Financial Settlement Operations Lead

Raqami Islamic Digital Bank; Karachi Division; On-site; PKR 2,400,000 - 3,600,000; Full time

Job summary

Raqami Islamic Digital Bank in Karachi invites an experienced Assistant Manager – Financial Settlement to oversee daily settlement operations across banking products. You will ensure accurate processing, timely settlements, and strong compliance with regulatory requirements.

The role requires at least 4 years in banking, preferably in settlement, payments, reconciliations or related functions, with solid Excel skills and the ability to support audits and risk management.

Qualifications

• 4+ years in banking, preferably in settlement, payments, reconciliations, or related operations.
• Proficient in MS Excel and reporting tools.
• Strong awareness of risk, compliance, and audit processes.
• Analytical mindset with attention to detail.

Responsibilities

• Oversee end-to-end daily settlement activities across products and channels.
• Ensure accurate and timely settlements within SOPs.
• Monitor settlements and escalate exceptions per procedures.
• Maintain compliance with regulatory requirements and mitigate operational risks.
• Provide information and documentation for audits and regulatory reviews.

Skills

Financial settlement

Reconciliation

Financial reporting

Audit support

Risk management

MS Excel

Education

Bachelor’s or Master’s in Finance/Accounting/Business

Tools

MS Excel

Reporting tools

Job description

Raqami Islamic Digital Bank in Karachi invites an experienced Assistant Manager – Financial Settlement to oversee daily settlement operations across banking products. You will ensure accurate processing, timely settlements, and strong compliance with regulatory requirements.

The role requires at least 4 years in banking, preferably in settlement, payments, reconciliations or related functions, with solid Excel skills and the ability to support audits and risk management.