Settlement Officer – Fintech Operations

Job Description

🚨 We're Hiring | Settlement Officer – Fintech Operations 📍 Location: Mumbai (Onsite) | 💼 Full-Time 📢 Experience: 2–4 Years 📊 Department: Operations & Merchant Services Are you detail-oriented and passionate about financial accuracy? We're looking for a Settlement Officer to join our dynamic Operations team and ensure seamless merchant settlements and RBI-compliant processes. 🔧 Key Responsibilities: ✅ Process daily settlements across all payment modes ✅ Reconcile transactions with high accuracy ✅ Manage escrow accounts per RBI Payment Aggregator guidelines ✅ Resolve settlement disputes with merchants and banks ✅ Generate reports for audit and compliance ✅ Track revenue, costs & monitor delays ✅ Maintain meticulous records for RBI audits 🎯 What We’re Looking For: 🔹 Bachelor’s degree in Finance, Accounting, or related field 🔹 2–4 years of experience in settlement operations / fintech 🔹 Strong knowledge of RBI escrow & settlement guidelines 🔹 Proficiency in Excel & reconciliation tools (Tally preferred) 🔹 Familiarity with MDRs (e.g., 0.3% for UPI QR) 🔹 Excellent attention to detail & analytical mindset 📈 KPIs You’ll Own: ⚡ 100% Settlement Accuracy ⏱ Process Within 24 Hours 🔁 Dispute Resolution in 48 Hours 📩 Interested or know someone who fits? 👉 Apply now or share your Cv at neha.sehgal@prakharsoftwares.com Show more Show less