Payment Operations Specialist/ Banking Operations Specialist

Title: Payment Operations Specialist/ Banking Operations Specialist Type: Contract - 12+ Months Possible to extend Location: Toronto, ON-Hybrid - 2-3 day's onsite Compensation: $18-$19/hour Interview Process: 1 Round Day-to-Day Responsibilities: Processing bulk payments, funding payments, monitoring payment process, looking for payment failure, processing payment, follow up on post processing compliance cases, refunds, ensuring reconciliation in check Reconciliation is key - must have 1 year experience Understand payments - must be familiar with types of payments Accounting fundamentals Excel experience (plus if they have done macros - finding a break) Investigate payment exceptions and discrepancies. Perform daily account and transaction reconciliations. Process and investigate wire payment transactions, MX and SWIFT payments. Collaborate with internal stakeholders to resolve payment-related issues. Ensure payment processing aligns with operational procedures and service standards. Must-Haves: 1-2 years of Reconciliation 1 year Previous experience in payment processing or payment investigations Understand Payments - must be familiar with types of payments (MX, MT, Swift, etc.) Understand Accounting fundamentals Excel experience Pluses: Advanced Excel functions i.e. macros - finding a break Strong analytical and problem-solving skills Experience working in banking or financial services payment operations. Knowledge of payment operations and settlement processes. Experience with large financial institutions. Familiarity with payment compliance and operational risk. We may use AI-enabled and/or automated tools to support parts of our recruitment process, including application screening, interview scheduling, and candidate communications. These tools are used to enhance consistency and efficiency. All hiring decisions involve human review and are not based solely on automated processing. The Company offers a total rewards package in accordance with all applicable federal, provincial, and local laws and requirements. Benefit eligibility and offerings vary based on role, employment status, and work location. For contractor positions, benefits are limited to those entitlements and protections required by applicable law, which may include (as applicable) vacation pay, public holidays, leaves of absence, and other legally mandated benefits or payments.

The role involves processing bulk and funding payments, monitoring for failures, and handling refunds and compliance cases. A primary focus is performing daily account and transaction reconciliations and investigating payment exceptions.

Candidates must have 1-2 years of reconciliation experience and at least one year in payment processing or investigations. Proficiency in Excel and a strong understanding of payment types (MX, MT, Swift) and accounting fundamentals are required.

• Vacation pay • Public holidays • Leaves of absence

• Problem solvingPreferred
• Microsoft ExcelPreferred
• Payment ProcessingPreferred

Identified from the job description. Confirm important requirements above.

• Reconciliation
• Payment Processing
• Payment Investigations
• MX Payments
• MT Payments
• Swift Payments
• Accounting Fundamentals
• Microsoft Excel
• Excel Macros
• Analytical Skills
• Problem-solving
• Settlement Processes
• Payment Compliance
• Operational Risk

• Finance & Accounting
• Administrative

Minimum experience

0+ years

Apply by

Oct 10, 2026

Posting language

English

Working hours

40 hours per week

Office presence

3 days per week

Seniority

Associate

Application method

Direct apply is available