• Application Deadline:
• Position: Head of Department, Clearing and Settlement Operations


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 10 - 12 years


• Location Lagos


• Job Field Procurement / Store-keeping / Supply Chain 
  

Duties & Responsibilities 

• Daily processing of approved transactions for local settlement and secondary settlement file generation.


• Daily processing of approved ATM for domestic settlement (Settlement file generation).


• Ensuring that settled ATM/POS transactions are fully updated into Dispute Management System (DMS) and Inquiry portal.


• Support to banks and non-banks (acquirers and merchants) on Dispute Management System.


• Monitoring of transaction data sources (PayAttitude, PayArena, Hope PSB back office, CBE, TCM, etc.) for daily extractions of approved financial transactions that qualify for settlement.


• Daily processing of approved transactions (clearing) for international scheme settlement.


• Daily processing of downloaded MPGS files (Clearing of MPGS) for different clients.


• Daily quality checks to forestall duplicate or incomplete submission of clearing files to the different schemes in specified formats and within defined time windows for each scheme.


• Reprocessing of rejected files or transactions where applicable and submission within the defined time window for each scheme.


• Daily download of scheme incoming files (VISA, Mastercard, UnionPay, AMEX).


• Daily processing of downloaded scheme chargeback for secondary settlement within the defined chargeback window.


• Daily reconciliation of chargeback to avoid exposure due to late presentment.


• Daily processing and hosting Base11 files for all clients.


• Daily processing and hosting of VSS files for all clients.


• Daily processing and hosting of T464 files for all clients.


• Delegated tasks: Performing any other tasks as may be assigned from time to time.


• Daily reconciliation and support to clients.

Requirements

• Interested candidates should possess a Bachelor's Degree in relevant fields with 10 - 12 years work experience.