Payments Settlement Operations Manager
VersapaySalary not specified
Full Time
Senior (5 to 8 years)
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries
Requirements
- Good working knowledge of Microsoft Excel (Formulas, Pivot Tables, Reference Functions)
- Able to identify and accurately process transactions from customers/third parties on loan management systems
- Recent and proven experience of understanding savings/loan transactions and financial reconciliation against each savings/loan record and respective internal bank accounts
- Proven organisational and planning skills with an ability to work independently to complete assigned tasks
- Great interpersonal skills to build relationships with a wide variety of people
- Personable manner, passion and adaptability
- Demonstrable attention to detail
Responsibilities
- Reconcile Loan Management System payment data with multiple bank accounts daily, including processing payments such as BACS, Cheques, Direct Debits, Card Payments and ensure the accounting system reflects the correct transactions
- Identify discrepancies between data sets, the respective root causes and communicate with internal/external stakeholders necessary action to resolve
- Ensure queries and escalations are handled correctly and promptly through to appropriate resolution
- Check emails daily and respond in a timely manner where necessary
- Supporting month end processes and reporting
- Adhere to Tandem’s internal policies and procedures
- Proactively challenge existing processes and take ownership for implementing positive changes which are within own span of control
- Actively contribute to the achievement of the Operational team and Tandem’s objectives
- Keep up to date with all Company/regulatory changes particularly those which affect own business area
- Contribute to mapping and maintaining End-to-end processes, including creating training guides for all tasks associated within the department
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary and bonus for the Reconciliations Specialist role?
The salary is £26,000 with up to 20% bonus and benefits.
Is this a remote role, and what's the office requirement?
The role is based in Blackpool with one day a week in the office; the first few weeks will be fully office-based for initial training.
What skills are required for this position?
Essential skills include good working knowledge of Microsoft Excel (Formulas, Pivot Tables, Reference Functions) and the ability to identify and accurately process transactions from customers/third parties on loan management systems.
What is the company culture like at Tandem Bank?
Tandem is a greener digital bank with values of being Brave, Enterprising, Simple, and Together (BEST), focusing on positive change, nurturing the planet, people, and customers, with a collaborative 500-strong team.
What makes a strong candidate for the Reconciliations Specialist role?
Strong candidates are ambitious, purpose-driven individuals with essential skills in Excel and transaction processing on loan management systems, plus the ability to proactively challenge processes and contribute to team objectives.
Tandem Bank
Digital bank offering green financial solutions
About Tandem Bank
Tandem Bank provides digital financial services with a focus on environmentally friendly solutions. It offers a variety of products including personal loans, home loans, mortgages, car finance, and savings accounts, catering to individuals in the UK. The bank's approach to lending emphasizes green initiatives, aiming to minimize the environmental impact of its customers. Tandem generates revenue through interest on loans and fees from savings products. What sets Tandem apart from other banks is its strong commitment to sustainability, demonstrated by financing significant CO2 reductions and collaborating with partners like Oplo and Allium to enhance its green offerings. The goal of Tandem Bank is to provide fair financial solutions while promoting environmental responsibility.
Blackpool, United KingdomHeadquarters
2013Year Founded
$164.3MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Fintech, Social Impact, Financial ServicesIndustries
201-500Employees