Interswitch Settlement Officer (Scholar Mordi) at First Bank

Job Description

• Daily download of all settlement reports from the Settlement portals for the following products and archive them on Rubik DB.
• Extraction of transactions from the reports, analyzing downloaded reports and preparation
  of excel worksheet template to reconcile with the settled NIBSS amounts.
• Analyzing daily automated Settlement reports with individual downloaded reports to ensure accurate settlements.
• Ensure discrepancies observed in Settlement are escalated to Interswitch on Interswitch portal for prompt resolutions. Proactively follow up until fully resolved and also to relevant parties involved which is peculiar to each settlement.
• Ensuring that VAT is taken from income values as expected using 7.5/107.5% vat inclusive formula.
• Review of entries before posting ensuring that the right accounts are being debited/ credited.
• Liaising with relevant parties, Interswitch, Reconciliation team on issues that may arise from wrong settlement from the switch or unfunded accounts for prompt resolution
• As part of the Bank’s Information Security requirements, maintain the security of all
• Information entrusted to the staff and complied with the principles and policies in the Information Security Handbook

Job Requirements:

• Minimum Education: B.Sc/Hnd In Any Discipline, Preferably A Numerate Discipline.  
• Minimum of 4 years experience in a similar role.