LMAX Group

FinTech

PaymentsandSettlementsAnalyst

£55–75k ~AI est. Slough, England, United Kingdom FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Payments and Settlements Analyst at LMAX Group. Skills: Payments, Settlements, Financial analysis. Raise payments across entities. Ensure payments accurately raised”

Industry & Context.

FinTech
Problems you'll solve

Analytical skills

Eligibility Requirements

Shift work, Weekend on-call, UK bank holiday work

What They're Looking For.

Must Have

Bachelor's degree in finance, Proven experience in payments, Proven experience in settlements, Proven experience in financial analysis, Proficiency in Microsoft Excel, Knowledge of payment processing systems

Nice to Have

CFA charterholder preferred, FRM charterholder preferred

What You'll Do.

Raise payments across entities

Ensure payments accurately raised

Ensure payments released timely

Monitor daily payment transactions

Reconcile daily payment transactions

Investigate payment discrepancies

Resolve payment discrepancies

Resolve settlement discrepancies

Resolve payment queries

Identify opportunities

Maintain spreadsheets

Develop working relationships

Stay up to date with regulations

Adhere to principles and controls

Highlight risks of breaches

Deal with client queries

Provide cover as required

Maintain understanding of risks

Maintain understanding of controls

Enforce agreed procedures

Minimise risks across payment processes

Assist with ad-hoc projects

Assist with ad-hoc tasks

How You'll Work.

Team & Collaboration

Collaborate with internal teams; Collaborate with external partners; Work with Broker Operations teams; Liaise with stakeholders

Communication Scope

Interpersonal skills

Full Job Description

We are seeking a highly analytical and detail-orientated Payments and Settlement Analyst to join our payments team. The ideal candidate will have a strong background in financial analysis, experience with payment processing systems, and a deep understanding of settlement procedures. **Main Duties & Responsibilities:** * Raising payments across multiple entities using a TMS system and online banking portals, whilst ensuring all payments are accurately raised and released in a timely manner. * Monitor and reconcile daily payment transactions to ensure accuracy and completeness. * Investigate and resolve discrepancies in payments, settlements, resolve any queries, i.e. Recalls, Tracers and Rejections both internally and externally. * Collaborate with internal teams and external partners to facilitate smooth payment process. * Analyse payment data to identify trends, risks, and opportunities for process improvement. * Building and maintaining macro and other excel spreadsheets for reconciliations. * Act as the key contact for payments and develop good working relationships with internal and stakeholders. * Stay up to date with industry regulations and best practices related to payments and settlements. * To ensure that LMAX’s principles and controls for risk management, TCF and CASS are adhered to and highlight any potential/risks of breaches. * Working with Broker Operations teams to ensure all client related queries are dealt thoroughly and providing cover as required. * Maintaining through regular updates a sound understanding of the risks and controls associated with their role and subsequently utilising this knowledge to follow and enforce all agreed procedures to ensure risks are minimised across the payment processes and within the team. * Work covering Monday to Friday with occasion weekend on-call and UK bank holiday work. * Assist with ad-hoc projects and tasks as assigned by management. **Requirements** * Bachelor’s degree in finance, Accounting, or related f

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