Position Summary

We are seeking a detail-oriented FX Payments Specialist to support international payment processing, foreign exchange conversions, and settlement operations within a financial services environment in Estonia. The successful candidate will help ensure that cross-border transactions are processed accurately, payment instructions are validated, currency conversions are correctly applied, and settlement obligations are completed within established timelines.

Working closely with treasury, payment operations, banking partners, compliance, and customer support teams, the specialist will contribute to efficient payment execution and the resolution of transaction discrepancies. This role requires a sound understanding of international payment workflows, foreign exchange transactions, and operational risk controls.

Key Responsibilities

• Process and monitor international payments involving multiple currencies, ensuring transactions are executed accurately and within applicable cut-off times.

• Review payment instructions, beneficiary details, currency information, transaction references, and supporting documentation before processing.

• Coordinate FX conversions for eligible payment transactions, ensuring applicable exchange rates, fees, and settlement details are accurately recorded.

• Monitor payment statuses and investigate delayed, rejected, returned, or unsuccessful transfers.

• Reconcile payment records against bank statements, internal ledgers, settlement reports, and payment service provider records.

• Coordinate with banking partners, correspondent banks, payment processors, and internal operations teams to resolve transaction issues.

• Support the processing of SEPA transfers and international payments through SWIFT or other supported payment networks, where applicable.

• Maintain accurate records of payment instructions, FX conversion details, transaction confirmations, and operational exceptions.

• Apply established controls for sanctions screening, transaction verification, fraud prevention, and escalation of suspicious payment activity.

• Investigate discrepancies involving exchange rates, transfer amounts, settlement fees, and beneficiary account information.

• Prepare daily payment activity reports and support reconciliation, audit, and operational control reviews.

• Identify opportunities to improve payment processing efficiency, reduce manual errors, and strengthen service reliability.

Qualifications and Experience

• Bachelor’s degree in Finance, Accounting, Economics, Banking, Business Administration, or a related field.

• Experience in payment operations, FX payments, international transfers, banking operations, or fintech transaction processing.

• Understanding of foreign exchange conversion, payment settlement, reconciliation, and cross-border transaction workflows.

• Familiarity with SEPA, SWIFT, payment service providers, and multi-currency accounts is advantageous.

• Experience using payment platforms, banking portals, reconciliation tools, and financial reporting systems.

• Strong numerical accuracy and the ability to investigate transaction discrepancies systematically.

• Good knowledge of payment controls, customer verification, sanctions screening, and operational risk procedures.

• Ability to manage multiple transactions and deadlines while maintaining accurate records.

• Strong written and verbal communication skills, with professional English proficiency.

• Familiarity with EU payment services requirements and Estonia’s financial services environment is beneficial.

Ideal Candidate

The ideal candidate is methodical, dependable, and comfortable working with high volumes of financial transactions. They can identify discrepancies quickly, communicate effectively with banking partners, and maintain consistent processing standards in a deadline-driven environment.

They should also understand the importance of transaction confidentiality, accurate reconciliation, and appropriate escalation when payment instructions or transaction patterns raise concerns.

Why Join This Opportunity?

This position offers practical exposure to international payments, foreign exchange operations, and multi-currency settlement processes. The successful candidate will contribute to reliable cross-border financial services while developing specialist expertise in payment infrastructure and financial operations within Estonia’s fintech sector.