Head of Payments
- Recruiter
- HRC Recruitment.
- Location
- Edinburgh Technopole
- Posted
- 17 May 2018
- Closes
- 01 Jul 2018
- Job role
- Accountant
- Sector
- Accounting - Public practice
- Experience level
- Director
Head of Payments - Edinburgh - Highly competitive salary
I am working on a new and exciting opportunity for an experienced Head of Payments to join a leading Wealth & Investment banking group in Edinburgh. They are offering a first class salary and rewards package for the right candidate.
This is a fantastic time to join a forward thinking, innovative and exciting workplace who have their employees and customers at the heart of everything they do. This firm encourages a supportive and family environment, where their employees work hard and are rewarded with career progression paths and learning and development.
Experience needed for Head of Payments role:
The Head of Payments is responsible for the day to day running of the cash payments activities ensuring efficiency of process whilst ensuring expectations of end customers are exceeded. The team covers payments in respect of client and market activities
The role will report into the Head of Investment Operations for Europe and will form part of the Operations Management Team. The role holder will have responsibility for a team of c15 individuals across two locations covering all the activities related to the processing of cash in multiple currencies
- The role requires a candidate with extensive experience of cash processing in multiple currencies across client and collective investment purchase settlement activities who can demonstrate management of complex operational activities across multiple services.
- Proactive approach to the management of exceptions with timely and accurate payments and/or systems updates
- Client facing role requiring the holder to represent the company in client meetings and industry forums
- Management of a multi-locational team of c15 people
- Support to platform customers ensuring the provision of qualitative and timely information in respect of payments and settlements
- Monitoring and ensuring adherence to SLA’s, KPI’s and department procedures.
- Ensuring that all work is carried out in accordance with any relevant compliance or regulatory requirements with particular focus to ensure adherence to CASS, SYSC and COBs rules
- Liaising with other departments and clients as required
- Efficient workflow or process management identifying and implementing improvements as necessary to optimise team performance
- Manage the team’s performance to ensure adherence to the team and individual objectives
- Provision of qualitative department MI
- Resource management in accordance with the business plan, business volumes, budget etc.
- Root cause analysis of all instances of losses, compensation or any other transactions for the account of the firm to understand why they occurred and to identify and implement any processes to reduce losses/mistakes
- Provide leadership and development for individual
Are you this person?
- Qualifications: Financial Services Industry recognised qualifications highly desirable
- Significant demonstrable experience in a management role with a financial services background.
- Commercially aware and service driven
- Experience of building strong cross-functional and location relationships
- Strong leadership qualities
- Ability to exceed in a high volume environment with effective management of multiple simultaneous and competing objectives
- Product knowledge of instruments (mutual funds, equities, fixed income), tax wrapped accounts (ISA, JISA, SIPP) and custody models (CREST, global custody). A working knowledge of CASS rules is a mandatory requirement
- Knowledge of Global Custody and mutual fund models for processing transactions as well as payment processing within the UK and International payments systems highly desirable
- Thorough understanding of the lifecycle of a transaction including reconciliations and postings to client and accounts
Contact Neil Greene at HRC Financial Service Scotland
HRC Recruitment acts as both an employment business and an employment agency.
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