E-Payment Settlement Officer

Renmoney is seeking an E-Payment Settlement Officer to manage daily settlement, reconciliation, and exception handling for electronic payment transactions.

What you'll do

• Perform daily settlement of electronic payment transactions across all channels and monitor activities with payment switches, settlement banks, and partners.
• Ensure timely settlement in line with agreed SLAs, investigate and resolve failures or delays, and recommend process improvements.
• Conduct daily reconciliation of settlement General Ledger (GL) accounts, resolve breaks, and maintain supporting documentation.
• Manage settlement exceptions, resolve failed or unmatched transactions, and escalate unresolved issues.
• Monitor payment processing, process adjustments and reversals, and ensure proper authorization for manual postings.
• Prepare daily and weekly settlement and reconciliation reports, exceptions and ageing reports, and operational performance metrics.
• Liaise with payment switches, banks, fintech partners, and internal teams (Technology, Finance, Risk, Internal Control, Customer Experience).
• Ensure compliance with policies, procedures, and regulatory requirements, maintain audit trails, and support audits.

Who can apply

• HND or B.Sc. in Accounting, Finance, Economics, Business Administration, or a related field.
• Minimum 2–4 years’ experience in banking operations, e-payment operations, settlement, reconciliation, or transaction processing.
• Sound knowledge of electronic payment systems, banking operations, and settlement processes.
• Practical experience with Interswitch and Mastercard settlement processing is valued.

What’s required

• Proficiency in Microsoft Excel and reporting tools.
• Strong analytical, reconciliation, and problem-solving skills.
• Excellent attention to detail, stakeholder management, and communication.
• High integrity, accountability, and ability to work under pressure and meet strict deadlines.