Payments and Settlements Executive

Posted 19 Hours Ago
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London, Greater London, England
Junior
Financial Services
The Role
The Payments and Settlements Executive supports the Transactions Operations team by executing payment processes, ensuring accurate transaction allocation, resolving client queries, and contributing to process improvement. The role involves collaborating with stakeholders, adhering to performance metrics, and taking ownership of personal development in a dynamic financial services environment.
Summary Generated by Built In

What is Flagstone? 

Flagstone is many things. An online savings platform, reinventing how individuals, businesses, and charities manage, protect, and grow their cash. A diverse group of people, bound by a collaborative spirit, and shared purpose. And lastly, a thriving, profitable business – where smart people do their best work. 

Each definition shares a common thread: our unique culture. It’s our pride and joy. And our competitive advantage. 

A feel for our culture:

To revolutionise the savings market, we need to be at our best. But high performance takes more than talent – it takes a culture of kindness, respect, and growth.  

That’s why we’re building a diverse, inclusive community, where your voice is heard and valued. Where, with close support and room to develop, you can surpass even your own expectations. And be rewarded for it. 

We may not change the world, but we can change the world of financial technology. And all it takes is a winning mix of drive, talent, and empathy. Our culture celebrates all three. 
 
But enough about us. Let’s talk about you. 

Does this sound like you? 

You’re enthusiastic and demonstrate a technical mindset with a keen interest in finance. You’ll ideally have two years financial services and payments experience, and you are excited to forge a new way to save. 

What you’ll do: 

The Transactions Operations team has a wide range of responsibilities including Instructions and Payments, Credits and Reconciliations. The team manage all movements of funds between Flagstone, our clients and our Partner Banks, ensuring we keep within Anti-Money Laundering guidelines and adhere to our safeguarding policy at all times.  

This role is part of the Payments and Settlements team, and you will support the Team Lead in various tasks as well as hold key responsibilities in ensuring the department goals and objectives are met. Your days are guaranteed to be varied, and we always encourage you to think about how to improve our service and will welcome your ideas.  

Your responsibilities will include: 

  • Executing accurate and timely Payments and Settlements processes in line with SLAs and KPIs
  • Ensuring client transactions are accurately identified and appropriately allocated
  • Ensuring payment processing and queries are dealt with in a professional and timely fashion
  • Contacting our clients and partner banks to resolve queries
  • Supporting and collaborating with key stakeholders day to day
  • Ensuring all work is completed to a high standard prior to authorisation
  • Pro-actively contributing ideas to optimise process efficiency across the PSR team and be part of our constant progression to excellence
  • Contributing to an environment of high engagement and high performance
  • Providing regular reporting to senior management as required
  • Adhering to SLA and KPI’s in relation to PSR and escalated where required to the Team Lead
  • Taking ownership of your personal development
  • Acting as a role model for Flagstone’s culture and behaviours

What you’ll bring: 

  • A self-starter mindset and an ability to drive and adapt to change
  • Financial services operations and payments experience, ideally within a FinTech or high growth/start up environment
  • An inquisitive mind-set that will question the “what, why and how we can improve”
  • An interest in macro-economics and the financial service industry
  • Analytical approaches with strong attention to detail
  • A delivery focus with persistence to achieve results through completion, taking responsibility for your own actions
  • Great communication skills and the ability to build strong relationships across all levels
  • A desire to join a team of like-minded people who strive to support each other, and give back to the community
  • Ability to use Word and Excel with confidence and to an intermediary level

How we reward you:  

At Flagstone, the benefits extend beyond false gifts like “fruit and snacks”. Instead, we invest in your health, wealth, and professional development. Here’s a selection of our benefits:  

  • Private healthcare
  • Life insurance (four times your annual salary)
  • Dental/optical care
  • Matched pension contributions (5%)
  • Income protection
  • Around the World in 90 days (remote working)
  • £1,000 annual learning bursary
  • 25 days holiday (plus bank holidays)
  • Home working kit
  • Employee share scheme
  • 25 days holiday (plus bank holidays)
  • Additional 3 days community and charity leave each year
  • Quarterly half days for Wellness leave
  • Flexible bank holidays
  • Gym discount

All are welcome. 

At Flagstone, we’re assembling a diverse team that defies our industry’s norms. Think this role could suit you? We encourage you to apply, no matter your background. 

#LI-Hybrid

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The Company
HQ: London
245 Employees
On-site Workplace
Year Founded: 2013

What We Do

Flagstone – the cash deposit platform – gives savers everything they need to manage, protect, and nurture their cash. With a single application, savers can spread their deposits across hundreds of accounts, maximise their interest, and keep their cash secure. Our platform is available to UK individuals, businesses, and charities at www.flagstoneim.com. We are available to international individuals, corporates, funds, and trusts at www.flagstoneim.com/international.

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