3 Trade Settlements jobs in Nigeria

Company Description

globalpay is a global payment company that values financial and social inclusion. The company provides innovative payment solutions that break down physical borders, boundaries, and social status to enable everyone to enjoy financial and social inclusion.

Responsibilities:

Settlement Processing:

- Oversee the timely and accurate processing of settlements, ensuring compliance with established procedures.

- Reconcile settlement transactions and resolve discrepancies promptly.

Chargeback Management:

- Handle chargeback disputes by investigating, gathering necessary documentation, and preparing responses.

- Collaborate with internal teams to prevent chargebacks and implement measures to reduce their occurrence.

Vendor and Partner Communication:

- Communicate with vendors, financial institutions, and payment processors to resolve settlement issues and discrepancies.

- Establish and maintain positive relationships with external partners related to settlements.

Documentation and Reporting:

- Maintain comprehensive records of settlement transactions, chargebacks, and related documentation.

- Generate regular reports on settlement activities, chargeback trends, and resolutions.

Compliance and Risk Management:

- Stay updated on industry regulations and compliance requirements related to settlements.

- Implement measures to mitigate risks associated with chargebacks and fraudulent activities.

Process Improvement:

- Identify opportunities for process improvement and automation to enhance efficiency in settlement and chargeback procedures.

- Collaborate with cross-functional teams to implement improvements and best practices.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business, or a related field.

• Proven experience in settlement processing and chargeback management.

• Familiarity with payment processing systems and industry standards.

• Strong analytical and problem-solving skills.

• Excellent attention to detail and accuracy.

• Effective communication and interpersonal skills.

• Ability to work independently and collaboratively in a fast-paced environment.

Benefits:

• NGN 150,000 – NGN 300,000 Salary Range

• Comprehensive health and wellness benefits.

• Professional development opportunities.

• Positive and inclusive work culture.

If you are a dedicated finance professional with a passion for accuracy and a keen understanding of settlement processes and chargeback management, we invite you to apply. Join globalpay and contribute to the success of our finance team. Apply now

Flutterwave is a leading payment technology company that provides innovative solutions for businesses and individuals. It was founded on the principle that every African must be able to participate and thrive in the global economy. To achieve this objective, we have built a trusted payment infrastructure that allows consumers and businesses (African and International) to make and receive payments in a convenient borderless manner.

We are recruiting to fill the position below:

Job Position: Analyst, Settlement

Job Location: Lekki, Lagos

Category: Global Operation

The Role

• We're looking for a Settlement Analyst to join our Global Operations team. The ideal candidate will join a team that takes responsibility for identifying and reporting issues and following up on corrective actions to resolve differences and deficiencies.
• We're working on making our regional financial system programmable. The Settlement team plays a critical role in enabling the realisation of this opportunity and simultaneously ensuring optimal validation of balances and the reasonableness of each of the accounts that Flutterwave uses for its transactions.

Job Details

Responsibilities include but are not limited to:

• Responsible for all merchant settlements and reconciliation being completed daily, weekly and monthly.
• Review the transaction details from merchants on a daily basic and reconcile every transaction that has been settled; resolving transaction exceptions variances and pending settlements
• Manage multiple merchant related settlements and transaction details on a daily manner
• Enforce strong risk and operational controls at all times and secure satisfactory audit results and adhere strictly with service commitment to merchant settlement
• Ensure all Operations activities are carried out in compliance with authorised processes and procedures and all processes to be documented
• Work in close collaboration with peers from Risk Unit, Finance unit and merchant business support to support the accounting functionality related to reconciliation and settlement
• Prepare and submit weekly report/exhibits of merchant settlement activities
• Participate in the review and development of new initiatives designed to improve on the existing platform
• Support automation/ Innovation, process review improvement developments product operational testing
• Any other duties assigned.

Requirements

Required competency and skillset to be a waver:

• Candidates should possess a Bachelor's Degree in Finance or Business related course.
• 1-2 years of experience in internal/external auditing or reconciliations
• High attention to detail, well organised and excellent analytical skills.
• Strong excel skills, ability to handle large amounts of data and to compile detailed reports.
• Ability to adapt to change quickly and multi-task.
• Client engagement experience
• Ability to work as part of a team and manage projects

You'll love this job if you:

• Have an intellectual curiosity about payments and technology
• Have high aptitude to quickly understand customer use cases and requirements
• Have the ability to drive cross-functional teams from ideation to solution
• Have the ability to manage proactive and reactive tasks effectively
• Are self-driven, self-starter, extremely passionate, goal-getter
• Are passionate about process improvements
• Are comfortable managing relationships within every aspect of the organisation from senior executives to engineers
• Embrace the challenge of managing multiple activities simultaneously
• Are comfortable working in ambiguity and the constant change of life at a startup experiencing hyper growth