Payment Coordinator

Job title: Payment Coordinator

Company: OneSavings Bank


Job description: The Payments team is an integral part of the Finance Department at OSB Group, responsible for processing a range of internal and external payments through several banking systems.The team works in a fast-paced environment, supporting and communicating with various other parts of the business.About UsThe OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.Alongside passion for our products and customers, we’re passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.What you will be doingAs a Payments Coordinator, you will play a key role in ensuring the smooth processing of payments and accounts payable tasks. This role offers a fantastic opportunity to gain broad finance experience in an exciting collaborative environment. If you thrive on juggling multiple tasks, enjoy a fast-paced role, and take pride in meeting deadlines, this is the perfect opportunity for you.Your responsibilities will include…

• Ensuring all Faster Payments, CHAPS, and manual cheque payments are processed accurately and within deadlines.
• Validating daily BACS return files in compliance with BACS rules and guidelines.
• Preparing and maintaining data for Payment Practices Reporting in line with legislation.
• Processing and reconciling Loan Origination payments, working closely with the Underwriting team.
• Preparing and executing month-end tasks, including reflective reporting and BACS return file processing.
• Managing the Corporate Credit Card process for the business, ensuring authorisations are in line with mandates and that exception reporting takes place monthly in a timely manner.

In return for your commitmentWe offer a base salary dependent on experience of between £25,000 – £28,000 and a competitive benefits package including:

• Discretionary annual bonus opportunity of up to 12.5%
• 28 days annual leave plus bank holidays
• Contributory pension (8% employer 5% employee)
• Life Assurance (4x salary) plus Group Income Protection
• Access to Private Medical Insurance and Medical Cash Plan
• Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme

Could you be the one?We are looking for talented individuals who have the experience and knowledge set out below:

• Previous experience working in a high-volume role, handling multiple tasks efficiently.
• Strong administrative experience within a finance or regulated environment.
• Proficient in Microsoft Word and Excel.
• Familiarity with Bankline, Barclays.Net, or similar financial software is desirable.

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.What to do nextIf this sounds like you, please apply now! For internal applications please visit the internal careers page to apply.Alternatively, if you wish to have an informal and confidential chat please get in touch. Contact details can be found on our careers page.If shortlisted from your initial application we operate a personalised recruitment process. Interviews are a two way street, we aim for them to be relevant and conversational to get the best out of you!OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not just productive in an office and tied to the 9 to 5. Flexible-working opportunities are important for establishing a healthy work-life balance so if you see a role of interest we are happy to be asked about flexibility and explore together if we can make it work.All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.

Expected salary: £25000 – 28000 per year

Location: Wolverhampton

Job date: Thu, 06 Mar 2025 08:10:50 GMT

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