Job Vacancy Banking Operations Officer with SWIFT Messaging

Banking Operations Officer with SWIFT Messaging

We are recruiting for a Banking Operations Officer with at least 3 to 5 plus years experience to join the team at this bank based in Central London.

Familiarity with MX SWIFT messaging, including formats such as pacs.008 and pacs.009, is desirable but not mandatory.

Exposure to MX SWIFT messaging is preferred however, candidates without this experience will be considered, provided they demonstrate the ability to learn quickly

Strong customer handling skills are essential, as the role involves direct communication with customers and delivering a high standard of customer experience.

Candidate should possess knowledge of financial crime, principles and demonstrate the ability to apply these effectively within payment processing activities.

Role Description The Banking Operations Officer with SWIFT Messaging at Nexus Jobs will oversee daily banking operations with a focus on processing, monitoring, and reconciling SWIFT messages. This full-time hybrid role is based in London, with the flexibility to work from home for part of the week. Responsibilities include validating and authorizing payment instructions, handling incoming and outgoing SWIFT traffic, and ensuring compliance with internal policies and regulatory requirements. The role also involves investigating and resolving transaction discrepancies, coordinating with internal teams and external counterparties, and preparing regular operational and risk-related reports. The officer will contribute to process improvements, support system enhancements related to SWIFT messaging, and help maintain robust controls within the operations function.

Qualifications

·         Candidates should possess strong interpersonal and communication skills to collaborate effectively with colleagues, clients, and external banking partners.

·         Candidates should possess analytical skills and a solid understanding of finance to interpret transaction data, identify risks, and support accurate reconciliation.

·         Candidates should possess operations management skills, including experience with payment processing, SWIFT messaging workflows, and control frameworks.

·         Candidates should possess the ability to work with attention to detail, manage multiple tasks under time pressure, and follow structured procedures and regulatory guidelines.

·         Relevant experience in banking operations, payment services, or treasury functions, preferably with hands-on SWIFT messaging exposure.

·         Knowledge of banking regulations, AML considerations, and industry standards related to cross-border payments.

·         Proficiency with standard office software and banking operations systems; familiarity with SWIFT platforms and message formats (e.g., MT/MX) is an advantage.

·         Professional certifications or a degree in finance, business, economics, or a related field are beneficial.

Treasury Settlements

· Processing SWIFT payment instructions received from Head Office, branches and subsidiaries in the core banking system.

· Processing MUREX entries in the core banking system for corporate customers and vostros.

· To prepare and update incoming and outgoing pacs.009.

· To inform Treasury of inward and outward pacs.009, when required.

Swift Alliance

· Create/modify/approve SWIFT messages when required.

· Monitor and complete EOD reconciliation of SWIFT messages.

· Ensure MT110, MT195, MT196, MT199, MT910, and MT999 are attended to in a timely manner.

BACS Payment

· Maker or Checker function for BACS Payment Periodic Instruction and earmarks on the core banking system and Bottomline PT-X.

Teller Duties

· To assist with counter service duties and input Teller Transactions in the core banking system.

· To attend to encashment of cheques, deposits of cash and pay-in cheques.

· Answering customers’ queries over the counter and via telephone.

· To maintain cash till when cash counter is open.

Candidates with less than 2 years of relevant experience may be considered.

The position is 5 days in the office.

Salary will be in the range £35K - £40K.

Do send your CV to us in Word format along with your salary and availability.