Deputy Manager-Reconciliation and Settlements

20 hours ago

Bengaluru, Karnataka, India Pine Labs Full time

We at Pine Labs are looking for those who share our core belief - "Every Day is Game Day". We bring our best selves to work each day to realize our mission of enriching the world through the power of digital commerce and financial services.

Role Purpose

We are hiring for the role of Manager. This is an Team Lead role reporting into the Financial Operations Team. In your role, you'll be instrumental in advancing our mission by Customer First initiative; is to empower merchants to provide a seamless and frictionless payment experience to their customers.

The responsibilities we entrust you with


• Manage and supervise the Reconciliation and settlements related activities, to ensure an effective and efficient operating model is maintained.


• Process all payments and transactions within pre-set standardized turnaround times and ensure SLA are complied with.


• Work cross-organizationally and functionally to identify key opportunities in process, technical, and human interfaces and develop and implement plans to capitalize on those opportunities and measure and monitor success and impacts


• strong technical and analytical skills and a track record of success working in a team-based environment


• Ensure that the operational risk is effectively managed and addressed in all aspects of the payments and settlement function.


• Lead projects related to payments and reconciliation, ensure their timely completion, achievement of objectives and cost efficiency. Ensure the change over to new systems and processes is smooth and error-free.


• Ensure that any audit points have been addressed and cleared in a reasonable time.


• Prepare regular MI and analysis for senior management for effective monitoring and control.

What matters in this role


• Relevant work experience: Preferably from International Payment Gateways, Fintech, Acquiring settlement and Banks in merchant's settlement and reconciliation experience


• Years of work experience: Minimum of 5 years of banking experience and proven leader with predominant experience of merchant's settlement and reconciliation of payment Gateways transactions, refunds, cash management and nostro reconciliation, etc.


• Qualification: Minimum of graduation from a recognized University, Preferred choice will be from the accounting background (B.COM)


• What we value in our people: You will be the CEO of what you do and sign your work like an artist.


• You take the Shot: You decide fast and deliver right.


• You are the CEO of what you do: You show ownership and make things happen.


• You own tomorrow: You build solutions for the merchants and do the right thing.


• You sign your work like an artist: You seek to learn and take pride in the work you do.


• You are the Sherpa: You take people along and act in the interest of Pine Labs


• You care with tough love: You empower others and help people grow

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