Settlement Business Analyst

Settlement – Business Analyst

Location: Qatar

Client: Banking Sector

Contract: 6 Months (Extendable based on project requirements)

Budget: QAR 17000K (Based on experience)

Nationality: Open

Only Locally Available candidates with valid QID is considered

We are urgently seeking a skilled and detail-oriented Settlement Business Analyst to join a leading banking institution. This is an excellent opportunity for professionals with strong settlement and reconciliation expertise, particularly in retail banking, to play a key role in optimizing financial systems and processes.

Key Responsibilities

• Gather and document business requirements, workflows (As-Is/To-Be), and functional specifications.
• Collaborate with stakeholders to design and implement optimized business processes and solutions.
• Analyze and support reconciliation workflows, enhancing automation and exception management controls.
• Coordinate UAT activities to ensure alignment between business requirements and IT deliverables.
• Support the automation of manual settlement processes, ensuring accuracy and control.
• Contribute to the development of financial dashboards and reconciliation models.
• Perform gap and impact analysis, develop business cases, and facilitate workshops with business users.
• Collaborate with technical teams to translate business needs into functional system changes.

Mandatory Requirements

• Proven experience in settlement processes (local & international) within the banking domain.
• Strong knowledge of issuing and acquiring systems – including debit, credit, POS, e-commerce, and disputes.
• Familiarity with card scheme files (Visa, Mastercard, Amex, JCB, Diners, CUP) and message formats.
• Solid understanding of scheme rules, fees, and transaction flows.
• Knowledge of accounting principles: GL, P&L, accounts payable/receivable, FX impacts.
• Experience in managing clearing and settlement of card scheme files, and preparation of financial reports.
• Expertise in suspense account management and reconciliation controls.
• Proficient in database management, data modeling, and financial data analysis.
• Demonstrated ability to automate manual processes with strong control mechanisms.
• Excellent communication, stakeholder engagement, and coordination skills.
• Experience with financial settlement software and global standards.