Lead Settlement at CapitalSage Technology Limited

Job Description

Team Leadership and Management: 

• Lead, mentor, and manage a team of settlement professionals, providing guidance, training, and support to ensure a high level of performance and productivity. 
• Foster a collaborative and inclusive team culture that promotes effective communication and teamwork. 

Settlement Operations: 

• Oversee the review of settlement reports, upload of settlement reports, generation of settlement entries associated with our payment gateway and platforms. 
• Ensure the accurate and timely processing of settlements 
• Monitor and manage failed settlements, taking appropriate action to resolve discrepancies 

Regulatory Compliance: 

• Stay up-to-date with regulatory requirements and industry best practices related to settlement operations. 
• Ensure the organization's settlement processes comply with all relevant regulations and requirements. 

Process Improvement: 

• Continuously review and enhance settlement processes to optimize efficiency and minimize operational risks. 
• Implement robust controls and checks to reduce settlement errors and mitigate settlement-related risks. 

Vendor and Counterparty Relationship Management: 

• Collaborate with external vendors, depositories, and counterparty institutions to ensure smooth and efficient settlement processes. 
• Develop and maintain strong relationships with key stakeholders in the settlement ecosystem. 

Risk Management: 

• Identify and assess settlement-related risks and implement strategies to mitigate them. 
• Develop and maintain a robust disaster recovery and business continuity plan for settlement operations. 

Requirements

• A minimum of a Bachelor's Degree from a reputable institution.
• 4-5 years experience in a settlement and reconciliation role, showcasing a deep understanding of financial operations in the fintech industry.
• Proficiency in Microsoft Excel and other relevant software tools.
• Comprehensive knowledge of payment industry transaction dynamics.
• Proficiency in handling extensive datasets with a keen eye for accuracy.
• Exceptional attention to detail.
• A thorough understanding of reconciliation processes and best practices.