Reconciliation Specialist Sr

Calling all innovators – find your future at Fiserv.

We’re Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day – quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we’re involved. If you want to make an impact on a global scale, come make a difference at Fiserv.

Job Title

Job Description: • Manage and process all type of Chargebacks – Visa, MasterCard, AMEX and RuPay. • Maintained strict adherence to Chargeback's Terms and Conditions official procedure. • Thorough knowledge of Visa/MasterCard/AMEX/ RuPay Operating Regulations • Executed key analysis on missed links by the system. • Worked with my internal and external counterparts by exchanging chargeback ideas to improve productivity and reduced the discrepancy rate while maintaining customer excellence. • Direct involvement on the follow through on problem resolution. • Verify all transactions have been accurately posted and perform reconciliation between system reports and client files in a timely manner. Identify gaps and inconsistencies and escalate it to the reconciliation supervisor for resolution recommendation. • Complete regular management reporting according to agreed KPI's. • Preparing and sending chargeback trackers / MIS/ Dashboards as per client requirement. • Checking and reconciling settlement figures within area of responsibility. • Identify discrepancies in settlement amounts and initiating fixes post sharing exceptions to the client. Collecting and analyzing data files to identify trends, patterns, anomalies, and other helpful information. • Checking and monitoring file transfers processed by the card networks/ internal systems, resolving any issues together with internal and client technical teams while escalating issues in accordance with protocols and standards. • Carrying out all tasks within the timescales set out on the Settlement, Reconciliation and other daily check lists, whilst meeting our contractual SLAs. Carrying out any other activities allocated to the role.

Candidate Requirements:

Graduate preferably in Commerce. Experience in Banking, Finance, Payment industry and Accountancy or equivalent.

Minimum 3-4 years of working experience in Finance / Banking industry or others that relate to Banking & Payment and settlement operation functions.

Proven understanding of chargeback and settlement related knowledge such as Scheme incoming/outgoing files, skillset to read and understand the files, using these files for reconciliation, preparing Journal Vouchers, payment methods, card operations – debit card / credit card/ prepaid card, POS transaction flow, chargeback knowledge, all network associations reason codes, knowledge of all scheme portals etc

Excellent knowledge in Excel, Power Point, etc,

Have working knowledge of basic IT.

Good interpersonal skills and the ability to multitask in a demanding and fast paced environment.

Accurate, pro-active, able to work independently and demonstrate strong analytical and communication skills

Diligence, attention to detail and commitment to maintaining a strong control environment

Dedication, drive and a strong work ethic

Preferred skillsets: • Visa/MasterCard Operating Regulations • Workstations and database software • Internal and network processing systems and software Regulation E and Visa • MasterCard processing timeframes and regulations • Credit card/ Debit card chargeback processing Visa/MasterCard/ AMEX/ Rupay regulations • Regulation E compliance • Demonstrable analytical and problem-solving skills. • Proven ability to manage time critical and deadline orientated workload. • Demonstrable organization skills with the proven • IT Skills - Excel, Word, and Outlook • Problem Solving, Interpersonal, Numerical Skills • Query Managemen

Thank you for considering employment with Fiserv. Please:

• Apply using your legal name
• Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).

Our commitment to Diversity and Inclusion:

Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, protected veteran status, or any other category protected by law.

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