Deputy Manager - Payment Operations in City of London, London

International Bank | London
Salary: £60,000 per annum

An established international bank based in London is seeking a Deputy Manager - Payment Operations to oversee high-value wholesale payment activity and support the efficient running of the Operations function.

This is a hands-on leadership opportunity suited to a detail-focused banking professional with strong payments, SWIFT, and compliance expertise.

Reporting to the Head of Operations & IS, the successful candidate will:

• Authorise and verify SWIFT messages, core banking transactions, and payments above £25,000

• Verify transactions exceeding £100,000

• Review daily transaction reports and release sanctions-screened payments, including OFAC alerts

• Ensure full compliance with AML, KYC, and internal risk policies

• Investigate and resolve complex payment queries

• Produce accurate payment and control reports

• Provide operational cover for senior management when required

The role holder will:

• Supervise and support the Payments Operations team

• Allocate workload and ensure all daily processes are completed accurately and on time

• Identify training needs and enhance team capability

• Promote a culture of strong controls, accountability, and continuous improvement

The ideal candidate will demonstrate:

• Strong end-to-end payments experience, particularly SWIFT and Correspondent Banking

• Experience with core banking platforms (e.g. Finacle or similar)

• Solid knowledge of AML, KYC, sanctions screening, and UK banking regulations

• Experience handling complex and high-value transactions

• Strong analytical ability and exceptional attention to detail

• The ability to perform effectively under pressure

• Proven team leadership and strong communication skills

This is an excellent opportunity for an experienced payments professional to step into a senior operational role within a respected international banking environment.