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  • Posted: Aug 8, 2023
    Deadline: Not specified
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  • UP® otherwise known as Unified Payment Services Limited is Nigeria’s premier Payments & Financial Technology company founded in 1997 by a consortium of leading Nigerian banks. UP® operates as a shared infrastructure for the banking community in Nigeria and Payments Service Provider within and outside Nigeria, with a vision to be the most preferred e-payment service provider in Africa.
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    Head of Department, Clearing and Settlement Operations

    Duties & Responsibilities 

    • 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 scheme 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 the defined time window for each scheme.
    • Daily download of scheme incoming files (VISA, Mastercard, UnionPay, AMEX).
    • Daily processing of downloaded scheme chargeback for secondary settlement within the defined chargeback window.
    • Daily reconciliation of chargeback 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.
    • 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.

    Requirements

    • Interested candidates should possess a Bachelor's Degree in relevant fields with 10 - 12 years work experience.

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    Method of Application

    Interested and qualified? Go to Unified Payment Services Limited on docs.google.com to apply

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