Job Description

Main Responsibilities

Payment Processing and Control

• Processing SEPA transfers (SCT / SCT Inst) and international SWIFT payments (MT103, MT202, pacs.008)
• Verifying the compliance of payment instructions: IBAN, BIC, beneficiary data, Verification of Payee (VoP)
• Detecting and managing suspended payments, rejections, and returns (R-transactions)
• Monitoring urgent and high-value payments via SEPA orTARGET2 / T2
• Applying sanctions screening procedures (EU, OFAC lists) within the regulatory execution window
• Act as the primary escalation point for complex operational issues within the team
• Drive a culture of continuous improvement, knowledge sharing, and regulatory awareness within the team
• Own the Middle Office Payments function end-to-end, including its operating model, target service levels, and multi-year roadmap
• Define and evolve the control and escalation framework rather than operating solely within an established one

Nostro Account Management

• Daily monitoring of liquidity positions on nostro accounts with correspondent banks
• Reconciling nostro statements with booked transactions (matching MT940 / MT950)
• Identifying and resolving reconciliation breaks within set deadlines
• Managing pending items and escalating to correspondent banks in case of discrepancies
• Optimizing intraday balances in coordination with Treasury
• Own the nostro reconciliation framework and govern the escalation path with correspondents

Back Office

• More broadly, the Middle Officer - Payments will be involved on other back office tasks as back up in securities transactions, corporate actions or tax operations.
• Participate to regulatory reporting related to payments (CESOP, CDDP6, PSD2), and own the function's overall regulatory compliance on payments
• Identify and implement process improvements to enhance STP rates, reduce manual interventions, and increase operational resilience, driving these as a deliberate operating-model strategy
• Maintain and update operational procedures, controls, and escalation frameworks

Skills and experience

• Minimum of a Bachelor's degree, ideally in Banking, Legal, Finance, or a related field.
• Proven experience of 7+ years in a back/middle office role, preferably facing cash and securities transactions
• Sound understanding and experience of transactional regulatory reporting, including CDDP, CESOP, Emir Refit and other relevant regulations
• Background in back-office banking operations with experience in tax-related regulatory matters is preferred
• Strong analytical skills to identify, analyze, and correct regulatory reporting errors and discrepancies
• Demonstrated ability to drive process optimization initiatives and implement best practices
• High level of attention to detail to ensure the accuracy and compliance of regulatory reports and reconciliations
• Excellent communication skills to collaborate effectively with various teams and stakeholders
• Deep knowledge of SEPA payment schemes (SCT, SCT Inst, SDD Core, SDD B2B) and cross-border payment processing

Our Values

Accountability: Taking ownership for tasks and challenges, as well as seeking continuous improvement

Hands-on: Being proactive to rapidly deliver high-quality results

Passionate: Being committed and striving for excellence

Solution-driven: Focusing on client outcomes and treating clients fairly with a risk-aware mindset

Partnership-oriented: Promoting collaboration and teamwork. Working together with an entrepreneurial spirit