Head, Clearing and Settlement Operations at Unified Payment Services Limited

Job Objective (s)

• To ensure seamless file generation for UP Settlement (ATM/POS), Dispute Management, Scheme Settlement, MPGS Service, and Scheme Dispute Management (Chargeback).
• To supervise designated staff.

Duties & Responsibilities

• Daily processing and hosting of T464 files for all clients.
• Delegated tasks: Performing any other tasks as may be assigned from time to time.
• Daily reconciliation and support to clients.
• Daily processing of approved transactions for local settlement and secondary
• settlement file generation.
• Daily processing of approved ATM for domestic settlement (Settlement file
• generation).
• Ensuring that settled ATM/POS transactions are fully updated into Dispute
• Management System (DMS) and Inquiry Portal.
• Support to banks and non-banks (acquirers and merchants) on Dispute
• Management System.
• Monitoring of transaction data sources (PayAttitude, PayArena, Hope PSB back
• office, CBE, TCM, etc.) for daily extractions of approved financial transactions that
• qualify for settlement.
• Daily processing of approved transactions (clearing) for international schemes
• settlement.
• Daily processing of downloaded MPGS files (clearing of MPGS) for different clients.
• Daily quality checks to forestall duplicate or incomplete submission of clearing files
• to the different schemes in specified formats and within defined time windows for
• each scheme.
• Reprocessing of rejected files or transactions where applicable and submission
• within a defined time window for each scheme.
• Daily download of scheme incoming files (VISA, Mastercard, UnionPay, AMEX).
• Daily processing of downloaded scheme chargebacks for secondary settlement
• within the defined chargeback window.
• Daily reconciliation of chargebacks to avoid exposure due to late presentment.
• Daily processing and hosting Base11 files for all clients.
• Daily processing and hosting of VSS files for all clients.

Requirements
Education:

• First Degree in Accounting or any numerate subject.
• Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies.

Experience:

• Experience: 10 years and above post NYSC.

Skill / Competencies:

• High degree of accuracy.
• Deductive reasoning abilities and an eye for detail.
• Strong interpersonal and communication skills.
• A good influencer and astute leader.
• Advanced Excel user.

Knowledge:

• Excellent knowledge of cost and financial accounting principles, practices, and procedures.
• Knowledge of the card payment industry.

Reporting Relationships: 

• Functionally reports to: Group Head, Settlement & Dispute Management.