Settlement Officer - Reconciliat...

Paymint -
Maadi, Cairo

Settlement Officer - Reconciliation

Paymint -
Maadi, CairoPosted 2 months ago

14Applicants for1 open position

Experience Needed:

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Education Level:

Salary:

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Transaction Reconciliation:
Conduct daily reconciliation of financial transactions to identify and rectify discrepancies.
Ensure accuracy and completeness in settlement processes.
Documentation and Record Keeping:
Maintain organized and comprehensive records of settlement activities.
Generate regular reports on reconciliation outcomes and discrepancies.
Communication and Collaboration:
Collaborate with internal teams, including operations, finance, and customer service, to streamline settlement processes.
Communicate effectively with external partners to resolve settlement-related issues.
Risk Management:
Identify and assess potential risks associated with settlement activities.
Contribute to the development and implementation of risk mitigation strategies.
Compliance:
Ensure compliance with industry regulations and internal policies.
Stay updated on regulation changes and implement necessary adjustments to settlement processes.
Technology Utilization:
Utilize reconciliation tools and software to enhance efficiency.
Work with the technology team to optimize and implement new technologies as needed.
Continuous Improvement:
Proactively identify opportunities for process improvements.
Implement best practices to enhance overall operational efficiency.

Bachelor's degree in finance, Business, or a related field.
Minimum of 2 years of experience in settlement operations, preferably in a service company.
Strong understanding of financial instruments and reconciliation processes.
Detail-oriented with excellent analytical and problem-solving skills.
Effective communication and interpersonal skills.
Familiarity with reconciliation tools and software.
Ability to work collaboratively in a dynamic and fast-paced environment.