Clearing and Settlement Specialist - Payments - Remote/Budapest

Location Budapest, Hungary
Job Type Permanent
Salary Negotiable
Reference 30592

My client in the Payments industry is looking for Clearing and Settlement Specialists to join their growing team in Budapest, or to even work remotely! 

The ideal candidate has a clear understanding of payments in terms of clearing and payments settlements as well as cross border and domestic payments. 

Main focus of the role is to monitor the daily settlement process on behalf of the clients. Ensuring that that all queries, problems and incidents are dealt with in a timely and efficient manner.

Main Responsibilities

  • Proactively monitor payment processes, identify non-standard activity and exceptions
  • Verify all transactions have been executed in a timely and accurate manner.
  • Complete regular management reporting according to agreed KPI's
  • Preparing and sending Settlement reports to our client base
  • Checking and Reconciling settlement figures within area of responsibility, paying identifying any anomalies.
  • Identify discrepancies in settlement amounts and initiating fixes
  • Checking and monitoring file transfers processed by the card networks, resolving any issues together with internal and client technical teams while escalating issues in accordance with protocols and standards
  • Analyses processes and connected issues
  • Resolve processing and file transfer issues
  • Mandatory reporting to card companies (VISA, MC, AMEX, Diners)
  • Preparing and sending Settlement reports to our client base
  • Clearing and settlement reconciliation (daily, monthly)
  • Verification of the preparation of statements and invoices
  • Performing transfers of funds and Direct Debits out to External Bank according SLA
  • Carrying out any other activities allocated to the role

 

Requirements

  • Experience in Banking and Finance Accountancy or equivalent.
  • Minimum 5 years of working experience in banking industry or others that relate to Treasury or banking functions.
  • Proven understanding of settlement related knowledge such as payment method, country specific payment rules, SWIFT, correspondent bank, clearing channel, etc
  • Excellent knowledge in Excel, Power Point, etc, having experience with a payment processing systems
  • Have working knowledge of basic IT.
  • Good interpersonal skills and the ability to multitask in a demanding and fast paced environment.
  • Accurate, pro-active, able to work independently and demonstrate strong analytical and communication skills
  • Good level of English

 

 

 

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