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Payment Settlement & Reconciliation Analyst

Traction Apps

Traction Apps is a technology company focused on technology solutions for SMEs relating to merchant management and payments.

About Traction Apps
Traction Apps is a technology company focused on technology solutions for SMEs relating to merchant management and payments. Traction Apps is a division of Traction Venture Partners Limited, a venture building platform seeking to build and enable a B2B ecosystem in emerging markets.

Traction is a mission-driven, fast-paced and entrepreneurial environment, led by ex McKinsey consultants. The company presents a rich opportunity for our team members to drive meaningful growth and address real problems.

Payment Settlement & Reconciliation Analyst Description:
We are currently looking for a Payment Operations Lead. The Mission of the role is to define, operate and monitor the critical backend processes that allow Traction Apps to deliver an industry-leading payments experience to all our customers. You would be responsible for managing the daily
reconciliation and settlement of all transactions processed by Traction Apps.

Job Description
● Pay close attention to and ensure automation and reconciliation of all commissions,
chargebacks, and provide reconciliation and settlement reports
● Develop processes, resolution guides and business intelligence reports
● Manage and automate internal and external controls for payment processes, escalate and
resolve payment issues while working with the Product, Business and Engineering team
● Liaise with partners (banks and processors) to ensure seamless transactions for customers,
optimal cost structures and verify appropriate settlements
● Support management in completing special projects, ad-hoc reporting and analysis requests
● Coordinate onboarding processes and complete hardware configuration processes for merchants
● Work with Customer Service and Sales to assist with questions related to payments, loan and
incentive programs
Required Qualifications
● 2+ years of experience working in a similar role in banking, fintech or financial services industry
● Excellent Data Analysis & Reporting skills
● Strong knowledge of internal controls and financial reporting
● In-depth knowledge of bank reconciliation and settlement dynamics and processes
● Experience leading field sales teams
● Technically proficient to understand and promote Traction Apps’ product to customers

To apply for this job email your details to info@tractionventurepartners.com

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