On behalf of our client, a Financial Services provider, we are looking for a Settlements Officer to be based at their offices in Limassol, Cyprus.
Main Duties and Responsibilities
- Performs daily reconciliation of transactions between internal systems, PSPs, and banking partners.
- Monitors and processes the settlement collections, ensuring timely and accurate fund transfers.
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Investigates and resolves settlement discrepancies, breaks, and unmatched transactions.
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Liaises with PSPs, banks, and internal teams to resolve payment and settlement issues.
- Maintains accurate records of all settlement activities and ensures proper documentation.
- Assists in optimizing and improving settlement processes and workflows.
- Monitors transaction flows and flags any anomalies or potential risks.
- Manages the exposure with all the payment providers.
Job Requirements
- A bachelor’s degree in business administration, finance, accounting, or related fields will be considered a plus.
- 1–3 years of experience in settlements, reconciliation, payments operations, or a similar role within the financial services industry.
- Experience and knowledge of payment industry regulations, standards, and processes.
- Attention to detail and a commitment to accuracy in documentation and contract management.
- Proficient in Microsoft Office Suite with strong Excel skills.
Benefits
- Attractive remuneration package according to qualifications and experience.
- Private Medical Insurance after completion of the first 3 months of employment.
- Discretionary performance bonus and annual salary review.
- Employee Referral Bonus.
- 21 days of Annual Leave.
- 5 days of Paid Sick Leave.
- Corporate discounts.
All CVs will be handled with the utmost confidentiality.
