• Application Deadline: Thu, 31 Jul 2025 00:00:00 GMT
• Position: Settlement Specialist



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 0 - 3 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Description

• To settle all received dispute and ATM transactions within alloted timing.


• To produce such reports as may be requested by management for the purpose of decision making

Responsibilities

• Processing of VISA ATM NNS Code 33/and TLA ATM Files


• Processing of Domestic ATM settlement


• ATM Settlement Automation Process/ ATM CPD reconciliation


• Processing of Retrieval Request/dispute


• Processing fee collect


• Processing funds disbursement


• To ensure that all disputed transactions are supported with valid information and documents.


• Initiating Arbitration/Compliance


• Ensuring of daily balancing and reconciliation of rol500 financial report with VSS-120 report for chargeback credit, dispute response debit and chargeback reversal debit to issuers' account.


• Dispute stages are well monitored to ensure that banks are not exposed to financial loss as a result of negligent.


• Reconciliation of debit into Issuer banks' position for disputed transactions.


• Processing good faith dispute resolution.


• To ensure that fee collect is initiated to collect funds from the acquirer whenever acquirer accepts transaction or card scheme rule arbitration case in favour of the issuer.


• To ensure funds disbursement is processed on behalf of the issuer bank when arbitration cases is ruled against the issuer bank.


• Reconciliation and interpretation of the banks VSS file report.


• Assist issuer banks to determine the best dispute reason codes to apply.

Key Performance Indicator

• 99% accuracy in settlement


• Timeliness of Reports


• 100% documentation

Requirements 

• First Degree (2:2 or Lower credit) in Accounting, Statistics and Economics and Mathematics.


• Experience: 0 - 3 years and above post NYSC.

Skill:

• Computer skills (Microsoft package)


• Good interpersonal skills.


• Attention to details


• Critical reasoning and analytical abilities


• Good writing and oral communication & presentation skills.

Knowledge:

• E-payment industry knowledge.