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Corporate Payments Processing Specialist

4 months ago

Johannesburg, South Africa Isilumko Staffing (JHB) Full time

Job Title: Corporate Payments Processing Specialist

Location: Johannesburg, CBD

Type: 1-year Contract

Job Summary: We are seeking a highly motivated and detail-oriented individual to join our team as a Corporate Payments Processing Specialist. The successful candidate will play a crucial role in the efficient settlement of financial transactions, ensuring accuracy and adherence to market guidelines. The position requires effective communication skills, both verbal and written, as well as the ability to work independently and collaboratively within a team.

Key Qualifications:

  • Able to communicate effectively both verbally and in writing.
  • Strong ability to work individually and as part of a team.
  • Effective communication and problem-solving skills.
  • Knowledge/understanding of Foreign Exchange and Payments used within the Bank.
  • Experience within Payments with a good understanding of (Swift) Society for Worldwide International Financial Telecommunications.

Nice to Have:

  • Good understanding of various Swift message types used for foreign exchange and money market deals (would be an advantage).
  • Understanding of derivative products.

Job Responsibilities:

  • Receive and process settlement instructions for corporate payments.
  • Monitor the settlement lifecycle and ensure transactions adhere to market stipulated guidelines.
  • Identify and escalate exceptions promptly, following established protocols.
  • Respond to basic client queries related to payments processing.
  • Optimize the number of transactions that settle accurately via Straight-through-Processing (STP).

Qualifications and Experience:

  • Minimum 2 years of experience in corporate payments processing.
  • Familiarity with Swift message types and (Swift) Society for Worldwide International Financial Telecommunications.
  • Strong understanding of Foreign Exchange and Payments processes within the banking sector.