Reconciliation And Settlement Associate
Current- Daily reconciliation of transactions routed through various payments platforms, meticulously identifying exceptions and subsequent investigation and escalation of exceptions.- Investigate chargebacks on Arbiter swiftly and efficiently, minimizing financialrisk and chargeback expenses by 80%.- Orchestrate daily settlement processes for merchants, guaranteeing timely transactions, thereby retaining all merchants.- Foster and maintain strong relationships with switching companies and card schemes, resolving settlement issues promptly.- Implement automated solutions using Microsoft Power Automate, simplifying 2 manual operations and boosting efficiency.- Produce comprehensive reconciliation and settlement reports on a weekly and monthly basis, providing vital insights and data for decision-making using Microsoft PowerBI.- Collaborate with software departments to propose optimization strategies across various products, enhancing overall performance of work processes.- Ensure adherence to policies, regulations, and SLA with processors, mitigating potential revenue losses and ensuring financial integrity and professionalism.