Analyst - Credit Card Reconciliations - Bank

Analyst - credit card - MNC Bank

- The candidate would be responsible to set up the framework for the Payments & Settlement reconciliation for the Credit Card business, and to ensure a robust control environment is set up around the same.

- Needs to identify the risk & control issues through continuous monitoring & reconciliation.

- The said candidate needs to collaborate with various stake holders on matter of reconciliation methodology and control aspects for seamless functioning of the unit.

- Excellent communication & analytical skills with strong data analytic capabilities.

Key Responsibilities & Accountabilities:

- Responsible for setting up the framework for the Payments & Settlement reconciliation for the Credit Card business.

- Thorough understanding of each Business Events and the related Financial Transactions and their accounting entries.

- Thorough understanding of the settlement flows.

- Understanding of the dispute resolution mechanism for a credit card including chargebacks and dispute handling.

- Understanding of creation of Workflows to ensure quick investigation of identified discrepancies.

- Understanding and ability to configure match rules to handle matching scenarios.

- Expertise in Chargeback and Reconciliation Management with knowledge of associations including Visa, Master Card and AMEX.

- Responsible for setting up the Governance framework with regards to Credit Cards.

Experience:

Essential - Prior experience in in handling Credit Card Reconciliations.

Desirable:

- Experience of min 7-12 years in any various Credit Card Operations processing roles.

- Experience in conduction UAT's and having experience of leading projects on automation.

Core Competencies:

- Strong planning, organizational and analytical skills

- Attention to detail and accuracy

- Effective problem-solving skills

- Computer literate, with a good understanding of Microsoft Excel & Power point.

- Able to work independently with strong teamwork values

- Good inter-personal and communication skills

Work Relationship : 

- Collaboration with all units of the bank and working in a cohesive manner.

Subject Matter Knowledge - In depth knowledge of guidelines around Visa & Master Card Settlement for the Credit Card Business.