Analyst, Settlement Operations

Artech Information System LLC; O’Fallon (MO); On-site; USD 50,000 - 70,000; Full time

Job summary

A leading information technology firm in the United States is seeking a qualified candidate to manage daily settlement operations and maintain financial logs. The position requires a college degree in Business Administration or Finance and 1-3 years of relevant experience with strong analytical and communication skills. Responsibilities include managing member payables and addressing settlement inquiries. Flexibility for US holidays and weekend shifts may be required.

Qualifications

• 1-3+ years working knowledge of desktop computer software systems preferred.
• Basic knowledge of accounting principles and treasury operations.
• Exposure to the payment industry is preferred.

Responsibilities

• Execute the daily settlement operation process for all service cut-offs.
• Manage the collection of member payables.
• Respond to Settlement inquiries and Help Desk questions.

Skills

Teamwork

Verbal communication

Written communication

Analytical reasoning

Time management

Education

College Degree – Business Admin or Finance

Tools

Desktop computer software systems

SWIFT

EFT

ACH operational practices

Job description

Job Description

• Execute the daily settlement operation process for all service cut-offs


• Manage the collection of member payables.


• Maintain required logs and analyze exception reports


• Reviews and maintains Net Settlement Information Form and establish wire transfer routing numbers


• Ensure processes remain within established internal and external standards


• Respond to Settlement inquiries and Help Desk questions


• Provide support to other functions within department on an as needed basis.


• Research special topics as assigned


• Develop reports as assigned

Qualifications

• College Degree – Business Admin or Finance


• 1-3 plus years working knowledge of desk top computer software systems, preferred


• Basic knowledge of accounting principles, treasury operations, and the payment industry, including exposure to SWIFT, EFT or ACH operational practices preferred


• Knowledge of payment card industry is a plus


• Ability to work as a team member


• Strong verbal and written communication skills


• Demonstrate strong analytical reasoning and methodical approach in problem resolution


• Ability to meet expectations within time constraints


• Direct supervision with some independent work


• Flexibility; including some US holidays and weekend shifts as needed