Chief, Clearing and Settlement Processes at Unified Payments Services Limited in Victoria Island, Lagos

Position Goal(s)

To guarantee smooth file production for UP Settlement (ATM/POS), Dispute management, Scheme Settlement, MPGS Service and Scheme Dispute Management (Chargeback). To oversee appointed employees.

Obligations & Duties

• Routine processing and organizing of T464 files for all customers.
• Assigned duty: Executing any other duty as may be allocated from time to time.
• Routine settlement and assist to customers.
• 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.
• 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 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.
• In collaboration with Human resources, in charge of attracting, recruiting, inspiring, compelling and maintaining employees in their units/departments and directorates by institutionalizing a healthy professional environment, nurturing advancement through development and progression avenues, supporting open dialog and response, identifying payments, and making sure fair and welcoming procedures.

Qualifications

• Education: First Academic qualification in Accounting or any numerate subject.
• Specialist membership of ICAN/CIMA/ACCA or similar identified specialist accounting bodies.
• Expertise: At least 10 years post service.

Ability / Skills:

• High academic qualification of precision.
• Logical reasoning abilities and eye for description.
• Robust interpersonal and verbal abilities.
• A good influencer and astute leader.
• Improved Excel user.
• Expertise.
• Outstanding expertise in cost and financial accounting principles, procedures and standardized processes.
• Expertise in Card Payment industry.