Team Lead, Card Settlement, Job in Nigeria - Access Bank Plc

Access Bank Plc is a financial institution with presence in 9 countries in Africa and the United Kingdom and in all major cities in Nigeria. Also referred to as the Africa's Bank of Best Practice, Access Bank operates on a platform of strong ethics, governance and professionalism.

We are recruiting to fill the position below:

Job Title: Team Lead, Card Settlement

Location: Lagos

Description

  • To supervise and authorize settlements and support Unit Head in providing quality service to partners in the area of settlement of transactions

Key responsibilities

  • Understanding of governing principles and rules of card settlements.
  • Clear understanding of Visa, Verve, Afrigo, Amex and Mastercard settlement process and procedures.
  • Ensure timely settlement of card transactions.
  • Balance incoming and outgoing transaction report against settlement values received from the associations (Switches).
  • Ensure correct entries to relevant settlement, expense or revenue accounts daily.
  • Responsible for ensuring that existing internal controls and regulatory policies over the settlement process are strictly adhere to.
  • Ensure the merchant transactions are posted into appropriate GL and account.
  • Ensure that suspense accounts are cleared daily.
  • Ensure that all regulatory reports are rendered as at when due.
  • Ensure accurate and timely merchant settlements
  • Ensure prompt processing of charge backs to avoid exposure.
  • Ensure prompt processing of credit cards settlement and repayment files daily.
  • Ensure DTS and credit cards reconciliation.
  • Responsible for championing of automation of Settlement processes.
  • Analyse Settlement data to identify trends, issues and areas for improvement.
  • Ensure regular training and guidance to settlement officers.
  • Foster strong relationships with partners and other stakeholders
  • Identify and mitigate potential risk in settlement processes.

Qualification

  • First Degree in any Discipline with a minimum of Second-Class honors.
  • Relevant Masters’ degree will be an advantage

Professional Membership: 

  • A recognized professional certification will be an added advantage

Experience:

  • Minimum of 6 years relevant experience and exposure in the marketing of financial services, will be an added advantage

Skills/Competencies:

  • Sound card settlement-specific knowledge.
  • Ability to convey factual information clearly and accurate.
  • Ability to interpret and analyze data effectively.
  • Excellent follow up skill.
  • Effective communication skills. Good verbal and written skills.
  • Ability to remain calm under pressure methodical, organize, accurate and pays attention to details.
  • Customer service oriented.
  • A general knowledge of accounting principles.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online