Settlement Manager at Bluesquad Limited

Bluesquad Limited - Our client is currently recruiting a suitable individual to fill the position below:

Job Title: Settlement Manager

Location: Lekki Phase I, Lagos
Employment Type: Full-time

Job Description

Our client has an opportunity for an individual with a Managerial experience in Payment Settlement Management with direct experience in financial technology, banking or the wider FinTech industry.

Responsibilities

Supervise the accurate processing and settlement of transactions initiated using debit or credit cards and USSD across various platforms
Attending to customer and merchant disputes and ensuring prompt resolution
Carry out daily reconciliation of accounts for exceptions and subsequent escalation of exceptions to the switch and other vendors or third parties for resolution.
Ensures timely reconciliation of all transactions done on the bank’s terminals
Performs settlement of interbank card transactions
Executes chargebacks and dispute resolutions of local and international cards transactions
Performs electronic transaction analytics and reporting using SQL and Excel.
Formulate Standard Operating Procedure for the automation of settlement processes
Liaising with switching companies and card schemes on Settlement issues
Keep abreast daily CBN regulatory requirement report
Ensure prompt settlement of transactions routed through various payments platforms
Development, supervision and implementation of strategies to reduce operational risk and ensure safe and reliable settlement processing.

Requirements

A Bachelor's Degree in Accounting or any related courses
7-10 years working experience in the same capacity
Leadership and team work skills
Excellent communication skills and interpersonal skills.
Attention to details and accuracy
Basic financial modelling and financial statement analysis skill.
Membership of the ACCA, ICAN, CIS or any other related professional qualification is required.
Digital Financial Services or banking industry experience
Experience with electronic payment systems
Excellent knowledge of payment processing- gateways