Treasury Officer at Simplify International Synergy

Simplify International Synergy is a financial technology company focused on providing innovative and transformative financial solutions to individuals and businesses.

We are recruiting to fill the position below:

Job Title: Treasury Officer 

Location: Abuja (FCT)
Employment Type: Full-time

Job Summary

• Treasury Officer will be responsible for managing the company’s Payment Solution Service Provider (PSSP) and International Money Transfer Operator (IMTO) operations, ensuring regulatory compliance, optimizing financial transactions, and providing support to the company’s financial activities. 
• This role also involves close collaboration with finance, operations, and compliance teams to ensure seamless PSSP and IMTO operations.

Responsibilities

• Oversee daily transactions, settlements, and reconciliations for all PSSP and IMTO-related activities.
• Ensure seamless processing of inbound and outbound payments.
• Monitor fund movements across partner banks, digital wallets, and settlement accounts, ensuring sufficient liquidity for transactions.
• Work closely with banks, financial institutions, and payment partners to reconcile PSSP and IMTO settlements, identifying and resolving discrepancies promptly.
• Ensure adherence to CBN guidelines, AML / KYC requirements, and remittance regulations governing PSSPs and IMTOs. Prepare and submit regulatory reports as required.
• Maintain strong relationships with partner banks, PSSPs, IMTOs, financial regulators and other stakeholders, ensuring smooth operations and addressing any transaction challenges.
• Optimize the use of funds to maximize returns while minimizing risk.
• Analyze transaction trends, service fees, and partner commission structures to optimize revenue from payment processing and remittance services.
• Identify and mitigate risks associated with cross-border payments, transaction failures, and fraud in PSSP and IMTO operations.
• Prepare regular reports on transaction volumes, revenue, and other key metrics.
• Work closely with Finance, Compliance, and Technology teams to enhance financial operations, system integrations, and strategic initiatives.
• Perform any additional responsibilities as assigned by the CFO.

Requirements

• Candidates should possess a Bachelor’s Degree in Finance, Accounting, Economics, or a related field is required. Professional certifications such as ACCA, CFA, are an added advantage.
• Minimum of 3-5 years of experience in treasury operations, financial services, or payment processing preferably in the Financial Technology industry.
• In-depth knowledge of CBN regulations, AML / KYC compliance, and international remittance guidelines affecting PSSPs and IMTOs.
• Proficiency in treasury management software, banking platforms, and payment gateways used for financial settlements and reconciliations.
• Ability to analyze transaction data, identify discrepancies, and resolve financial issues efficiently.
• Excellent written and verbal communication skills, with the ability to liaise with banks, financial partners, and regulatory bodies.
• Must reside in Abuja.

Application Closing Date
22nd March, 2025.