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Settlement Specialist at Unified Payments Services Limited

Posted on Tue 08th Jul, 2025 - hotnigerianjobs.com --- (0 comments)


Unified Payment Services Limited is Nigeria’s premier Payments & Financial Technology company that operates as a shared infrastructure for the banking community in Nigeria and Payments Service Provider within and outside Nigeria, with a vision to be the most preferred e-payment service provider in Africa.

We are recruiting to fill the position below:

Job Title: Settlement Specialist

Location: Victoria Island, Lagos
Employment Type: Full-time

Job Description

  • To settle all received dispute and ATM transactions within alloted timing.
  • To produce such reports as may be requested by management for the purpose of decision making

Responsibilities

  • Processing of VISA ATM NNS Code 33/and TLA ATM Files
  • Processing of Domestic ATM settlement
  • ATM Settlement Automation Process/ ATM CPD reconciliation
  • Processing of Retrieval Request/dispute
  • Processing fee collect
  • Processing funds disbursement
  • To ensure that all disputed transactions are supported with valid information and documents.
  • Initiating Arbitration/Compliance
  • Ensuring of daily balancing and reconciliation of rol500 financial report with VSS-120 report for chargeback credit, dispute response debit and chargeback reversal debit to issuers' account.
  • Dispute stages are well monitored to ensure that banks are not exposed to financial loss as a result of negligent.
  • Reconciliation of debit into Issuer banks' position for disputed transactions.
  • Processing good faith dispute resolution.
  • To ensure that fee collect is initiated to collect funds from the acquirer whenever acquirer accepts transaction or card scheme rule arbitration case in favour of the issuer.
  • To ensure funds disbursement is processed on behalf of the issuer bank when arbitration cases is ruled against the issuer bank.
  • Reconciliation and interpretation of the banks VSS file report.
  • Assist issuer banks to determine the best dispute reason codes to apply.

Key Performance Indicator

  • 99% accuracy in settlement
  • Timeliness of Reports
  • 100% documentation

Requirements

  • First Degree (2:2 or Lower credit) in Accounting, Statistics and Economics and Mathematics.
  • Experience: 2- 4 years and above post NYSC.

Skill:

  • Computer skills (Microsoft package)
  • Good interpersonal skills.
  • Attention to details
  • Critical reasoning and analytical abilities
  • Good writing and oral communication & presentation skills.

Knowledge:

  • E-payment industry knowledge.

Application Closing Date
14th July, 2025.

How to Apply
Interested and qualified candidates should send their CV to: judith.okolie@up-ng.com using the Job Title as the subject of the mail.


  

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