Card Settlement & Reconciliation Specialist at Renmoney

The position

• Renmoney seeks an exceptional reconciliation officer who will be responsible for timely and accurate reconciliation and settlement of all card transactions.
• The staff will identify & resolve all card discrepancies while maintaining high- quality records.
• The ideal candidate must have experience in card reconciliation and settlement across different platforms. Must have excellent analytical skills when it comes to card settlement

Responsibilities

• Reconcile card transactions, refunds and chargebacks
• Confirm card transactions settlement with banks, schemes, and other stakeholders
• identify and investigate discrepancies, resolving issues promptly
• Maintain accurate records of reconciliation and settlement results
• Collaborate with internal teams (e.g., Finance, Operations) to resolve reconciliation and settlement issues
• Develop and implement process improvements to enhance reconciliation and settlement efficiency
• Meet daily/weekly/monthly reconciliation and settlement deadlines
• Ensure compliance with regulatory requirements and company policies
• Ensure all card Gls are reconciled on monthly basis
• Ensure Buffer Gls is reconciled monthly to Nil off transactions already settled

Requirements

• 6years + of experience in card reconciliation and settlement.  (Bank, & fintech)
• Strong understanding of card payment processing, reconciliation, and settlement principles
• Proficiency in MS Excel, with advanced skills in data analysis and reporting
• Excellent analytical, problem-solving, and communication skills
• Relationship management with internal & external stakeholders
• Ability to work under pressure, meeting deadlines