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