Settlement Specialist

About The Client

Our client is an international company specializing in the e-commerce and payments industry. They collaborate with banks, financial institutions, and international payment organizations to provide solutions that enable businesses to implement modern payment tools. These tools ensure effortless data collection, storage, and transaction completion with just a few clicks.

Role Overview

As a Settlement Specialist, you will play a crucial role in ensuring the accuracy and efficiency of financial transactions. You will oversee daily reconciliations, manage settlements, and work closely with various stakeholders to maintain smooth operations. Your expertise will contribute to enhancing system performance and ensuring compliance with industry standards.

Key Responsibilities

• Transaction Reconciliation: Oversee the reconciliation of daily transactions to ensure accuracy and consistency.
• Settlement Processing: Handle settlements, refunds, and adjustments in compliance with company policies and industry standards.
• Discrepancy Resolution: Monitor transaction discrepancies and collaborate with internal teams for prompt resolution.
• Reporting and Analysis: Prepare settlement reports and data analyses to support financial and operational decision-making.
• Stakeholder Collaboration: Work with payment processors, banks, and crypto exchanges to facilitate smooth settlement operations.
• Workflow Improvement: Identify opportunities to improve settlement workflows, enhance system performance, and mitigate risks.
• Regulatory Compliance: Maintain compliance with local and international regulations, ensuring settlements align with AML, KYC, and financial reporting standards.
  
  

Requirements

• Educational Background: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Experience: Previous experience in settlement operations, financial analysis, or a similar role is preferred.
• Analytical Tools: Proficiency in financial and data analysis tools such as Excel, SQL, or similar platforms.
• Technical Knowledge: Experience with reconciliation and accounting systems; knowledge of blockchain technology is a plus.
• Attention to Detail: Strong analytical skills and a solution-oriented mindset.
• Organizational Skills: Excellent organizational skills with the ability to multitask, meet deadlines, and adapt to rapidly changing environments.
  
  

Key Soft Skills

• Communication: Strong verbal and written communication skills.
• Problem-Solving: Ability to identify issues and develop effective solutions.
• Adaptability: Flexible and able to thrive in a dynamic work environment.
  
  

What We Offer

• Competitive salary based on your experience and background.
• Attractive bonus system.
• Great health insurance after the probation period.
• Paid lunch (Mon-Thu) for onsite colleagues.
• A comfortable and relaxed work environment.
• Convenient office location in Riga city center.
• Growth opportunities in the fintech sector.
  
  

Apply in 2 min to join this innovative company and contribute to the future of e-commerce and payments!