract

Location: Toronto, ON-Hybrid – 2–3 day's onsite

Compensation: $18-$19/hour

Interview Process: 1 Round

Day-to-Day Responsibilities:

• Processing bulk payments, funding payments, monitoring payment process, looking for payment failure, processing payment, follow up on post processing compliance cases, refunds, ensuring reconciliation in check
• Reconciliation is key - must have 1 year experience
• Understand payments - must be familiar with types of payments
• Excel experience (plus if they have done macros - finding a break)
• Investigate payment exceptions and discrepancies.
• Perform daily account and transaction reconciliations.
• Process and investigate wire payment transactions, MX and SWIFT payments.
• Collaborate with internal stakeholders to resolve payment-related issues.
• Ensure payment processing aligns with operational procedures and service standards.

Must-Haves:

• 1-2 years of Reconciliation
• 1 year Previous experience in payment processing or payment investigations
• Understand Payments - must be familiar with types of payments (MX, MT, Swift, etc.)
• Understand Accounting fundamentals
• Excel experience

Pluses:

• Advanced Excel functions i.e. macros - finding a break
• Strong analytical and problem-solving skills.
• Experience working in banking or financial services payment operations.
• Knowledge of payment operations and settlement processes.
• Experience with large financial institutions.
• Familiarity with payment compliance and operational risk.

We may use AI-enabled and/or automated tools to support parts of our recruitment process, including application screening, interview scheduling, and candidate communications. These tools are used to enhance consistency and efficiency. All hiring decisions involve human review and are not based solely on automated processing.

The Company offers a total rewards package in accordance with all applicable federal, provincial, and local laws and requirements. Benefit eligibility and offerings vary based on role, employment status, and work location. For contractor positions, benefits are limited to those entitlements and protections required by applicable law, which may include (as applicable) vacation pay, public holidays, leaves of absence, and other legally mandated benefits or payments.