Payment Processing Officer
Publication date:
24 November 2024Workload:
100%Contract type:
Unlimited employment- Place of work:Budapest
The Payment Processing Officer is responsible for executing complex cash transactions (mainly Bank to Bank payments) and participating in complex processes in coordination with the Custody Operations team and Treasury. The overall objective of this role is to act as a subject matter expert while processing all regular transfers, payments, trade transactions, cash investigations and liquidity handling for large Financial Institutional clients in relation with their HUF cash corresponding banking activities.
The role is closely involved in managing technology projects throughout the entire system development lifecycle in coordination with the Transaction Services team.
Responsibilities:
- Process all regular, restricted and legal transfers, which include processing of payments, receivables, trade transactions, liquidity flows
- Ensure transactions are processed efficiently, act as a SME (subject matter expert) and recommend/implement process improvements that will increase operating efficiency and lead to an improved client experience
- Evaluate and recommend solutions to problems through data analysis, technical experience and precedent
- Anticipate and respond to requests for deliverables with internal and external clients and vendors
- Contribute to and collaborate with cash & trade operations projects as needed
- Develop comprehension of how the cash & trade operations team interacts with others in accomplishing objectives
- Assist efforts to help drive high rates of client adoption
- Ensure requirements are clearly stated and that business and client needs are met throughout development
Qualifications:
- Bachelor’s/University degree or equivalent experience
- Fluent English and Hungarian language skills
- 1-3 years of experience in cash processing
- Knowledge of SWIFT system and messages (especially MT202/103/210/950/940) is a big advantage
- Fundamental comprehension of financial industry regulations
- Effective verbal and written skills
- Excellent communication and analytical skills
By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:
- Cafeteria Program
- Home Office Allowance (for colleagues working in hybrid work models)
- Paid Parental Leave Program (maternity and paternity leave)
- Private Medical Care Program and onsite medical rooms at our offices
- Pension Plan Contribution to voluntary pension fund
- Group Life Insurance
- Employee Assistance Program
- Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
- Flexible work arrangements to support you in managing work - life balance
- Career progression opportunities across geographies and business lines
- Socially active employee communities with diverse networking opportunities
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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Job Family Group:
Operations - Transaction Services------------------------------------------------------
Job Family:
Cash Management------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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