Settlement Processing Analyst

Job Summary

We are looking for a detail-oriented and organized Settlement Processing Analyst to joinour Operations team. This role is responsible for the accurate and timely settlement oftransactions across multiple banks and payment modes. The ideal candidate will possessstrong analytical skills, a good understanding of settlement systems, and a proactiveapproach to risk mitigation and issue resolution.Operations AnalystJob Title: Settlement Processing Analyst / Operations AnalystLocation: Pune

Key Responsibilities

? Process and monitor daily settlements across all partner banks and paymentchannels.? Ensure timely transaction confirmation, matching, and settlement.? Investigate and resolve settlement discrepancies in coordination with banks,acquirers, and internal stakeholders.? Coordinate with business, compliance, and custodial teams to ensure smooth andaccurate settlements.? Perform daily reconciliations between internal systems and acquiring partners.? Monitor failed transactions and take corrective measures to minimize financialexposure and operational risk.? Maintain accurate records of settlement and transaction activities for audit andcompliance purposes.? Support continuous process improvement, automation, and operational efficiencyinitiatives.? Ensure strict adherence to internal controls, operational risk guidelines, andregulatory requirements (e.g., T+0 / T+1 settlement cycles, bank file settlements).

Qualifications & Skills

? Bachelor's degree in Commerce, Finance, Business, or a related field.? Minimum 1 year of experience in settlement operations or transaction processing.? Familiarity with banking operations, payment systems, and financial instruments.? Working knowledge of settlement and reconciliation systems.? Strong analytical and problem-solving skills with attention to detail.? Proficiency in MS Excel (pivot tables, VLOOKUP, etc.).? Good communication and interpersonal skills.? Ability to work under pressure in a fast-paced, deadline-driven environment.

Preferred Qualifications

? Advanced Excel skills or exposure to automation tools (e.g., Macros, Power Query).? Understanding of regulatory frameworks and compliance guidelines in settlementoperations.? Experience working with acquirers, payment processors, or banking institutions.Employment TypeFull-Time