# Team Lead, Card Settlement

**Company:** [Access Bank PLC](https://jobs.workable.com/companies/jU5uuADvabUAgH2TVVPaCN.md)
**Location:** Lagos, Nigeria
**Workplace:** on site

[Apply for this job](https://jobs.workable.com/view/50025e94-ae7b-4c5e-ae2d-5df4a623e2e1)

## Description

To supervise and authorize settlements and support Unit Head in providing quality service to partners in the area of settlement of transactions

## Requirements

**Key Responsibilities**

-   Understanding of governing principles and rules of card settlements.

-   Clear understanding of Visa, Verve, Afrigo, Amex and Mastercard settlement process and procedures.
-   Ensure timely settlement of card transactions.
-   Balance incoming and outgoing transaction report against settlement values received from the associations (Switches).
-   Ensure correct entries to relevant settlement, expense or revenue accounts daily.
-   Responsible for ensuring that existing internal controls and regulatory policies over the settlement process are strictly adhere to.
-   Ensure the merchant transactions are posted into appropriate GL and account.
-   Ensure that suspense accounts are cleared daily.
-   Ensure that all regulatory reports are rendered as at when due.
-   Ensure accurate and timely merchant settlements
-   Ensure prompt processing of charge backs to avoid exposure.
-   Ensure prompt processing of credit cards settlement and repayment files daily.
-   Ensure DTS and credit cards reconciliation.
-   Responsible for championing of automation of Settlement processes.
-   Analyse Settlement data to identify trends, issues and areas for improvement.
-   Ensure regular training and guidance to settlement officers.
-   Foster strong relationships with partners and other stakeholders
-   Identify and mitigate potential risk in settlement processes.

**Skills/Competencies**

-   Sound card settlement-specific knowledge.

-   Ability to convey factual information clearly and accurate.
-   Ability to interpret and analyze data effectively.
-   Excellent follow up skill.
-   Effective communication skills. Good verbal and written skills.
-   Ability to remain calm under pressure methodical, organize, accurate and pays attention to details.
-   Customer service oriented.
-   A general knowledge of accounting principles.

**Qualification**

-   First degree in any Discipline with a minimum of Second-Class honors.

-   Relevant Masters’ degree will be an advantage

**Professional Membership**

A recognized professional certification will be an added advantage

**Minimum Experience**

Minimum of 6 years relevant experience and exposure in the marketing of financial services, will be an added advantage