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02/07 Akshay Datt
Founder at Unnati

Views:419 Applications:131 Rec. Actions:Recruiter Actions:3

Operations Manager - Prepaid Cards - Corporate Employee Benefits Platform (3-7 yrs)

Delhi NCR/Gurgaon/Gurugram Job Code: 831424

Do you want to help drive the growth and shape the future of an emerging HR- Fintech platform?

Our client is India's first one-stop-shop for corporate benefits. They create mutually rewarding relationships between employers and businesses by managing corporate discounts. They enable organizations to incentivize their employees beyond just salary by providing benefits related to Travel, Entertainment, Dining, Education, Shopping and many more spheres of life.

Founded in 2014, this Gurugram based employee rewards platform is led by young founders who are UCLA alumni with experience in companies like Microsoft US, Oracle, Symantec, Amazon, and Reliance. They've partnered with over 10000+ brands across dining, shopping, entertainment, wellness and many more providing exclusive employee discounts, brands like CCD, Samsung, Lifestyle, Flipkart, PVR Cinemas, Zoomcar, OYO, Lifestyle, Mother's Pride, Max Healthcare and more. Our client is leading the $2 billion rewards market in India with 250+ corporate clients including giants like Concentrix, EY, DXC and Mphasis, and they've raised $2 million to date from prominent VCs like GrowX Ventures, Sprout Ventures, and Axilor Ventures.

As a Prepaid Card Operations Manager, you will work with the founder & CEO for the Prepaid Vertical and manage functions like Operations, account administration, fund management etc.

You will also manage the Digital/ Virtual Prepaid cards product line issued by company to allow the corporate employees to access their multi wallet account for tax saving benefits and reimbursements, pay for goods and services at merchant outlets/ websites, manage health and wellness expenses, Flexible Benefits, avail credit, etc.

What you will do:

- Handling accounts, distribution and usage of cards

- Reconciling daily Prepaid Card activity inside the application across use- cases

- Preparing daily journal entries for Interchange fees

- Structuring and managing the billing, card payment collection, reconciliation of the card products.

- Preparing month end reconciliation

- Identifying and resolving issues with internal and external customers in a timely manner

- Participating in testing for upgrades and new products

- Supporting and backing up other team members as needed

- Closely reviewing P&L and driving key revenue & cost items to optimize the same.

- Regulatory compliance and assessment : Ensuring adherence to regulatory guidelines for all card-related parameters. ; Ensuring compliance with the card network.

- Analyzing the trends on prepaid cards spends, category, segment, type of transactions, etc. to increase PoS spends on the prepaid card base and also increasing the no. of transacting customer

- Tracking the various income channels and commence drive to achieve business targets.

- Ensuring day to day operations management, account management, payment reconciliation, MIS, dispute handling, closely review P&L and drive key revenue & cost items to optimize the same, Well versed with card product and Process.

What you need to have:

- Have worked in the Card Operations for at least 3 years.

- Well versed with card product and Process.

- Have managed the reconciliation and settlement of the daily card transactions

- Knowledge of VISA/ MasterCard/ RuPay/ AMEX/ Closed Loop products/ open loop.

- Experience in payments and reconciliation

- Minimum of 3 years of experience of working in the operations lifecycle of the Card product.

- Knowledge of industry, technology, marketing, and product trends, Acquiring Industry and latest technologies

- Knowledge of regulatory guidelines and norms

- Excellent written & oral communication skills

- Detailed knowledge of MS Excel, word, PowerPoint, Access, etc.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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