Acquiring Ops - Mumbai, India - Mount Talent Consulting

Mount Talent Consulting

Verified Company

Mumbai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

From 5 to 10 year(s) of experience

₹ Not Disclosed by Recruiter

Mumbai

Hiring for Acquiring Ops - Recon and Settlement Role with Reputed Organization
Total experience required : 3 to 15 years

Job location :
Mumbai (Malad West)

Working Model :
Work from office

Qualification

Graduate (With minimum 50 % marks)

Position Purpose

Digital Payments & Acquiring Operations supports several Payment products within bank such as Merchant Acquiring on Cards/UPI, Prepaid Cards Issuance, AePS, Domestic Money Transfers, Inward and Outward Forex Transfers etc.

These payment products are offered in partnership with various Bank Partners such as Payment Aggregators, FinTechs who provides last mile connectivity to Customer and Merchants through their own systems and physical network.

Bank in turn manages the Fund Flow, Reconciliation, Regulatory Obligations and monitors Risk.

Role is part of Digital Payments & Acquiring Operations and for
Acquiring Ops.
Acquiring Operations support Payment Aggregators across POS and Ecom to onboard merchants and settle funds. Operations team manages N/W Settlement recon, JV, Settlement, Regulatory Reporting and Expense/Income accounting.

Role requires a person who understands Card N/W and Settlement i.e. for MasterCard, VISA and Rupay.
Should have thorough knowledge of Payment Cycle starting from Authorization, Clearing, Settlement, Disputes and Billing
Ability to analyze JV for Outgoing and Incoming files and resolves gaps.
Person must be comfortable working on data and understands transaction flow with sound knowledge of accounting practices.
Mandatory prior experience in a banking or payment setup with work Experience of minimum 8 years
Team management experience is required for SM grade
Digital Payments is 24x7 and 365 days business and hence role may require flexibility to work on weekends/holidays or starting early morning. Compensatoryoffs are provided by bank in such an instance.
Role:_Operations Manager
Salary:_ Not Disclosed by Recruiter
Industry:_Banking
Department:_Customer Success, Service & Operations
Role Category:_Operations
Employment Type:_Full Time, Permanent
Key Skills
ReconciliationAcquiring Operations
Branch ReconciliationBanking OperationsTransaction BankingVendor Reconciliationbank reconciliationMaintain Day Bookdigital payment productsbankingOperations Management
Skills highlighted with '' are preferred keyskills