Senior Officer, Settlement

Company: commercial bank of qatar
Location: Qatar
Employment Type: Full-time
Description:
Job Summary

To accomplish timely settlements of all cards Scheme Settlements and processing of accounting entries in GLincluding:
• Product reconciliation and processing of accounting entries in General Ledger for ATM, Cards billing, Invoices and Settlements.
• Identify and resolve Settlement exceptions and escalate issues to Section Head
• Submit ATM , Visa , Master, Diners and Paycard settlements trackers to Section Head as per SLA and review Settlement relatedSuspense account Proofs and take necessary action to clear the O/S items .
• Follow up with Schemes, Card business, corporate operations, Finance, Ops Risk, Internal and External Audit in relation with reconciliations & settlement and ad-hoc task/assignments.

Key Accountabilities
• Ensure Payment Scheme settlements are completed in timely manner.
• Validate all GL vouchers, invoices and settlements daily.
• Monitor related GL suspense accounts and P&L accounts for accuracy and O/S items.
• Visa Card/ MasterCard/ Diners… including Issuing & Acquiring – Debit & Credit Card settlement, reconciliation & monitoring of outstanding items.
• Automation of all manual reconciliation processes with proactive controls for exception management.
• Ensure the effectiveness of overall settlements on quality including auditing, compliance and O/S issues.
• Escalation of issues as required & Manage Project UATs related to Settlement Units.
• Training, developing, leading, motivating the team to deliver high-quality services.

Skills

Competencies
• Communication
• Interpersonal Skills
• Listening Skills
• Teamwork

Skills
• Ability to interact with internal and external stakeholders
• Ability to work under pressure
• Accuracy and attention to detail
• Arabic speaking preferred

Education
• Bachelor degree or equivalent
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Source: Jooble

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