Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Payments, Financial Services, BankingIndustries
Requirements
Bachelor's Degree in Business Administration, Accounting, Finance or related field or equivalent experience
Knowledge of settlement concepts, terminology, standards and practices, experience in the banking, or card payment processing industry highly desired
Proficiency in performing financial reconciliations and possess knowledge of common resolution techniques
Comfortable working in a fast-paced environment with frequent interruptions and adhering to strict deadlines
Intermediate/Advanced level Excel and Google Workspace
Excellent written and verbal communication skills and possess the ability to draft technical procedures and process documentation
Ability to speak/present comfortably to small groups, provide training to business partners both in live and virtual settings
Ability to communicate effectively with individuals of varying technical understanding and all levels of leadership
Reliability and punctuality are required since most of the daily work is confined to strict deadlines
Responsibilities
Independently perform a set of daily settlement, and reconciliation tasks within established guidelines and timeframes
Provide support and back-up coverage for other associates as necessary
Create and maintain documentation for daily procedures
Facilitate continuous improvement of daily processes by collaborating with pertinent functional business units and driving change
Participate in SOX and SOC1 audits by preparing documentation or producing sample data within established due dates
Monitor and resolve settlement failures according to policy guidelines
Execute complex reconciliations using Oracle query tools and provide thoughtful, analytical input in order to not only resolve discrepancies, but to work toward eliminating the root cause of the variances
Work directly with external business partners such as banks and financial auditors