Senior Fund Transfer Specialist

Job Title: Senior Fund Transfer Specialist

Location: UAE (Remote)

Employment Type: Full-Time

Work Arrangement: Fully Remote — 100% Work From Home

Level: Senior

About Us

We are seeking an experienced Senior Fund Transfer Specialist to manage and oversee fund transfer operations, payment processing, transaction monitoring, and settlement activities. The successful candidate will ensure the accurate, timely, and secure movement of funds while maintaining strong operational controls and compliance with applicable financial regulations.

This fully remote role requires expertise in domestic and international payments, banking operations, transaction reconciliation, and payment investigations. The ideal candidate will demonstrate strong analytical skills, attention to detail, and the ability to coordinate effectively with banks, payment service providers, finance teams, and compliance departments.

Key Responsibilities

• Oversee daily fund transfer operations, ensuring accurate, timely, and secure processing of domestic and international payments.
• Process and monitor electronic funds transfers, bank-to-bank payments, customer transfers, corporate payments, and other authorized payment transactions.
• Manage payment instructions, transaction verification, beneficiary details, settlement information, and supporting documentation.
• Monitor payment queues and investigate delayed, rejected, returned, duplicated, or incorrectly processed transactions.
• Coordinate with correspondent banks, financial institutions, payment networks, and service providers to resolve transfer-related issues.
• Support transactions processed through SWIFT, SEPA, UAE domestic payment systems, and other applicable payment networks, depending on business requirements.
• Review payment instructions for completeness, accuracy, authorization, and compliance with internal control procedures.
• Conduct daily reconciliations of bank accounts, payment records, settlement reports, and general ledger balances.
• Investigate discrepancies involving transaction amounts, beneficiary information, exchange rates, settlement dates, and bank charges.
• Monitor transaction limits, cut-off times, processing deadlines, and settlement requirements to minimize delays.
• Coordinate with compliance and financial crime teams regarding transactions requiring additional review, verification, or escalation.
• Support the review of payment alerts and ensure that potential sanctions, fraud, money laundering, or suspicious transaction concerns are escalated through established procedures.
• Maintain accurate records of payment instructions, transaction confirmations, investigation findings, and settlement documentation.
• Prepare daily, weekly, and monthly reports covering transfer volumes, processing performance, transaction exceptions, settlement status, and outstanding issues.
• Identify operational risks, recurring processing errors, and control weaknesses, recommending corrective and preventive measures.
• Ensure compliance with applicable UAE banking and financial services regulations, payment processing requirements, data protection standards, and internal policies.
• Support internal and external audits by providing transaction records, reconciliations, supporting documents, and explanations of payment activities.
• Contribute to payment process improvements, system enhancements, automation initiatives, and operational efficiency projects.
• Collaborate remotely with treasury, finance, customer service, operations, IT, risk, and compliance teams to resolve complex payment issues.
• Monitor payment system performance and escalate technical or operational disruptions to the appropriate support teams.
• Provide guidance to junior team members and contribute to payment operations procedures, training, and knowledge-sharing activities.
• Perform all transaction processing, reconciliation, investigation, and reporting activities remotely using approved banking systems and secure digital platforms.

Qualifications and Experience

• Bachelor's degree in Finance, Accounting, Banking, Business Administration, or a related field.
• At least 5–8 years of experience in fund transfers, payment operations, banking transactions, treasury operations, or financial services.
• Previous experience in a senior payment operations or funds transfer role within a bank, financial institution, payment service provider, or corporate treasury environment.
• Strong understanding of domestic and international payment processing, settlement procedures, payment instructions, and transaction reconciliation.
• Familiarity with SWIFT messaging, including relevant MT and ISO 20022 message formats, as applicable to the role.
• Knowledge of UAE domestic payment systems and relevant international payment networks.
• Experience investigating failed, delayed, rejected, returned, or unmatched transactions.
• Understanding of foreign exchange transactions, cross-border payment requirements, bank charges, value dates, and settlement timelines.
• Knowledge of payment controls, transaction authorization, segregation of duties, fraud prevention, and operational risk management.
• Familiarity with anti-money laundering requirements, sanctions screening, and suspicious transaction escalation procedures.
• Proficiency in Microsoft Excel, banking platforms, payment processing systems, reconciliation tools, and financial reporting applications.
• Experience with core banking systems, payment gateways, treasury platforms, or enterprise resource planning systems is an advantage.
• Strong analytical, numerical, problem-solving, and organizational skills.
• Excellent written communication and stakeholder coordination abilities.
• High attention to detail, integrity, and commitment to confidentiality when handling financial information.
• Ability to manage multiple payment deadlines and resolve operational issues independently in a fully remote environment.
• Relevant professional qualifications in banking, treasury, accounting, or financial services are an advantage.
• Reliable internet connectivity and a secure home-working environment suitable for handling confidential financial transactions.

Key Performance Indicators (KPIs)

• Transaction Accuracy: Maintain a high level of accuracy in payment instructions, beneficiary details, transaction amounts, and settlement records.
• Processing Timeliness: Complete authorized fund transfers within agreed service-level targets and payment network cut-off times.
• Settlement Efficiency: Minimize delayed, rejected, returned, and failed transactions.
• Reconciliation Accuracy: Complete payment and bank account reconciliations accurately and within established deadlines.
• Exception Resolution: Resolve payment discrepancies and transaction investigations promptly.
• Compliance and Security: Maintain adherence to payment controls, authorization procedures, and applicable regulatory requirements.
• Operational Risk Reduction: Reduce processing errors, duplicate payments, and recurring operational issues.
• Reporting Quality: Deliver accurate and timely payment performance reports and transaction summaries.
• Stakeholder Satisfaction: Maintain effective communication with banks, payment partners, and internal departments.
• Remote Productivity: Meet operational targets while maintaining accuracy, confidentiality, and accountability in a fully remote environment.

What We Offer

• Competitive compensation based on qualifications and professional experience.
• 100% remote work with no routine office attendance required.
• Opportunities to work with domestic and international payment operations.
• Professional development and access to relevant banking and financial services training.
• A collaborative, technology-enabled, and performance-driven working environment.
• Opportunities to contribute to payment automation, process improvement, and operational risk reduction.
• Career development opportunities within banking operations, treasury, payments, and financial services.

How to Apply

Interested candidates should submit an updated CV and a brief cover letter highlighting their fund transfer experience, international payment processing expertise, reconciliation capabilities, and achievements in payment operations.

Email Subject Line: Application – Senior Fund Transfer Specialist (Fully Remote, UAE)

• We welcome detail-oriented professionals who demonstrate strong banking knowledge, operational discipline, and a commitment to secure, accurate, and efficient fund transfers in a fully remote working environment.