Banking and Payments Coordinator

Position: Banking and Payments Coordinator

Location: Luxembourg

About Us

The Maples Group is a global leader in financial services, trusted by many of the world’s largest hedge fund managers, private equity firms, and international corporations.

Our side-by-side financial and legal teams consistently deliver award-winning services to a global client base, offering unrivalled learning and career opportunities to our 2,500 colleagues worldwide.

What is it like to work here?

We are driven to excel, and collaboration is key to our continued success. We can go further for our clients because we go further for each other too. Our inclusive culture creates an environment where people can be themselves at work while doing their best work. No matter where you work in the Maples Group, you will be part of a global team. 

The Opportunity

We are looking for a Banking and Payments Coordinator to join our Client Accounting Team as part of our financial services business in Luxembourg.

As part of the global expansion of the Maples Group’s financial services offering, our Luxembourg office opened its doors in 2007. Located in Cloche d'Or, a commitment to service excellence and investment in our people quickly established Luxembourg as a regional hub where our 80+ teammates deliver the best-in-class solutions to clients worldwide alongside our Maples and Calder (legal services) colleagues

As part of our Luxembourg team you will be performing below key duties:

Key duties:

The Banking & Payments Coordinator will be in charge of the day-to-day execution of bank transfers and administrative tasks related to client transfers, banking access and client billing. This includes, but is not limited to, the following:

• Processing payments of client invoices and transactions including the preparation of the transfers, ensuring the bank account is sufficiently credited, obtaining the necessary authorized signature(s), submitting the transfer instruction(s) to bank and filing of the executed transfer instruction;
• Requesting any SWIFT confirmation;
• Checking the related transfer has been debited from the bank accounts (swift, multiline, bank statements) and ensuring that all payment instructions have been successfully executed;
• Ensuring that internal systems are updated with all client bank account details, including authorised signatory regimes in force;
• Providing weekly overview of bank accounts in overdraft;
• Providing the clients with the monthly bank statements or any bank statement upon request;
• Close monitoring of aged receivables;
• Management of all Multiline contracts, including the set up and the maintenance of Multiline access for both staff and clients where requested;
• Setting up any new clients in Multiline & assisting them in obtaining online access for Multiline;
• Participation in ad-hoc projects, including reporting, as required.

Requirements:

In addition to indisputably high ethical standards and autonomy, the ideal candidate possesses the following:

• Fluent in English;
• Accounting or any other relevant degree;
• 1-5 years of relevant experience ideally gained in financial services; payments, banking, audit or any other similar business;
• Professional accountancy qualification (i.e. ACA/ACCA/CIMA) would be an asset;
• Have excellent communication skills, both written and oral;
• Team player;
• Excellent interpersonal skills and ability to relate well with other people from diverse background;
• Excellent knowledge of Microsoft applications.

Benefits & Rewards

The most enduring professional relationships are reciprocal relationships.  The Maples Group prioritises employee health and wellbeing. Depending on your location, we offer a range of benefits, including:

• Comprehensive health coverage (medical, dental and optical);
• Competitive vacation packages;
• Educational assistance and professional development programmes;
• Life insurance;
• Travel insurance;
• Global mental wellness programme;
• Sports clubs and social events;
• Hybrid work;
• Lunch vouchers.

You can learn more about the Maples Group on our corporate website.  Experience our culture and our people on our Careers Page or on LinkedIn.

Disclaimer: All personal information collected during the application process will be used for recruitment-related purposes only. Please refer to our Job Applicant Privacy Notice at maples.com/privacy for details on how we handle personal information relating to job applicants.