Payment and Settlements Analyst

LMAX Group is seeking a highly analytical and detail-orientated Payments and Settlement Analyst to join our payments team. The ideal candidate will have a strong background in financial analysis, experience with payment processing systems, and a deep understanding of settlement procedures. Main Duties & Responsibilities: • Raising payments across multiple entities using a TMS system and online banking portals, whilst ensuring all payments are accurately raised and released in a timely manner. • Monitor and reconcile daily payment transactions to ensure accuracy and completeness. • Investigate and resolve discrepancies in payments, settlements, resolve any queries, i.e. Recalls, Tracers and Rejections both internally and externally. • Collaborate with internal teams and external partners to facilitate smooth payment process. • Analyse payment data to identify trends, risks, and opportunities for process improvement. • Building and maintaining macro and other excel spreadsheets for reconciliations. • Act as the key contact for payments and develop good working relationships with internal and stakeholders. • Stay up to date with industry regulations and best practices related to payments and settlements. • To ensure that LMAX’s principles and controls for risk management, TCF and CASS are adhered to and highlight any potential/risks of breaches. • Working with Broker Operations teams to ensure all client related queries are dealt thoroughly and providing cover as required. • Maintaining through regular updates a sound understanding of the risks and controls associ-ated with their role and subsequently utilising this knowledge to follow and enforce all agreed procedures to ensure risks are minimised across the payment processes and within the team. • Work covering Monday to Friday with occasion weekend on-call and UK bank holiday work. • Assist with ad-hoc projects and tasks as assigned by management. • Bachelor’s degree in finance, Accounting, or related field • Proven experience in payments, settlements, or financial analysis role • Strong analytical skills with the ability to interpret complex financial data. • Proficiency in Microsoft Excel and other software applications. • Excellent communication and interpersonal skills • Ability to work independently and collaboratively in a fast-paced environment. • Attention to details and accuracy in all work activities. • Knowledge of payment processing system • 25 days of holiday • Bonus • Pension: CPF • Private medical and dental coverage • Term Life • Personal Death and Accident Insurance • Wellness contribution program with access to ClassPass • Plumm Platform • Five volunteering days • Give as You Earn initiative