Debit Mandate Officer at Ascentech Services Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
9 months ago

Additional Details

Job ID
130118
Job Views
72

Job Description






Job Summary




  • We are looking for a proactive Debit Mandate Officer to manage the enrollment and monitoring of customers on direct debit systems.

  • This role is key to ensuring smooth and efficient collection of payments via debit mandates by tracking mandate success, addressing failures, and coordinating with banks and payment processors.



Key Responsibilities




  • Ensure all eligible customers are enrolled in the direct debit payment system accurately and promptly.

  • Monitor and track the success or failure rates of debit mandate transactions on a regular basis.

  • Proactively follow up on failed debit transactions, identify issues, and update mandate instructions as required to resolve failures.

  • Liaise and coordinate with banks, payment processors, and other stakeholders to resolve mandate-related issues effectively.

  • Maintain detailed and accurate records of mandate enrollments, failures, resolutions, and correspondence.

  • Provide regular reports on mandate performance and recommend process improvements to enhance collection efficiency.

  • Assist in educating customers and internal teams on direct debit procedures and best practices.



Qualifications & Experience




  • Bachelor’s degree in Finance, Business Administration, or a related field preferred.

  • 1–3 years of experience in payment processing, collections, or operations within financial services.

  • Familiarity with direct debit systems and banking/payment processing operations is highly desirable.

  • Strong attention to detail and organizational skills.

  • Excellent communication and problem-solving abilities.

  • Ability to coordinate effectively with external partners such as banks and payment processors.



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