LMAX Group is 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:
Responsibilities
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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.
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Monitor and reconcile daily payment transactions to ensure accuracy and completeness.
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Investigate and resolve discrepancies in payments, settlements, resolve any queries, i.e. Recalls, Tracers and Rejections both internally and externally.
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Collaborate with internal teams and external partners to facilitate smooth payment process.
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Analyse payment data to identify trends, risks, and opportunities for process improvement.
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Building and maintaining macro and other excel spreadsheets for reconciliations.
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Act as the key contact for payments and develop good working relationships with internal and stakeholders.
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Stay up to date with industry regulations and best practices related to payments and settlements.
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To ensure that LMAX’s principles and controls for risk management, TCF and CASS are adhered to and highlight any potential/risks of breaches.
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Working with Broker Operations teams to ensure all client related queries are dealt thoroughly and providing cover as required.
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Maintaining through regular updates a sound understanding of the risks and controls associ-ated 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.
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Work covering Monday to Friday with occasion weekend on-call and UK bank holiday work.
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Assist with ad-hoc projects and tasks as assigned by management.
Requirements
Requirements
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Bachelor’s degree in finance, Accounting, or related field
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Proven experience in payments, settlements, or financial analysis role
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Strong analytical skills with the ability to interpret complex financial data.
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Proficiency in Microsoft Excel and other software applications.
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Excellent communication and interpersonal skills
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Ability to work independently and collaboratively in a fast-paced environment.
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Attention to details and accuracy in all work activities.
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Knowledge of payment processing system
Benefits
Benefits
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25 days of holiday
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Bonus
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Pension: CPF
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Private medical and dental coverage
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Term Life
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Personal Death and Accident Insurance
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Wellness contribution program with access to ClassPass