Settlement and Reconciliation Officer

Responsibilities

• Review of account statements and settlement reports
• Upload of settlement reports
• Generation of settlement entries
• Review of expectations when not available and appropriate escalation
• Review of exceptions (items outstanding post reconciliation; that is a comparison of internal expectations with statements/settlement entries)
• Escalation of exceptions to the Product teams/Banks
• Ensure no loss of funds
• Detect and escalate any loss of funds to all stakeholders promptly

Requirements

• Minimum of a degree from a reputable institution
• At least 2 to 4 years experience in a settlement and reconciliation role
• Microsoft Excel skills
• Understanding of payment industry transaction dynamics
• Ability to work with massive data set
• Attention to details
• Understanding of reconciliation

Benefits

• Culture that puts people first and prioritizes the well-being of every team member
• Company where all opinions carry weight and where all voices are heard
• Learning and development-focused environment with an emphasis on knowledge sharing, training, and regular internal technical talks
• Attractive salary
• Pension
• Health insurance
• Annual bonus
• Other benefits