Settlement Specialist at Unified Payments Services Limited

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.