Settlement Manager at Bluesquad Limited

Location: Lekki Phase I, Lagos
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
• 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.
• 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

Requirements

• A Bachelor's Degree in Accounting or any related courses
• 7-10 years working experience in the same capacity
• 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
• Leadership and team work skills
• Excellent communication skills and interpersonal skills.
• Attention to details and accuracy
• Basic financial modelling and financial statement analysis skill.