Banking Operations Officer

LMA Recruitment Limited; Greater London; On-site; GBP 36,000 - 44,000; Full time

Job summary

Leading international banking group in London is seeking an Operations Officer to join Wholesale Banking Operations. The role offers exposure across payments, financial crime controls, treasury settlements, reconciliations, operational risk and customer service.

Office-based with salary up to £40K, supporting SWIFT, BACS and other payment platforms. You will ensure accurate, timely processing of financial transactions, monitor for risks, assist with SAR/escalation and contribute to MI and

Qualifications

• Experience in banking operations, payments, or financial services.
• Exposure to AML/KYC and financial crime controls preferred.
• Familiarity with SWIFT, BACS or payment platforms.
• Strong numerical ability and attention to detail.

Responsibilities

• Process and check payments through internal platforms.
• Monitor transactions for financial crime risks and first-line controls.
• Review payment screening alerts and escalate to Compliance when needed.
• Support SAR escalation and reporting requirements.
• Assist treasury settlements and SWIFT instructions.
• Investigate Nostro/Vostro reconciliation breaks and variances.
• Produce MI and support risk and control testing.

Skills

Payments processing

AML/KYC

Financial crime controls

SWIFT

MS Office

Customer service

Tools

SIBS

SWIFT Alliance

MUREX

Bottomline

BACS

Job description

An exciting opportunity has arisen for an Operations Officer to join a leading international banking group, within its Wholesale Banking Operations team.

This is a broad and varied banking operations role offering exposure across payments, financial crime controls, treasury settlements, reconciliations, operational risk and customer service.

• Location: London
• Salary: up to £40K
• This is an office-based role

The Role

You will play an important role in ensuring the accurate, timely and controlled processing of financial transactions.

Duties will include:

Processing and checking payments through SIBS, SWIFT Alliance, PT-X Bottomline and BACSTEL-iP

• Monitoring transactions in line with financial crime and first-line-of-defence controls
• Reviewing payment screening alerts and identifying potential financial crime risks or suspicious activity
• Escalating relevant alerts to Compliance and supporting CDD/trigger-event reviews
• Supporting SAR escalation and reporting where required
• Supporting treasury settlements, including SWIFT instructions and MUREX entries
• Investigating Nostro/Vostro reconciliation breaks and intersystem variances
• Producing MI and supporting operational risk and control testing

Skills/experience required:

Previous experience within banking operations, payments, treasury, financial services, AML/KYC, transaction processing or a regulated environment would be advantageous, as would exposure to SWIFT, BACS or other payment platforms.

• Strong customer service and relationship-building skills
• A willingness to learn new financial and banking systems
• Good working knowledge of Microsoft Office, particularly Excel, Word and Outlook