An analyst within the Payments team is expected to support the payments functions. The functions require an operations mindset with attention to detail, and the ability to follow procedures diligently. A majority of the processes are time critical and must be accurately completed within the day's payment and funding windows. Checklists exist for major functions and these must be followed and completed to record the days work.
The role also involves interaction with other infrastructure areas (including Middle Office, IT, Operations), service teams at various agent banks, and periodic interaction with the businesses.
Check and clear reconciliations, ensure all payments get to agent banks in a timely manner, apply incoming credits, confirm and complete pairoffs, escalate credit crisis hits to GFRM, process return of funds
Payments processing (enter, repair, approve, release and manage payments)
Apply incoming credits to accounts and match credits to advice-to-receive instructions
Creating reports and MIS
Credit crisis names monitoring and follow up
Return of funds
Follow pre-defined operating procedures
Weekly duties: Publish MIS
Monthly duties: Confirm authorized signatories list
Bachelors Degree or equivalent preferred
2+ years experience with Microsoft Office
Advanced PC skills
Ability to work in a high-volume processing environment
Barclays - 2 years ago