Clearing officer at Unified Payment Services Limited in Lagos

Position Overview

The Clearing and Settlement Operations coordinator is in charge of carrying out UP Settlement (ATM/POS) file production and Dispute management; Scheme Settlement file production/MPGS Service; and Scheme Dispute Management (Chargeback).

Duties

• Routine processing of authorized financial record for local settlement and secondary settlement file production. ▪ Routine processing of authorized ATM for domestic settlement (Settlement file production).
• Making sure that settled ATM/POS financial record are fully current into Dispute Management System (DMS) and Query portal. ▪ Assist to banks and non-banks (acquirers and merchants) on Dispute Management System.
• Routine settlement and assist to customers.
• Supervising of financial record data suppliers (PayAttitude, PayArena, Hope PSB administrative support, CBE, TCM etc) for routine removals of authorized financial financial record that certify for settlement, Routine processing of authorized financial record (clearing) for international scheme settlement.
• Routine processing of downloaded MPGS files (Clearing of MPGS) for different customers.
• Routine inspection procedures to forestall duplicate or unfinished entry of clearing files to the different schemes in specified data layouts and within defined time windows for each scheme.
• Reprocessing of rejected file or financial record where relevant and entry within defined time window for each scheme.
• Routine settlement and assist to customers.
• Routine download of scheme incoming files (VISA, Mastercard, UnionPay, AMEX).
• Routine processing of downloaded scheme chargeback for secondary settlement within defined chargeback window.
• Routine settlement of chargeback to avoid exposure due to late presentment. ▪ Routine processing and organizing Base11 files for all customers.
• Routine processing and organizing of VSS files for all customers.
• Routine processing and organizing of T464 files for all customers.
• Routine settlement and assist to customers.

KPI

• 100% precision in settlement
• Timeliness of Documentation
• 100% recordkeeping.

Qualifications

• Tertiary education: OND (Upper or Minimum lower credit) in Accounting, Statistics, Economics and Mathematics.
• Others: Professional certification – added advantage.
• Expertise: 0-2 years’ expertise in Clearing and Settlement Processes.