Settlement Officer

Description:

PayPro is a leading fintech in the payments space. This position is in Karachi. We are seeking a highly motivated and detail-oriented Settlement Officer to join our dynamic team. The ideal candidate will be responsible for managing the end-to-end settlement process, ensuring timely and accurate processing of transactions, and maintaining strong relationships with financial institutions and partners. This role requires a strong understanding of payment systems, and excellent analytical skills.

Key Responsibilities:

• Oversee the daily settlement operations, including the reconciliation and settlement of transactions across multiple payment platforms.

• Ensure timely and accurate processing of settlements, resolving any discrepancies in a prompt and efficient manner.

• Collaborate with internal teams and external partners to streamline settlement processes and improve operational efficiency.

• Develop and implement policies and procedures for the settlement process to ensure compliance with regulatory requirements and industry best practices.

• Monitor settlement activities and prepare detailed reports for senior management.

• Identify and mitigate risks associated with the settlement process, implementing effective controls and safeguards.

• Stay updated with industry trends, regulatory changes, and technological advancements to ensure the settlement process remains cutting-edge and compliant.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.

• Minimum of 2 -3 years of experience in a settlement or reconciliation role within the financial services or fintech industry.

• Strong understanding of payment systems, financial markets, and settlement processes.

• Proven experience in leading and managing a team.

• Excellent analytical and problem-solving skills, with a keen attention to detail.

• Strong communication and interpersonal skills, with the ability to build and maintain relationships with internal and external stakeholders.

• Proficiency in financial software and tools, with advanced knowledge of Microsoft Excel.

• Ability to work in a fast-paced and dynamic environment, managing multiple priorities and deadlines.