Service Reconciliations Executive at InterSwitch

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
46966
Job Views
86

Job Description



JOB PURPOSE


To deliver standard business operations/monitoring services to retain existing customers in relation to reconciliation of internal systems and external systems.


KEY RESPONSIBILITIES


Deliver standard business operations services to retain existing customers in relation to reconciliation of internal systems and external partner value delivery information.


Transaction Reconciliation



  • Reconcile the amounts credited to Interswitch by settlement bank against what Interswitch debited itself to remit to card acceptors for the Co-acquiring services (VISA, Verve cross border, UPI, Discover, Amex, JCB etc)

  •  Reconcile transaction details from Card scheme against transaction details from Interswitch settlement reports for the Third-party processing services (GTB, ABP, EBN etc)

  •  Reconcile Independent Network Member transactions against details hosted within Interswitch (i.e. PTSPs, Terminal Owners) for resettlement where applicable.

  •  Reconcile transaction details from connected systems within a chain which come together to provide a service to ensure that processed transactions on all systems maintain the same information hence guarantying transaction integrity. i.e. Postilion switches, Product Platforms, 3rd Party Apps deployed at ISW (e.g. GMPP)

  • Reconcile transaction details between internal Interswitch systems and external value delivery systems for all transactions to allow for settlement adjustment where value has not been delivered as expected (Telcos, Billers, Financial institutions etc)


 Business Account reconciliation reporting



  •  Generate Account entries reports for the Finance Mgt team with respect to entries to be found in the suspense/operating accounts used for transaction processing (POS Settlement account, Co-acquiring settlement account, UPI settlement account, Verve global settlement account etc)


 Value Monitoring



  • Pending transactions Monitoring & resolution

  • Service Notification monitoring & resolution


Data Collection & Analysis



  •  Collate and analyse data using pre-set tools, methods and formats.


EDUCATION AND EXPERIENCE


 Academic Qualification(s):



  • BEng. / BSc. in a relevant field


Professional Qualification(s):



  •  N/A however relevant experience in EFT systems is an advantage


Experience (Number of relevant years):



  • 0 - 2 years


Deadlines: June 8, 2023


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