Payment and Settlements Analyst

Description:

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:

  • 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 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.
  • 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 field
  • Proven experience in payments, settlements, or financial analysis role
  • Strong analytical skills with the ability to interpret complex financial data.
  • Proficiency in Microsoft Excel and other software applications.
  • Excellent communication and interpersonal skills
  • Ability to work independently and collaboratively in a fast-paced environment.
  • Attention to details and accuracy in all work activities.
  • Knowledge of payment processing system

Benefits:

  • 25 days of holiday
  • Bonus
  • Pension: CPF
  • Private medical and dental coverage
  • Term Life
  • Personal Death and Accident Insurance
  • Wellness contribution program with access to ClassPass
  • Plumm Platform
  • Five volunteering days
  • Give as You Earn initiative
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C6B5F07CD7
Department:
Treasury
Location:
Singapore
Singapore
Contract:
Full-time
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