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Reconciliation and Settlement Manager at HugoBank

Karachi, Sindh, Pakistan -

Full Time

Start Date

Immediate

Expiry Date

06 Mar, 26

Salary

0.0

Posted On

07 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Reconciliation & Settlement Processes, Regulatory Reporting, Transaction Dispute Handling, Core Banking, Payment Systems, Process Improvement, Automation

Industry

Financial Services

Description

The Reconciliation and Settlement Manager plays a critical role in ensuring the integrity and efficiency of the bank’s reconciliation and settlement operations. The role is responsible for the end-to-end reconciliation of daily transactions such as Cash Withdrawal via ATM, Bill Payment, FBR collections, POS transactions , and fund transfers via 1LINK and Raast. The role also manages adjustments, reversals, dispute handling, and regulatory reporting while ensuring coordination with both internal teams and external partners. This function is essential for maintaining operational excellence, customer trust, and compliance within a digital-first banking framework. Bachelor’s Degree in Finance or related Field. (Master’s degree is preferred) 4 to 5 Years of proven experience in reconciliation and settlement operations within the banking or financial services sector. Reconciliation & Settlement Processes, Regulatory Reporting (SBP), Transaction Dispute Handling, Core Banking and Payment Systems, Process Improvement & Automation.

Responsibilities

The Reconciliation and Settlement Manager is responsible for the end-to-end reconciliation of daily transactions and managing adjustments, reversals, and dispute handling. This role ensures operational excellence and compliance within a digital-first banking framework.