At Renmoney, we believe finance should be simple, useful and accessible to everyone. That’s what makes us really passionate about leveraging data driven insights to help us understand you better and build useful financial products for your personal and business needs – like convenient loans to help you do more today, savings to keep you on track for your goals and investments that’ll generate more money for you.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
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