Senior Payment Associate, Starling Bank

Salary not provided
Junior and Mid level
London

1-5 days a week in office

Starling Bank

Mobile-first bank offering personal, joint and business accounts

Job no longer available

Starling Bank

Mobile-first bank offering personal, joint and business accounts

1001+ employees

FintechB2CB2BBankingPersonal financeLendingCredit cardsFinancial Services

Job no longer available

Salary not provided
Junior and Mid level
London

1-5 days a week in office

1001+ employees

FintechB2CB2BBankingPersonal financeLendingCredit cardsFinancial Services

Company mission

To solve our customer's problems - and build the best bank in the world.

Role

Who you are

  • 2-3 years' experience within a payment processing role
  • Previous experience in a back-office operations environment essential
  • Strong knowledge of Current Account Switch Service, BACS, Faster Payments SWIFT and SEPA preferable
  • Knowledge of payments guidelines, scheme rules and regulatory framework
  • Ability to balance workload, dealing with multiple priorities and ability to work within a team in a changing environment
  • Accuracy and excellent attention to detail
  • Ability to communicate effectively with customers

What the job involves

  • We're looking for a Senior Payment Associate to join our team. Everyone at Starling gets the chance to own interesting things from day one, and we’re told one of the best things about working here is the ability to achieve a lot in a short space of time
  • Being part of the Payment Operations team and being responsible for the ownership of various payment schemes (Current Account Switch Service, BACS, Faster Payments, and SWIFT/SEPA)
  • Promptly dealing with queries and investigations, internally and communication with other banks
  • Ensuring SLAs are adhered to
  • Showing ownership and accountability for offering solutions that help and benefit our customers
  • Actively seeking to improve processes and workflows
  • Supporting payment processing
  • Providing SME payment support to Contact Centre/Payment Operations
  • Supporting incident management
  • Working closely with Reconciliation's team to resolve outstanding breaks
  • Maintaining existing and create new procedural documentation
  • Supporting the team and dealing with ad-hoc tasks that may arise

Application process

  • Applications for this role will close on 15/06

Salary benchmarks

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Insights

Led by a woman
Top investors

43% female employees

40% employee growth in 12 months

Company

Company benefits

  • Time off: 25 days holiday, plus your birthday as an extra freebie. You can also opt out of bank holidays and take them when works for you!
  • Health insurance: Private health insurance with Vitality Health, one of the UK's leading private medical insurers
  • Pension scheme
  • Paid volunteering leave: We encourage all our employees to give back. You can take up to 16 hours paid leave a year, specifically to help causes meaningful to you
  • Gym & cycle to work schemes: We offer discounted gym memberships and cycle to work schemes through salary sacrifice
  • Perkbox: For a wide range of retail, entertainment and leisure discounts (as well as cash back) at a huge variety of businesses

Funding (last 2 of 11 rounds)

Apr 2022

$175.8m

LATE VC

Jun 2021

$47.2m

LATE VC

Total funding: $1.2bn

Our take

Starling started life focused on consumer banking, it has since found most of its success by competing in the business banking space. Its caught up with Tide and beaten the likes of Monzo and Revolut to a more complete offering for businesses.

This progress resulted in the company receiving a £100M grant in April 2019 from a body created to boost competition in SME banking, which it has used to accelerate building a full suite of digital banking products: intelligent forecasting tools, and digitally-enabled relationship management functions, as well as lending products. Since then, it has gone on to raise significant rounds of funding with leading investors such as Goldman Sachs.

As well as continuing to expand in the UK, its expanding in Europe. And its imminently launching an international bank in Dublin, which has allowed it to offer its current account across the European Union post-Brexit

Banking for small businesses has historically been ignored, even though the experience is poor. Starling is in tune with knowing what its customers want, and continues to build out its range of third-party products within its banking app thanks to support from its open API. Having achieved profitability, it currently has 26 integrations, including Xero, but that figure continues to grow.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle