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Card clearing, Settlement, Reconciliation Officer at VAM Systems
Doha, Doha, Qatar -
Full Time

Start Date

Immediate

Expiry Date

27 May, 26

Salary

0.0

Posted On

26 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Card Authorizations, Routing Knowledge, Visa, Mastercard, Clearing, Settlement, Reconciliation, Dispute, Chargebacks, Payment Gateway, Transaction Processing, Compliance Requirements, Attention To Detail, Analytical Mindset

Industry

IT Services and IT Consulting

Description
Job Description We are currently looking Payment Operations Executive - Card Payment Clearing & Settlement our Qatar operations. Experience: · minimum 7 Years of experience. · Should have proven banking experience with Cards Management systems. Ecommerce payment gateway:- · Card Authorizations · ⁠Routing knowledge · ⁠Good knowledge on card schemas (visa,mastercard) · ⁠Knowledge on clearing, Settlement, reconciliation · ⁠dispute and chargebacks Required Skills & Knowledge • Strong understanding of Visa and Mastercard card schemas. • Knowledge of transaction clearing, settlement, and reconciliation workflows. • Familiarity with payment industry standards and compliance requirements. • Attention to detail and ability to manage large transaction volumes. • Good communication skills for coordination across teams. • Analytical mindset to troubleshoot and resolve operational issues. Key Responsibilities Handle daily administrative and support activities related to transaction processing. Receive transaction files from Visa and Mastercard networks. Perform transaction clearing, ensuring accuracy and compliance with card scheme rules. Execute settlement processes, coordinating with internal teams and external partners. Conduct reconciliation of transaction records, identifying and resolving discrepancies. Maintain documentation and reports for audit and compliance purposes. Provide operational support to ensure smooth functioning of payment systems. Joining time frame: 2 weeks (maximum 1 month)
Responsibilities
Key responsibilities include handling daily administrative and support activities for transaction processing, receiving files from Visa and Mastercard networks, and performing transaction clearing and settlement processes. The role also involves conducting reconciliation of transaction records and maintaining necessary documentation for compliance.