Seychelles
Agriculture in Seychelles has played a major role in its economic development and the country is well-known for its main exports, cinnamon, vanilla and copra. Farming and fishing continue to grow and currently, prime agricultural products produced in Seychelles include sweet potatoes and coconuts. These products provide much of the economic support of the locals.
As many natural resources as it has, Seychelles’ growth has been led by the tourist sector, which employs roughly 30% of the labour force.
The country, which has a group of 115 islands, is the second richest in Africa after Equatorial Guinea.
The beautiful archipelago of islands is also one of the smallest countries in the world. It houses rare creatures like the giant Aldabra tortoise and has famously beautiful beaches and coral reefs bursting with exotic sea life, and is a paradise to visit and live in.
Although pirates present a security concern in Seychelles, it is actually a generally safe country with a low crime rate.
Free primary healthcare is available in Seychelles as well as private healthcare. There is a number of international and public schools in the country.
CA Global recruits for positions across Africa and has been doing so for 15 years. We are always seeking highly qualified locals, Diaspora, and expats for mid- to high-level positions. Visit our Africa Jobs portal to find the Seychelles job board where you can view the latest jobs in Seychelles.
Indian Ocean
Posted 11 months ago
Reference No. AMCDT01
Reference Number: AMCDT01
Job Description:
We have an exciting opportunity for a Settlement & Reconciliation Officer for our client in the banking industry. The Settlement & Reconciliation Officer will ensure the seamless and precise processing of settlement figures for Acquiring Business transactions and products through rigorous due diligence, addressing any issues stemming from electronic transactions. Conduct automated back-office tasks including dispute processing, settlement, reconciliation, and reporting to streamline operational efficiency.
Responsibilities:
•Oversee the daily processing of merchant transactions and ensure accuracy.
•Monitor transaction data for unusual activity or potential fraud.
•Investigate and resolve transaction-related issues in a timely manner.
•Handling merchant inquiries and issue resolution.
•Assist in Acquiring Business Risk Management & Operations to ensure Risks are controlled to prevent losses.
•Maintain Relationship with Service providers & Suppliers ensure prompt payment to them and avoid any breach of agreement.
•Process and reconcile vendor and customer disputes.
•Work with the merchant to represent transactions / resolve chargeback.
•Post and Maintain documentation of chargebacks.
•Update revenue reports.
•Monitor merchant accounts to identify potential risks or compliance issues.
•Assist in the implementation and enforcement of risk mitigation strategies.
•Maintain updated records and documentation related to risk assessment.
•Generate and analyze reports related to merchant transactions and settlements.
•Conduct daily reconciliations to ensure accuracy in financial records.
•Identify and resolve discrepancies and variances in merchant accounts.
•Stay informed about payment industry regulations and ensure compliance.
•Implement and maintain policies and procedures that align with industry standards.
•Assist in audits and regulatory examinations related to merchant services.
•Serve as a point of contact for merchant inquiries, issues, and escalations.
•Provide operational guidance and support to merchants, including troubleshooting.
•Collaborate with the sales team to assist in onboarding new merchants.
•Implement and maintain policies and procedures that align with industry standards.
•Assist in audits and regulatory examinations related to merchant services.
•Identify opportunities to enhance operational efficiency.
•Liaise with Suppliers / Service Providers on Acquiring Business operational matters to ensure efficiency and prompt execution in operations.
•Assist in Risk & Operations Management (Settlement / chargebacks and frauds management) to ensure prompt payments to Acquiring Business clients.
•Ensure accurate & prompt deduction of chargebacks to prevent financial risks to the Bank.
•Acquire Training at Visa Business School and MasterCard Academy to enhance existing skills and acquiring new ones.
•Have continuous Training in Excel/ Data Analytics for Daily Business Analytics (Management Information Systems) to assist in decision making.
•Liaise with Card Associations for the Acquiring Business to ensure complies with the card association requirements.
•Liaise with other Departments to facilitate Acquiring Business Operations and ensure prompt and accurate delivery of service.
Requirements: Qualification and Skill
•Minimum a Degree in Business Related Field.
•Three years in Acquiring Business /3-5 years in Cards / 5 years in Banking.
•Knowledge of Visa and MasterCard Systems would be an advantage.
Benefits and Contractual information:
•Full time position.
If you wish to apply for the position, please send your CV to Abigail Moleka at amoleka@caglobalint.com
Please visit www.caglobalint.com for more exciting opportunities.
Abigail Moleka Recruitment Consultant
CA Finance
CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.
Job Features
| Job Category | Banking & Insurance |
