Senior Payment Specialist

We are seeking a highly skilled Senior Payment Specialist to join our team at State Street. In this role, you will be responsible for overseeing and managing all payment processes for our clients. We are looking for a detail-oriented individual with extensive experience in payment processing and a strong understanding of financial regulations. If you are a motivated and organized professional with a passion for delivering exceptional customer service, we encourage you to apply for this exciting opportunity.

1. Oversee and manage all payment processes for clients, ensuring accuracy and efficiency.
2. Adhere to financial regulations and company policies regarding payments.
3. Monitor and reconcile payment accounts to ensure accurate and timely transactions.
4. Develop and maintain relationships with clients to understand their payment needs and provide exceptional customer service.
5. Train and mentor junior payment specialists in best practices and procedures.
6. Identify and resolve any issues or discrepancies in payment processes.
7. Continuously evaluate and improve payment processes to increase efficiency and effectiveness.
8. Communicate with internal and external stakeholders to ensure timely and accurate payment processing.
9. Maintain up-to-date knowledge of industry trends and regulations related to payment processing.
10. Collaborate with cross-functional teams to implement new payment processes and systems.
11. Prepare and present reports on payment processing activities to management.
12. Ensure compliance with company and client-specific payment policies and procedures.
13. Handle escalated payment issues and provide timely and effective resolutions.
14. Monitor and manage payment related risks and take necessary actions to mitigate them.
15. Stay updated on the latest payment technologies and implement them to improve processes.

According to JobzMall, the average salary range for a Senior Payment Specialist in Quincy, MA, USA is $60,000-$80,000 per year. This may vary depending on factors such as the specific company, industry, experience level, and location. Some employers may also offer additional benefits such as bonuses or commission. It is always best to research and compare salaries for similar positions in the area to get a better understanding of the market rate.

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.