Hybrid Senior Associate – Payments & Operations

at Interpolitan Money

• Job title: Senior Associate – Payments & Operations
• Job type: Full Time
• Experience level: Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Tech skills: Swift
• Location requirements: Hybrid, Mumbai, India

About the role

• Senior Associate managing SWIFT message processing and reconciliation, ensuring timely resolution of discrepancies. Collaborating with teams to handle complex SWIFT message issues in Mumbai office.

Responsibilities

• **SWIFT Message Processing & Management:**
• · Handle a wide range of SWIFT message types, including MT101, MT202, MT103, MT199, MT292, MT295, MT195, MT910, MT940.
• · Ensure the correct processing, transmission, and receipt of messages.
• · Analyze and resolve issues related to SWIFT messages, including message content discrepancies, formatting errors, and transmission delays.
• · Managing Swift Payments and ability to track status of payments.
• **Reconciliation**:
• · Manage daily reconciliation of Ledgers & Statements ensuring the entries are matched correctly and any unreconciled entries are escalated for resolution.
• · Ensure all deposits and withdrawals are properly accounted for and recorded in a timely manner.
• · Investigate and resolve any discrepancies between cash balances and recorded transactions.
• · Investigate Return of funds and recall requests.
• · Interacting with correspondent bank to resolve statement related breaks.
• · Thorough understanding about journal entry postings.
• · Awareness about advanced excel shortcuts & formulas
• **Field Interpretation and Customization:**
• · Interpret and modify SWIFT message fields as per internal or regulatory requirements.
• Troubleshooting & Issue Resolution:
• · Provide troubleshooting and resolution support for SWIFT message errors.
• Collaborate with internal teams and SWIFT support to resolve issues promptly.

Requirements

• Experience:
• · Minimum 6 years of hands-on experience working with SWIFT messaging systems
• · Notice period up to 2 months
• · Strong expertise in SWIFT messages (MT101, MT202, MT103, MT199, MT292, MT295, MT195, MT910, MT940).
• · Deep understanding of the Swift fields & payment formatting requirements for currencies.
• · Experience with SWIFT broadcast services and network connectivity management.
• Technical Skills:
• · Familiarity with SWIFT Alliance, SWIFTNet, and related SWIFT messaging platforms.
• · Understanding of financial industry standards, regulations, and protocols related to SWIFT.
• · Proficiency in analyzing and interpreting SWIFT message data and fields.
• Education:
• · A degree in Finance, Business, Information Technology, or related field, or equivalent experience.
• Desired Skills:
• · Strong written and verbal communication skills.
• · Eye for detail and ability to work under pressure with strict deadlines.
• · Accurately performing tasks along with multi-tasking skills.
• · Willing to work from office on all 5 days
• · Primarily UK shift but should be Open to all shifts (including Night shifts)

Benefits

• · Competitive salary and benefits package.
• · Professional development opportunities.
• · Collaborative and dynamic work environment