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Account Payment Processing Trainee HND / BA / BSc Job

2024-05-29 12:47   Accounting / Financial Services   Lagos   24 views
Job Details


Participate in a structured training program designed to provide comprehensive training in payment processing operations, including ACH transfers, wire transfers, bill payments, and other financial transactions.
Learn to verify the accuracy and authenticity of payment instructions, including account details, transaction amounts, and beneficiary information, to ensure compliance with regulatory standards and prevent errors or fraudulent activities.
Gain knowledge of regulatory requirements, industry standards, and internal policies related to anti-money laundering (AML), Know Your Customer (KYC), and fraud prevention measures, and ensure adherence to these standards in all payment processing activities.
Assist in managing and processing various types of payments using banking software systems and payment processing platforms, ensuring timely execution and accuracy in transaction processing.
Assist in reconciling payment transactions with bank statements, general ledger accounts, and internal records to identify and resolve discrepancies, ensuring accurate financial reporting and compliance documentation.
Provide support to customers regarding payment-related inquiries, transaction status updates, and resolution of payment issues or disputes, delivering prompt and courteous service to enhance the overall customer experience.
Maintain detailed records of payment transactions, processing instructions, and compliance documentation, and assist in preparing reports on payment volumes, trends, and exceptions for management review.
Stay updated on industry trends, technological advancements, and regulatory changes affecting payment processing operations, and actively participate in ongoing training sessions and professional development opportunities.
Performing any other duties as it may be assigned by the Account Manager or by the boss.


Bachelor’s degree in Finance, Accounting, Business Administration, or a related field preferred.
Entry-level position; prior experience in banking or financial services is advantageous but not required.
Strong attention to detail and accuracy in work.
Excellent organizational and time management skills.
Proficiency in using computers and software applications.
Effective communication and interpersonal skills.
Analytical mindset, eagerness to learn, and a strong interest in pursuing a career in banking operations.

Company Description
UK Neo-Banking Financial institution, providing Banking as a Service (BaaS)