Senior Officer, AC Creation & Disb, WLOC

2201 United Overseas Bank (Malaysia) Bhd; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

The Payment & Settlement Officer at 2201 United Overseas Bank (Malaysia) Bhd will handle timely processing, reconciliation, and reporting of card-related payments and settlements. You will support internal and external stakeholders with data requests and documentation.

Responsibilities include processing merchant and customer payments, reconciling card scheme settlements, preparing regulatory reports, and generating card scheme reports for Visa and Mastercard, while maintaining accurate ledgers

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• Experience in card operations, reconciliation, or financial reporting is an advantage.
• Proficient in Microsoft Excel with advanced formulas and Power Query.
• Strong analytical and problem-solving skills.
• Good communication and coordination abilities.
• Ability to work independently and meet deadlines.

Responsibilities

• Process merchant and customer payments and transactions; perform reconciliation and ledger entries.
• Manage settlement processes, card scheme billings, invoices, and reconciliations.
• Execute regulatory payments and ensure accurate reconciliation and ledger updates; prepare reports.
• Compile and prepare quarterly card scheme reports for Visa and Mastercard from internal data.
• Retrieve and fulfill merchant statement requests per SLAs.
• Support ad-hoc tasks or projects as required.

Skills

Excel advanced

Card operations

Data reporting

Analytical skills

Communication

Power Query

Education

Bachelor's degree in Finance

Tools

Power Query

Job description

Company: 2201 United Overseas Bank (Malaysia) Bhd

About UOB United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.

Job Description

The Payment & Settlement Officer is responsible for ensuring accurate and timely processing, reconciliation, and reporting of card-related transactions, settlements, and regulatory payments, while supporting internal and external stakeholders with data and documentation requests.

Key Responsibilities

• Transaction Processing & Reconciliation Process merchant and customer payments and transactions. Perform reconciliation and maintain general ledger entries for all card-related transactions.
• Card Scheme Settlement Manage settlement processes, billings and invoices from card schemes. Reconcile card scheme transactions, billings, invoices and update relevant general ledgers.
• Regulatory Payments & Reporting Execute payments to regulatory bodies and ensure accurate reconciliation and ledger updates. Prepare and submit regulatory reports in compliance with relevant guidelines.
• Card Scheme Reporting Compile and prepare quarterly reports for Visa and Mastercard using data from various internal sources and departments. Ensure timely and accurate submission of card scheme reports.
• Statement Fulfilment Retrieve and fulfill merchant statement requests as per service level agreements.
• Ad-hoc Assignments Support any additional tasks or projects as required.

Job Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Experience in card operations, reconciliation, or financial reporting is an advantage.
• Proficient in Microsoft Excel, including advanced use of formulas, functions and Power Query.
• Strong analytical and problem-solving skills.
• Good communication and coordination skills.
• Ability to work independently, manage multiple tasks and meet tight deadlines.

Additional Requirements

Be a Part of the UOB Family: UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

UOB is rated as one of the world's top banks, ranked 'Aa1' by Moody's Investors Service and 'AA-' by both S&P Global and Fitch Ratings. With a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and offices throughout the region.