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Reconciliation & Settlement Officer / Reconciliation And Settlement Officer (support) / Nigeria Inter-bank Settlement System (NIBSS) Recruitment 2018 (2) (3) (4)
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Reconciliation & Settlement Officer by Yoyobravo: 3:17pm On Nov 24, 2023 |
Job Title: Reconciliation & Settlement Officer Location: Lagos DESCRIPTION Ensure daily settlement and reconciliation of all transactions for all products carried across all channels offered by PSB in line with agreed on commercials • Ensure settlements are done in strict adherence to regulatory-defined timelines or as may be agreed with each client or partner. • Ensure regular (up-to-speed) understanding of regulatory policies as it applies to Settlement operations and ensures compliance. • Monitor the balance on the settlement banks’ accounts • Ensure daily reconciliation and balancing of all accounts in use for the smooth running of the settlement operations. • Ensure effective participation in all industry-related settlement activities. • Respond to daily reconciliation requests to banks and clients • Liaise with banks’ settlement & reconciliation teams to ensure Reconciled funds/incomes/fees are transferred to relevant accounts promptly • Ensure the development of SLA or insertion of SLA clauses in business agreements with 3rd party service providers that will protect the interest of PSB at all times • Ensure zero losses that may be due to penalties or wrong settlement. • Ensure all internal systems and work processes operate efficiently. • Prevent workload backlogs ensure and maximum permitted transaction processing timelines are not breached. REQUIREMENTS • Over 3 years of working experience in the Fintech or banking industry, fully integrated in all aspects of the settlement and daily reconciliation process. Bachelor’s degree or HND in Banking & Finance, Accounting or Finance. • Professional qualifications in ICAN/ACCA or Master’s degree is an added advantage • Advanced skills and working knowledge of MS Office suite including Word, Excel, and PowerPoint. • Excellent communication and organizational skills • Excellent logical and analytical skills • Astuteness with figures • Ability to pay attention to details • A general knowledge of accounting principles. How to Apply: Send your CV to recruitment@fortknoxoutsourcing.com with the job role as the subject of the mail. |
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