Team Lead, Card Settlement

To supervise and authorize settlements and support Unit Head in providing quality service to partners in the area of settlement of transactions Requirements 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. 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. 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 Minimum Experience Minimum of 6 years relevant experience and exposure in the marketing of financial services, will be an added advantage