Lead Clearing and Settlement

Role Overview: As a Lead- Clearing and Settlement in Credit + Acquiring Business Operations, your role involves being an expert in Acquiring -Clearing & Settlement & Recon Base I and Base II, General Ledgers, Voucher preparation, Merchant Settlement, and File Staging. You will be responsible for coordinating with network SPOCs to manage daily BAU activities, preparing, validating, and submitting vouchers BASE I and Base II, handling escalations, resolving queries immediately, writing SOPs, and actively participating in the audit process. Your participation in UAT Processes in Various Stages of the project and working in Jira is crucial. Additionally, you should have experience in Clearing and Settlement related to Merchants, sound domain knowledge of acquiring Clearing, Settlement, and Recon processes, and possess technical skills like working in Clearing Scheme tools such as Visa EDIT PACKAGE, PRE EDIT/MFE, and possess Advanced Microsoft Excel Skills. Key Responsibilities: - Expertise in Acquiring -Clearing & Settlement & Recon Base I and Base II, General Ledgers, Voucher preparation, Merchant Settlement, and File Staging - Coordinating with network SPOCs to manage daily BAU activities - Preparing, validating, and submitting vouchers BASE I and Base II - Handling escalations and resolving queries immediately - Writing SOPs and actively participating in the audit process - Reconciling Scheme funds received with the Scheme advisement and Statements - Participating in UAT Processes in Various Stages of the project and working in Jira - Working with Clearing Scheme tools such as Visa EDIT PACKAGE, PRE EDIT/MFE - Possessing Advanced Microsoft Excel Skills Qualifications Required: - 2-4 years of experience in Clearing and Settlement related to Merchants - Sound domain knowledge of acquiring Clearing, Settlement, and Recon processes - Knowledge of outgoing staging file & incoming file processing - Knowledge of file rejection, scheme rejection, outgoing v/s incoming reconciliation process - Reading and Interpreting the various merchant reports generated out of the system,