Operations Specialist

Reposted 9 Days Ago
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Mayfair, Westminster, Greater London, England
In-Office
35K-40K Annually
Junior
Fintech • Software • Financial Services
The Role
The Operations Specialist will manage payment processing, reconciliation, and client communication, supporting operations and improving internal processes.
Summary Generated by Built In

Ballinger & Co. is an independent provider of foreign exchange risk management and trading services to financial institutions and corporate clients with large and complex FX requirements.

We are a fast growing, well funded business run by a a team of FX specialists who previously built and sold the UK's largest FX broker.

Having launched the business in 2020 and achieved all of our goals to date, we now seek to expand our back-office team with an additional Operations Specialist who will be trained by our Head of Operations & Trade Support back office all-rounder, with scope to progress and specialise as the business grows.

This is an excellent opportunity for any candidate looking to start their career in financial services client services, or for a professional early in their career looking for their big break into a role with unlimited potential.

Salary £35,000-40,000


Requirements
  • This position serves a pivotal role in Operations. Supporting multiple work streams, as required, including but not limited to Posting of incoming wires, processing of outgoing wires, Reconciliation, Trade Verification, Queries.
  • It will serve as a pivotal role in the real time processing of client instructions, Responsibilities include but are not limited to approve payment information; creating and/or reviewing beneficiary details; following up with either clients or other internal departments if and as required.
  • Create/Review/Approve all payments (domestic & international).
  • Review and Cancel/Amend/Modify foreign exchange transactions as required.
  • Communicating with clients when the clarification of beneficiary instructions, or FX trades is required.
  • Reconciliation of bank accounts against our internal treasury management system.
  • Liaising with our Risk Team to ensure our exposure is covered and margin calls are met.
  • Playing a key role in a number of projects and improving processes.
  • Ongoing training and development through training sessions and CISI exams.

Key Skills and Competencies:

  • A minimum 2 years experience in domestic and/or international payment processing.
  • High attention to detail is essential to ensure both payment accuracy, and prompt delivery to the ultimate beneficiary.
  • Ability to analyse payment instructions for viability.
  • Ability to work within rules and guidelines.
  • Very strong written and verbal communication skills.

Technical Experience:

  • Experience in a Payments Function
  • Experience in a Reconciliation Function
  • Understanding of KYC and Client Onboarding
  • Knowledge FX Payments industry

Benefits

  • Private Healthcare Plan
  • Pension Plans
  • Leave Package
  • Training & Development
  • Employee Assistance Programme
  • Competitive salary (depending on experience).
  • Excellent opportunity to progress in a fast growing company.

Top Skills

Kyc And Client Onboarding
Payments Function
Reconciliation Function
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The Company
HQ: London
60 Employees
Year Founded: 2018

What We Do

Ballinger Group is a specialist FX broker providing flexible and innovative foreign exchange services to corporate and institutional clients globally.

Headquartered in London, Ballinger Group was established by market leading professionals to provide tailored and competitive deliverable FX solutions for sophisticated clients underserved in the market.

Ballinger Group’s senior management team has over 100 years of experience at the forefront of the foreign exchange market and the business is supported by an extensive liquidity network of professional partnerships and banking arrangements.

The Balinger Group comprises three distinct entities, namely, Ballinger & Co Ltd, Ballinger Europe Ltd, and Ballinger Markets Ltd. For full details on all companies within the group and their registration information please
visit ballinger.group/entities.

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