Head, Clearing and Settlement Operations, Job in Nigeria - Unified Payment Services Limited

Unified Payment Services Limitedis a group of companies with services including Banking, Payment Scheme, Financial Technology, Digital Commerce, Value Added Service, Payment Solutions, Software Solutions, etc. Unified Payments is a principal member or licensed acquirer of American Express, Mastercard, Visa and UnionPay; and has been instrumental in building the infrastructure that supports Nigeria’s modern payments ecosystem. 

We are recruiting to fill the position below:

Job Title: Head, Clearing and Settlement Operations

Location: Ilupeju, Lagos



Employment Type: Full-time

Job Objective (s)

  • To ensure seamless file generation for UP Settlement (ATM/POS), Dispute Management, Scheme Settlement, MPGS Service, and Scheme Dispute Management (Chargeback).
  • To supervise designated staff.

Duties & Responsibilities

  • 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.
  • 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 schemes
  • 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 a defined time window for each scheme.
  • Daily download of scheme incoming files (VISA, Mastercard, UnionPay, AMEX).
  • Daily processing of downloaded scheme chargebacks for secondary settlement
  • within the defined chargeback window.
  • Daily reconciliation of chargebacks 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.

Requirements
Education:

  • First Degree in Accounting or any numerate subject.
  • Professional membership of ICAN/CIMA/ACCA or similar recognized professional accounting bodies.

Experience:

  • Experience: 10 years and above post NYSC.

Skill / Competencies:

  • High degree of accuracy.
  • Deductive reasoning abilities and an eye for detail.
  • Strong interpersonal and communication skills.
  • A good influencer and astute leader.
  • Advanced Excel user.

Knowledge:

  • Excellent knowledge of cost and financial accounting principles, practices, and procedures.
  • Knowledge of the card payment industry.

Reporting Relationships: 

  • Functionally reports to: Group Head, Settlement & Dispute Management.

Application Closing Date
30th November, 2026.

How to Apply
Interested and qualified candidates should send their CV to: blessing.okoh@up-ng.com and recruitment@up-ng.com using the job title as the subject of the mail.