Principle Responsibilities
- Perform daily settlements and validations of card schemes (Visa, MasterCard, UPI, and AMEX), including the review and processing of invoices raised by vendors and card schemes.
- Review processed files to identify discrepancies, investigate rejected or failed settlement files, and ensure accurate posting into commission accounts.
- Coordinate with Treasury and Finance departments to ensure sufficient funds are available before settlement deadlines.
- Ensure compliance with network operation rules and regulations to avoid penalty charges.
- Conduct data analysis on network fees, card revenues, and expenses.
- Review daily card control and settlement suspense accounts in accordance with the bank’s financial policies.
- Analyze customer behavior to identify new sources of revenue and advise on new revenue sources related to card transactions and settlements.
- Prepare and timely submit reports of BOT, QOC, QMR, UPBS and PPR for CRDB Management Team, Visa, MasterCard, UPI and AmEx schemes as per provided guidelines.
- Process ecommerce TC33 files promptly to facilitate payments and commissions to respective accounts.
- Monitor internal accounts to track targeted card income and identify abnormal losses and expenses.
- Analyze profitability across different business lines and products.
- Provide support to Issuing and Dispute teams.
Perform any other assignments delegated by the supervisor.
Qualifications Required
- Holder of a University Degree/Advanced Diploma in BA/ Accounts/ Finance/ Banking or a related academic field.
- At least 2 years of working experience in Banking mainly in the Card Business
- Certification on Visa/ MasterCard/ UPI/ AMEX would be of added advantage.
- Bank Card Business knowledge obtained from Card Schemes.
- Strong presentation and communication skills verbal and written·
- Planning and organizational skills.
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Advanced user of PowerPoint, Excel, and reconciliation tools.
