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Associate, Cards Settlement

Full Time
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Commercial Bank of Qatar

ID: 6937

  • Bachelor degree or equivalent
  • Ensure all accounting entries are posted related to settlements (Visa, MasterCard, UPI & Diners card) in timely manner without error.
  • Ensure no loss due to settlement failure
  • Ensure all complaints are highlighted to line management and resolution is provided.
  • Allotment of Chargeback & Re-presentment in respective chargeback accounts.
  • Credit or Debit Customer’s Account on the basis of Base II Reject
  • Recovering the amount as per the Debit card Settlement adjustment and track the Block of Customer Accounts.
  • Working with ITD for UAT support and implementation of schemes mandates on-time.

Role Summary:

Manage all Scheme Settlements, file submissions, follow up and accounting functions for credit & Debit card transactions of the Bank. Manage accounting and book keeping functions of all Card Operations. Support Cards business team for new product launches and UATs, designing processes and change implementations. Ensure seamless day to day Card reconciliations and settlements activities are in line with approved SOP and SLA.

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