Banking Operations Associate London, England
Job description
About Griffin
Hi, we’re Griffin! We’re the bank for companies who want to build and launch financial products.
Our context
We're rapidly heading towards a future where most of us access financial services through technology companies rather than high street banks. All sorts of companies are now embedding financial products into their apps and user journeys so that their customers can seamlessly make payments, manage expenses, take out loans, save, invest, and do more.
The problem is that companies are still dependent on legacy banking infrastructure if they want to offer regulated financial products. They need to either partner directly with an (slow-moving, risk-averse) incumbent bank and/or stitch together middleware from various Banking as a Service (BaaS) providers. This process is slow, expensive, and complex and makes it very hard for companies to get new financial products off the ground.
At Griffin, we want to change this.
Our purpose
We want to make it easy for companies to bring finance to their customers at the point of greatest relevance. So, we built a bank.
But not just any bank! Griffin is a technology platform and a bank: fully regulated, API-first, developer-centric, and purpose-built to serve innovative fintechs and brands who want to build and embed financial products.
Learn more about what we do.
Our culture
Our culture is our most important asset, and one of the ways we safeguard it is by being extremely intentional about hiring the right people. We won't hire people who don’t seem like a strong fit for our core values, even if they're otherwise extremely qualified.
We also believe that smart, motivated, conscientious people thrive in high-trust, high-autonomy environments. That’s why we’re transparent by default, and we encourage open discussion and challenge across all levels of the organisation. We’re also remote-first, asynchronous, and fully flexible - because you're the expert on how and when you do your best work.
Learn more about our culture.
The Operations team
The Operations team at Griffin is the mindful engine room, driving our success. We strive to bring joy to our customers, both internal and external, through systems that just work.
There are three core elements to operations at Griffin: banking operations; operational resilience; and customer success. Across all teams, we place significant emphasis on compassion, ownership and curiosity. You will be empowered to make meaningful decisions and supported to make sure we collectively get those decisions right.
As one of the first members of the banking operations team, you’ll be shaping and delivering exceptional payments and fincrime prevention services. You'll be helping us build and run a truly resilient bank that centres around bringing value to our customers.
What will you be doing here?
You will report to the Head of Banking Ops and work closely with product, compliance and the broader operations teams to ensure that our customers receive exceptional outcomes. We believe passionately in eliminating unnecessary manual effort. You will be encouraged automate any process where human intervention does not give a better result.
You’ll be responsible for:
- Smooth and efficient running of our payments; including settlement, investigation and resolution of exceptions, reconciliation and queue management
- Onboarding new customers, ensuring they are moved through verification and background checks quickly and diligently
- Ongoing screening and monitoring of all payment activities, including AML, fraud and credit risk. Timely investigation and resolution of any cases that are raised
- Collecting and analysing data across all of our operational processes. Reporting it with clarity and using it to drive improvements to our products, services and processes
- Managing stakeholders across the firm. You will be responsible for building productive, mutually beneficial relationships across the entire organisation, to ensure the seamless execution of every aspect of payment and fincrime prevention operations
- Ensuring compliance with our regulatory reporting schedule and the production of accurate material to meet those obligations
- You will uphold a consistently high quality of output through rigorous quality assurance
- Embracing your explorer spirit, you will challenge the way we do business today and implement genuine improvements that benefit Griffin as a whole, not just operations.
Who are you
The ideal candidate is driven by a deep sense of ownership, striving to create effective operations that deliver great customer outcomes. As a responsible driver of operational excellence, you’re a pragmatic owner who is constantly seeking ways to improve and develop consistent, timely, and scalable solutions to complex problems.
In your role, you'll also be an explorer, delving into large and disparate data sets, conducting detailed analysis, and interpreting the data to resolve exception cases and discover robust, efficient solutions that push our company towards excellence. Your proactive and curious nature challenges us to improve a little every day, shaping intelligent operations for the future.
You will have most of the following
- Hands-on experience with Payment Operations (FPS, BACS or CHAPS) OR first line fincrime prevention operations. You will become Griffin’s in-house expert in one of these areas and can expect to spend at least 30% of your time supporting the other
- Demonstrable experience of solving complex problems, developing timely and scalable solutions
- Empathy. A strong desire to ensure genuine support for our customers
- Clear and concise written communication skills
- A data-informed approach where MI is developed as a tool to communicate, govern and prioritise, not just tick a box
- Proactive and curious, while achieving a good balance between experimentation and tried-and-tested solutions
- Flexible and supportive approach
Nice to haves
We’d be thrilled if you also have experience managing a team, delivering complex projects or developing strategy and translating it into operational action, but we’re equally happy to support you as you hone these skills here.
What can we offer you?
We are an early stage startup and we're working hard to expand our benefits package. We're planning to add to this list in the future.
- 25 days off a year + bank holidays
- Flexible, remote-friendly working - including supporting home office setup
- Tax-advantaged stock options under HMRC's Company Share Option Plan (CSOP)
- Auto-enrolment into company pension scheme
- Enhanced parental leave with up to 6 months at full pay
- Private medical insurance and life insurance (provided by Vitality and AIG respectively)
How do I apply?
Are we your next move? Apply via the link below, if there's a match our Talent team will reach out to schedule an initial conversation and talk you through our interview process in detail.
N.B: We have a small London office in Moorgate, and we are comfortable hiring people to work from anywhere in the UK. About half of the company is based within occasional commuting distance of London, the other half is full-time remote.
Our goal is for Griffin to proportionally represent the diversity of the working population in society. We’re working to ensure that Griffin is a supportive, empowering and inclusive environment for every member of our team — whatever your combination of race, ethnicity, gender, age, sexual orientation, physical ability, nationality, neurodiversity, and religious beliefs. If you’re part of a group that is under-represented in fintech, we’d love to hear from you
