Reconciliation & Settlement Specialist at PalmPay Limited

Posted on Mon 02nd Mar, 2026 - www.hotnigerianjobs.com --- (0 comments)

PalmPay is an Africa-focused fintech firm, launched in 2019. PalmPay is a mobile payments platform that offers a number of financial services.

We are recruiting to fill the position below:

Job Title: Reconciliation & Settlement Specialist

Location: Opebi, Ikeja - Lagos

Position Overview

  • We are seeking a highly skilled and detail-oriented Reconciliation Specialist  to join our Reconciliation team.
  • The Reconciliation Specialist will play a critical role in ensuring the accuracy and integrity by reversing transactions, accounts, and statements.
  • This role is instrumental in maintaining financial compliance and providing valuable insights to support decision-making processes.

Job Purpose

  • The Reconciliation Specialist is responsible for resolving all issues arising from electronic transactions.
  • Perform automated back-office processing such as dispute processing, settlement, reconciliation and reporting.
  • Engage aggregators and business partners on improved service delivery
  • Attending to all transfer related enquiries from banks.

Responsibilities

  • Develop and execute processes, standards, guidelines, and service level agreements for partnering organizations.
  • Attend to customer and merchant disputes and ensure prompt resolution.
  • Liaise with banks and aggregators on settlement discrepancies.
  • Identifying, negotiating, and closing partnership deals on direct product offerings.
  • Liaising with switching companies and card schemes on Settlement issues
  • Reconciliation of transactions routed through various payment platforms, including POS.
  • Daily reconciliation of accounts for exceptions and subsequent escalation of exceptions to the switch and other vendors or third parties for resolution.
  • Ensures timely reconciliation of all transactions done on the terminals.
  • Ensure daily validation of transaction posting on the system.

Specifications & Requirements

  • Creative thinker and problem solver who can resolve issues arising from online transactions in a timely and efficient manner.
  • A self-starter and self-motivated person who is able to influence and direct the settlements and reconciliation process.
  • Passionate about solving problems and is focused on customer experience and outcomes.

Requirements

  • A Bachelor's Degree or its equivalent
  • Proven experience (2 years) in Settlement, Reconciliation & Chargeback role, preferably within the fintech, banking, or payment industry.
  • At least 3 years in Digital Financial Services or banking industry experience
  • Experience with electronic payment systems
  • In-depth knowledge of payment processing- gateways
  • teamwork skills
  • Organization and Time management skills
  • Proficiency in the use of MS Office suites.
  • Excellent communication skills and interpersonal skills.
  • Attention to detail and accuracy
  • Strong analytical and problem-solving skills.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online