Payment Operations Working Student, Raisin
Part-time
Office located in Kreuzberg, Berlin
Open banking for deposits and savings
Open for applications
Open banking for deposits and savings
501-1000 employees
Open for applications
Office located in Kreuzberg, Berlin
501-1000 employees
Company mission
To break down barriers and facilitate a transparent single market for savings and investment products.
Role
Who you are
- Currently studying a Bachelor's or Master's in Germany
- Interested in payments and able to work under pressure
- Passionate about fintech and interested in using technology and data analytics
- Strong analytical skills with a desire to apply theoretical knowledge in a practical environment
- A desire to develop in a collaborative and dynamic environment
- Strong communication skills, both written and verbal (German language skills a plus but not essential)
What the job involves
- The Payment Operations team is dedicated to ensuring efficient and smooth payment operations. WeltSparen/Raisin is the most important Payment Operations cooperation for Raisin Bank
- The Payment Operations team's activities span the entire product value chain, ensuring regulatory compliance and operational excellence in the execution, monitoring and control of payments. The team also supports the resolution of payment incidents and the execution of non-automated payments
- Our vision and goal is to achieve operational excellence and support our product and engineering teams in further automating payment processes
- Support the team in initiating, approving and investigating payments
- Third level payment support; find out what caused the payment related problem (together with the team or other departments, e.g. Product or Engineering) and how Raisin Bank can resolve the problem
- Assist with day-to-day operational payments tasks, such as reviewing error messages and deciding whether to escalate them to our Product or Engineering department
- Contribute to various data analysis projects, helping to transform data into actionable recommendations for continuous improvement or to reduce daily tasks
- Support continuous operational excellence, e.g. tracking and improving existing KPIs to measure operational performance and success
- Participate in bank-wide and enterprise-wide projects, leading technology-led optimisation initiatives
- Preparation, execution and documentation of test cases
- Participate in team meetings, contributing ideas and providing status updates on assigned tasks
Our take
Raisin is transforming open banking in the deposits and investments sector, leveraging its infrastructure to benefit bankers and savers in the global $50+ trillion deposit market. The company operates several B2C platforms, including Raisin, WeltSparen, Savedo, and ZINSPILOT in Europe and the UK, and SaveBetter in the US.
Raisin collaborates with around 400 banks globally, serving over 550,000 direct consumers. Backed by PayPal, Deutsche Bank, and Goldman Sachs, Raisin plans to expand further. Recently, Raisin launched its deposits platform in Poland, connecting Polish savers with European banks via its cross-border savings technology. This platform simplifies access to diverse deposit products across Europe, enhancing safety and convenience.
In late 2023, Raisin announced it had reached €50 billion in assets under administration, with significant growth in markets like Germany, the UK, the Netherlands, and the USA, and over €1 billion in net inflows each quarter in 2023.
Freddie
Company Specialist at Welcome to the Jungle
Insights
12% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
Mar 2023
$70.2m
LATE VC
Jan 2022
$35.1m
CONVERTIBLE
Total funding: $321.8m
Company benefits
- Visa & Relocation Support
- 1,700 EUR Training Budget
- Free Choice of Hardware
- Beginner German Classes
- Food & Drinks
- Flexible working hours, home office and 28 vacation days
- Subsidised Urban Sports Club Membership
- Company Pension Scheme
- Team Events
Company HQ
Wrangelkiez, Berlin, BE
Leadership
Tamas Giorgadse
(CEO)Previously served as a Partner at McKinsey, and is a Non-Executive Board Member of the Bank of Georgia.
Dr Frank Freund
(CFO)Previously worked as a Senior Consultant at McKinsey.
Michael Stephan
(COO)Previously worked as a Consultant at McKinsey.
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