Payment and Settlements Analyst

LMAX Group is seeking a highly analytical and detail-orientated Payments and Settlement Analyst to join our payments team. The ideal candidate will have a strong background in financial analysis, experience with payment processing systems, and a deep understanding of settlement procedures.

Main Duties & Responsibilities:

• Raising payments across multiple entities using a TMS system and online banking portals, whilst ensuring all payments are accurately raised and released in a timely manner.
• Monitor and reconcile daily payment transactions to ensure accuracy and completeness.
• Investigate and resolve discrepancies in payments, settlements, resolve any queries, i.e. Recalls, Tracers and Rejections both internally and externally.
• Collaborate with internal teams and external partners to facilitate smooth payment process.
• Analyse payment data to identify trends, risks, and opportunities for process improvement.
• Building and maintaining macro and other excel spreadsheets for reconciliations.
• Act as the key contact for payments and develop good working relationships with internal and stakeholders.
• Stay up to date with industry regulations and best practices related to payments and settlements.
• To ensure that LMAX’s principles and controls for risk management, TCF and CASS are adhered to and highlight any potential/risks of breaches.
• Working with Broker Operations teams to