Analyst/Sr Analyst-Payment Operations at Nium

Mumbai, Maharashtra, India

Nium Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, PaymentsIndustries

Requirements

  • Bachelor's degree with 2-6 years of experience working in Payment Processing, preferred knowledge of Cross border remittances
  • Can prioritize, organize, and execute tasks with minimal supervision
  • Demonstrates strong interpersonal and communication skills
  • Demonstrates ability to work with a high degree of quality
  • Demonstrates strong problem-solving/Issue Resolution skills
  • Hands-on experience in MS Office and tools within it
  • Possesses Behavioral competencies such as Customer-centricity, confidence, go-getter mindset, curiosity, comfortable to multitask on systems, can relate to Tech as an end-user, team player, flexible, looks for improvements

Responsibilities

  • Liaise with internal stakeholders (Compliance, Customer Service, Product, and Technology) for processing of transactions for both our Retail & Institutional businesses
  • Reconcile incoming customers' money with their transactions and making sure their wallets have sufficient balance for the execution of their transactions
  • Onboard new Institutional, SME, and enterprise clients on Nium's platform
  • Monitor, investigate, and resolve payment processing issues
  • Verify statements for various banks and currencies before reprocessing or refunding transactions
  • Create monthly Invoices for clients and track their settlement
  • Coordinate with the Reconciliation and Finance teams for accounting queries, provide relevant information to ensure proper accounting is carried out
  • Work with Account Managers and Customer Service teams to resolve customer complaints
  • Publish MIS reports to the management and internal stakeholders
  • Organize workflow to meet department objectives
  • Work with Product and Technology teams to improve process efficiency and automation
  • Work in a rotational shift environment (given Nium operates across multiple geographies, no fixed holidays, flexible holiday schedule)

Skills

Transaction Processing
Reconciliation
Payments Operations
SLA Management
Cross-Border Payments

Nium

Global platform for real-time payments

About Nium

Nium provides real-time payment solutions that enable businesses to send and receive funds instantly, manage foreign exchange transactions, and prevent fraud. Its platform, powered by a proprietary API, allows banks, fintech companies, and money service businesses to integrate services for efficient cross-border money movement. Nium stands out by offering competitive foreign exchange rates and solutions for corporate purchasing and travel payments. The company's goal is to streamline financial transactions for businesses globally while charging fees for its services.

San Francisco, CaliforniaHeadquarters
2016Year Founded
$305.4MTotal Funding
SERIES_ECompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Hybrid Work Options
Paid Vacation
Performance Bonus
Stock Options
Professional Development Budget
Mental Health Support

Risks

Increased competition from Loop and EQ Bank's multi-currency Global Visa Card.
Regulatory challenges in diverse African markets could impact partnership with Ecobank.
Technological integration issues may arise with Partior's blockchain-based payment system.

Differentiation

Nium offers real-time cross-border payments, enhancing speed and efficiency for businesses.
The company provides a proprietary API for seamless integration into existing business systems.
Nium's platform supports multiple payment schemes, including Visa, Mastercard, and Diners Club.

Upsides

Partnership with Ecobank expands Nium's reach to 35 African markets, boosting market presence.
Collaboration with Partior enhances transaction transparency and speed via blockchain technology.
Launch of Diners Club International Card increases flexibility for travel industry customers.

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