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Bacs Processing Consultant
London (Full Time, Permanent)

Bacs Processing Consultant - London, South East

BACS / BACS Processing / Operational Management / Payment Processing / Clearing & Settlement Operations

An Operations Manager with extensive knowledge of Bacs processing is required by a leading financial services company, specifically to ensure the integrity and reliability of clearing and settlement operations.

Key Accountabilities:

* Act as a point of expertise and support in day to day Bacs processing. This includes answering queries and supporting at times of incidents in respect of Bacs operations.
* Maintaining a detailed knowledge of the end-to-end payment process (Direct Debits, Direct Credits and Standing Orders) and in-depth understanding of the clearing and settlement operations.
* Ensure that contingency arrangements have been put in place by key suppliers and that the robustness of these procedures is regularly tested and reviewed.
* Maintaining and implementing crisis management and incident handling procedures and putting in place contingency arrangements to accommodate them.
* On a rota basis and as part the Operations, Risk and Compliance team be responsible for managing any out of hours incidents or issues.
* Participating in the acceptance testing and implementation into live operations, of service enhancement/developments by the Infrastructure provider.

Key Skills & Experience:

* A detailed understanding and experience in the day to day operations involved in Bacs processing.
* Proven experience in the Payments industry with detailed knowledge of the end-to-end payment process.
* In depth understanding of the clearing and settlement operations.
* Experience of incident management.
* Experience of in a customer facing role.
* General awareness and working knowledge of law relating to the payments industry
* Analytical mind with a logical approach to problem solving