Payment Processing Associate

Insignis; Cambridge; Hybrid; GBP 28,000 - 35,000; Full time

Job summary

A fast-growing FinTech company in Cambridge is looking for a talented Payment Processing Associate to join their team. The role involves processing payments, managing client accounts, and working within an FCA regulated environment. Ideal candidates will have strong analytical skills, attention to detail, and the ability to work independently. Additional benefits include private medical insurance and a hybrid working pattern.

Benefits

25 days holiday (exc. Bank holidays)

5% Pension contributions

Private medical insurance with Vitality

Health cash Plan for dental and optical contributions

Enhanced Parental Leave

Cycle to Work Scheme

Monthly team lunches

Quarterly company socials

Qualifications

• Experience with strong analytical skills is essential.
• Ability to work independently is required.
• Excellent numeracy and attention to detail are crucial.

Responsibilities

• Process payments and fund client accounts.
• Ensure accurate recording of transactions.
• Communicate with banking partners regarding account operations.

Skills

Analytical skills

Attention to detail

Numeracy skills

Tools

Excel

Job description

We are a fast-growing, FinTech company looking for a talented and enthusiastic individual to join our team. We are expanding, making this a perfect position if you would like to have a significant impact on our company’s growth and develop your role and career as the business evolves. You will join a team where your ideas will be welcomed and valued.

We are currently recruiting for a Payment Processing Associate to join our dynamic and growing team. We are looking for a highly motivated individual with a keen interest in payments or back-office operations within the financial sector. You will be working within an established team that is the back office of our operations, receiving ample support so that you can be successful in your role. Our ideal candidate will demonstrate integrity, be detail oriented whilst also being personable and confident individual. You will be joining a team where your ideas will be welcomed and valued.

Payment Processing

Opening, processing, and funding accounts on behalf of clients, including:

• Check high-value transactions to fund the accounts opened

• Recording confirmations of transactions on our systems

• Confirming with internal teams on all payments executed daily

• Communicating with banking partners regarding account openings and the execution of payments to and from them

Platform Management

• Uploading interest earnt to client accounts portfolio

• Updating platform entries to reflect deposits and withdrawals to client accounts

• Ensuring accurate recordings of product references and dates in line with deposits

• Uploading client deposits to the platform in line with internal processes

• Managing and circulating posts and cheques received into the office

We work in an FCA regulated environment, handling millions of pounds of client cash every day so we need bright, high-quality individuals.

Experience and skills required for the role:

• Strong analytical skills, with experience with excel

• Able to work without supervision, focusing on the interactions between different parts of the business and our banking partners, to deliver the required outcomes

• Accuracy and excellent attention to detail

• Excellent numeracy skills

• 25 days holiday (exc. Bank holidays)
• 5% Pension contributions
• Private medical insurance with Vitality
• Health cash Plan offering contributions to dental, optical and much more
• Enhanced Parental Leave
• Cycle to Work Scheme
• Monthly team lunches, quarterly company socials

Working Pattern

• Hybrid working pattern in the Cambridge office, 3 days in the office, 2 days remote.