Job Description
Manager - Reconciliation
Mumbai
This is Worldline
We are the innovators at the heart of the payments technology industry, shaping how the world pays and gets paid. The solutions our people build today power the growth of millions of businesses tomorrow. From your local coffee shop to unicorns and international banks. From San Francisco to Auckland. We are in every corner of the world, in every part of commerce. And just as we help our customers accelerate their business, we are committed to helping our people accelerate their carriers. Together, we shape the evolution.
The Opportunity
Good exposure in Digital banking and Sound knowledge in Card as well e-Payment Industry with good experience on merchant acquiring operations like Scheme clearings and settlements with recon solutions. It is great opportunity who is looking for job for developing their carrier and also work with such encouraging and dynamic team.Reconciliation is a process of comparing the transactions reports and activity to support the management for MIS reports and converting the transactions into accounting form, to helps banks for their internal general ledgers to account properly.
Day-to-Day Responsibilities
Monitor daily/weekly/monthly Nodal Accounts entries, receipt of funds settlements of Aggregators banks, balancing, Cash Position / flow, reconciliation, and verification.
Manage cross-functional stakeholders across customer support, tech, product, business, risk, compliance, legal and external stakeholders across banks, processors, and networks.
Monitor daily objects and processing within settlement time frame to ensure no financial loss. Ensure that Bank’s Compliance and Regulatory procedures are followed.
Handling all the queries and participate in discussions with solution/development teams till closure. And Provide guidance in developing and maintaining procedures for product/process implementation, compliance/data integrity programs of associations, monitor and control financial processes.
Responsible for the development, implementation and monitoring of Nodal bank Management, financial processes and reconciliation, which achieve business objectives and optimize the daily process .
must assess all the tasks on team agenda, prioritize them appropriately and come up with an efficient strategy for completing them.
Handling the exceptions, deferrals and ensure closure within timeline and ensure MIS and reports are sumbmitted in a timely manner to the clients / reporting manager.
Identify the manual activities, process efficiencies & developments, by providing practicals ideas on areas of improvements and work towards its automation.
Who Are We Looking For
We look for big thinkers. People who can drive positive change, step up and show what’s next – people with
passion, can-do attitude and a hunger to learn and grow. In practice this means:
Minimum of 10 Years of experience in handling the Nodal account management and Reconciliation
Knowledge of Acquiring/Payment/NBFC Industry (Acquiring preferred)
Working experience in clearing and Settlement of scheme like VISA / MasterCard / Rupay, in products like POS, mPOS, IRCTC, ETC. Also should be able to understand the dispute life cycle as per Scheme.
Keep track of ongoing projects, support bank and co-ordinate with WL internal teams until closure.
Must have worked on Visa/MasterCard/Rupay Base I & Base II file Transaction Reconciliation.
Co-ordinating with clients and internal teams.
Good communication skills & co-ordinating with clients and internal team.
Perks & Benefits
At Worldline you’ll get the chance to be at the heart of the global payments technology industry and shape how the world pays and gets paid. On top of that, you will also:
Be part of a company guided by a strong purpose to do good and recognized as top 1% of the most sustainable companies in all sectors worldwide.
Work with inspiring colleagues and be empowered to learn, grow and accelerate your career.
wellness programmes which may increase your job satisfaction and performance.
Company creating an employee recognition and reward program, employees do great work every day, and they deserve to be recognized for it.
Shape the evolution
We are on an exciting journey towards the next frontiers of payments technology, and we look for big thinkers, people with passion, can-do attitude and a hunger to learn and grow. Here you’ll work with ambitious colleagues from around the world, take on unique challenges as a team, and make a real impact on the society. With an empowering culture, strong technology and extensive training opportunities, we help you accelerate your career - wherever you decide to go. Join our global team of 18,000 innovators and shape a tomorrow that is yours to own.
Learn more about life at Worldline at careers.worldline.com
We are proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, *** (including pregnancy, childbirth, or related medical conditions), ****** orientation, gender identity, gender expression, age, status as an individual with a disability, or any applicable legally protected characteristics.
Mumbai
This is Worldline
We are the innovators at the heart of the payments technology industry, shaping how the world pays and gets paid. The solutions our people build today power the growth of millions of businesses tomorrow. From your local coffee shop to unicorns and international banks. From San Francisco to Auckland. We are in every corner of the world, in every part of commerce. And just as we help our customers accelerate their business, we are committed to helping our people accelerate their carriers. Together, we shape the evolution.
The Opportunity
Good exposure in Digital banking and Sound knowledge in Card as well e-Payment Industry with good experience on merchant acquiring operations like Scheme clearings and settlements with recon solutions. It is great opportunity who is looking for job for developing their carrier and also work with such encouraging and dynamic team.Reconciliation is a process of comparing the transactions reports and activity to support the management for MIS reports and converting the transactions into accounting form, to helps banks for their internal general ledgers to account properly.
Day-to-Day Responsibilities
Monitor daily/weekly/monthly Nodal Accounts entries, receipt of funds settlements of Aggregators banks, balancing, Cash Position / flow, reconciliation, and verification.
Manage cross-functional stakeholders across customer support, tech, product, business, risk, compliance, legal and external stakeholders across banks, processors, and networks.
Monitor daily objects and processing within settlement time frame to ensure no financial loss. Ensure that Bank’s Compliance and Regulatory procedures are followed.
Handling all the queries and participate in discussions with solution/development teams till closure. And Provide guidance in developing and maintaining procedures for product/process implementation, compliance/data integrity programs of associations, monitor and control financial processes.
Responsible for the development, implementation and monitoring of Nodal bank Management, financial processes and reconciliation, which achieve business objectives and optimize the daily process .
must assess all the tasks on team agenda, prioritize them appropriately and come up with an efficient strategy for completing them.
Handling the exceptions, deferrals and ensure closure within timeline and ensure MIS and reports are sumbmitted in a timely manner to the clients / reporting manager.
Identify the manual activities, process efficiencies & developments, by providing practicals ideas on areas of improvements and work towards its automation.
Who Are We Looking For
We look for big thinkers. People who can drive positive change, step up and show what’s next – people with
passion, can-do attitude and a hunger to learn and grow. In practice this means:
Minimum of 10 Years of experience in handling the Nodal account management and Reconciliation
Knowledge of Acquiring/Payment/NBFC Industry (Acquiring preferred)
Working experience in clearing and Settlement of scheme like VISA / MasterCard / Rupay, in products like POS, mPOS, IRCTC, ETC. Also should be able to understand the dispute life cycle as per Scheme.
Keep track of ongoing projects, support bank and co-ordinate with WL internal teams until closure.
Must have worked on Visa/MasterCard/Rupay Base I & Base II file Transaction Reconciliation.
Co-ordinating with clients and internal teams.
Good communication skills & co-ordinating with clients and internal team.
Perks & Benefits
At Worldline you’ll get the chance to be at the heart of the global payments technology industry and shape how the world pays and gets paid. On top of that, you will also:
Be part of a company guided by a strong purpose to do good and recognized as top 1% of the most sustainable companies in all sectors worldwide.
Work with inspiring colleagues and be empowered to learn, grow and accelerate your career.
wellness programmes which may increase your job satisfaction and performance.
Company creating an employee recognition and reward program, employees do great work every day, and they deserve to be recognized for it.
Shape the evolution
We are on an exciting journey towards the next frontiers of payments technology, and we look for big thinkers, people with passion, can-do attitude and a hunger to learn and grow. Here you’ll work with ambitious colleagues from around the world, take on unique challenges as a team, and make a real impact on the society. With an empowering culture, strong technology and extensive training opportunities, we help you accelerate your career - wherever you decide to go. Join our global team of 18,000 innovators and shape a tomorrow that is yours to own.
Learn more about life at Worldline at careers.worldline.com
We are proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, *** (including pregnancy, childbirth, or related medical conditions), ****** orientation, gender identity, gender expression, age, status as an individual with a disability, or any applicable legally protected characteristics.
💡 Quick Summary
Seeking a career-building opportunity? The Manager | Operations position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
