Senior Officer - Settlement & Reconciliation

United Arab EmiratesJob DescriptionRole : Senior Officer - Settlement & ReconciliationLocation : Abu DhabiRole Purpose:Manage All financial transactions related to credit & debit cards , handling the settlement and reconciliationKey Accountabilities of the roleReview Visa Fees Reconciliation report for Covered Cards and Debit Cards.Perform QA offshore Settlement Recon Department samples and ensure activities done correctly in QC sampling.processing Payment files and EOD in prime system.Review and prepare Cards Settlement department Dashboard report.Perform QC reconciliationGeneral Ledger Accounts related to the Card settlement Department activities.Preparation of Visa Monthly and Quarterly Fees JV and ensure all fees booked properly for all GL accounts and Stakeholders accounts.Prepare Monthly MIS reporting and cards usages for Covered Cards and debit cards & Prepaid Cards.Perform quarterly Visa and Master Cards Scheme reporting and ensure submission done properly.Work with Cards center Team on new project’s and system enhancement to STP process.Supervise Settlement Department team support them to achieve their targeted goals and activities.Daily Follow up with Offshore Team on different Job Task’s like JV’s Submission, Visa files processing in Genius, update new SRE’s to JV’s, update Monthly JV.Daily reporting Settlement Advice for Visa international usage and insure it’s been submitted to Vendor by STP process through FTS.Maintain daily communication with Business Team.Back up activity for the team.RESULTS REQUIERD:Review and verify daily QC settlement activities Processing of VISA/MasterCard by performing daily QA for Settlement department.Ensure daily Visa Fees reconciliation completion and ensure reconciliation done properly.Submitting Visa and Master Cards Quarterly reporting.Submitting Quarterly Central Bank reporting to FCD.Review and send Visa and Master Monthly and Quarterly fees JV booking to Offshore Settlement Dept. and ensure posting JV done before end of month.Compliance of policies & procedures – Comply and perform Key operational controls as required in ADIB’s polices & procedures in day-to-day operationsSpecialist Skills / Technical Knowledge Required for this role:Knowledge of UAE banking practices, regulations & risksKnowledge of Anti-Money laundering regulations issued by the UAE Central Bank and other regulatory authoritiesGood knowledge of customer service standardsGood knowledge of the Bank’s Credit Card Issuance Policy & ProceduresKnowledge of VISA and MasterCard Products – Transactions & SettlementsGood Communication SkillsManagement Information SkillsJob InfoJob Identification 3269Posting Date 06/19/2025, 10:22 AMApply Before 07/17/2025, 10:22 AMLocations Abu Dhabi, Bani Yas, Shk. Maktoum Bin Rashid St., , Abu Dhabi, AE#J-18808-Ljbffr