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Verified Job Accounting - Finance

Specialist Operations Gen OpsConsumer Banking

Chennai, Tamil Nadu
Accounting - Finance
#222733
Remote / WFH

Job Description

Business Function
Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Job Purpose
• The candidate would be responsible to set up the framework for the Payments & Settlement reconciliation for the Credit Card business, and to ensure a robust control environment is set up around the same.
• Needs to identify the risk & control issues through continuous monitoring & reconciliation.
• The said candidate needs to collaborate with various stake holders on matter of reconciliation methodology and control aspects for seamless functioning of the unit.
• Excellent communication & analytical skills with strong data analytic capabilities.

Key Responsibilities & Accountabilities
• Responsible for setting up the framework for the Payments & Settlement reconciliation for the Credit Card business.
• Thorough understanding of each Business Events and the related Financial Transactions and their accounting entries.
• Thorough understanding of the settlement flows.
• Understanding of the dispute resolution mechanism for a credit card including chargebacks and dispute handling.
• Understanding of creation of Workflows to ensure quick investigation of identified discrepancies.
• Understanding and ability to configure match rules to handle matching scenarios.
• Expertise in Chargeback and Reconciliation Management with knowledge of associations including Visa, Master Card and AMEX.
• Responsible for setting up the Governance framework with regards to Credit Cards.

Experience
Essential
• Prior experience in in handling Credit Card Reconciliations.

Desirable
• Experience of min 10-12 years in any various Credit Card Operations processing roles.
• Experience in conduction UAT's and having experience of leading projects on automation.

Core Competencies
• Strong planning, organizational and analytical skills
• Attention to detail and accuracy
• Effective problem-solving skills
• Computer literate, with a good understanding of Microsoft Excel & Power point.
• Able to work independently with strong teamwork values
• Good inter-personal and communication skills

Work Relationship
• Collaboration with all units of the
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