Job Title: Head of Department, Clearing and Settlement Operations
Location: Victoria Island, Lagos
Employment Type: Full-time
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.
