Clearing and Settlement Specialist

Embedded Shishya; United States; Hybrid; USD 90,000 - 150,000; Full time

Benefits offered by this job

Competitive salary and benefits

Flexible work arrangements

Continuous learning and development

Job summary

COLIBRIX ONE seeks a skilled payments operations specialist to optimize liquidity and settlement processes. You will monitor nostro balances, execute currency conversions, and oversee card clearing and settlement activities across multiple payment rails.

The role requires meticulous reconciliation, strong problem-solving skills, and experience in fintech or banking operations. Flexible work arrangements are offered to support work-life balance.

Qualifications

• Experience in banking, fintech, or payment operations.
• Strong reconciliation and data analysis skills.
• Proficiency with Excel and data handling for transactional data.

Responsibilities

• Liquidity transfers: manage and monitor liquidity transfers between nostro accounts.
• Nostro account management: daily reconciliation of balances and transactions.
• Currency conversions: execute FX conversions on nostro accounts as needed.
• Visa/Mastercard clearing & settlement: monitor and validate settlements.
• Daily reconciliation of payment, settlement, and bank activity.
• Investigate operational discrepancies and coordinate resolution with banks and providers.
• Follow internal controls, cut-off times, and escalation processes.

Skills

Banking operations

Liquidity management

Reconciliation investigations

Attention to detail

Excel proficiency

Tools

SWIFT

SEPA

Visa/Mastercard clearing

Job description

At COLIBRIX ONE*, we're building advanced, AI-powered payment technologies that support Payment Service Providers (PSPs), Electronic Money Institutions (EMIs), and neobanks across the EU and the UK. As a fully licensed Electronic Money Institution (FCA Reference No. 927920) and holder of a Financial Institution Licence issued by the MFSA, as well as a principal member of both VISA and Mastercard, we provide comprehensive, real-world financial solutions that include:

• Global card processing
• Digital wallet infrastructure
• Cross-border merchant accounts
• Alternative payment methods (APMs)
• Corporate accounts for legal entities

We're a fast-growing team with a passion for innovation, security, and scalability. Our culture values curiosity, collaboration, and impact - and we're looking for talented professionals who are ready to shape the future of fintech.

At COLIBRIX ONE, your work directly powers the digital economy. If you're eager to solve meaningful challenges and build with purpose, we'd love to hear from you.

Key Responsibilities

• Liquidity Transfers: Manage and monitor liquidity transfers between nostro accounts to maintain sufficient balances for daily payment and settlement obligations.
• Nostro Account Management: Daily reconciliation nostro account balances and transactions, investigate and resolve discrepancies.
• Currency Conversions: Execute and monitor FX/currency conversions on nostro accounts based on operational liquidity and settlement requirements.
• Visa/Mastercard Clearing & Settlement: Monitor card-scheme clearing and settlement processes, validate settlement amounts, ensure sufficient funding, and investigate reconciliation or settlement discrepancies.
• Perform daily reconciliation of payment, settlement, and bank account activity.
• Investigate operational exceptions and payment discrepancies and coordinate their resolution with banks, payment providers, card schemes, and internal stakeholders.
• Follow internal controls, operational procedures, cut-off times, and escalation processes.

What You Need to Succeed in This Role:

• Previous experience in banking, fintech, payment operations, treasury operations, or financial operations
• Practical knowledge of SWIFT and SEPA payment processing
• Understanding of nostro accounts, correspondent banking, liquidity management, and FX operations
• Experience with or strong understanding of Visa/Mastercard clearing and settlement processes
• Experience with merchant settlement/repayment and reconciliation processes
• Strong reconciliation and transaction-investigation skills
• Good understanding of payment statuses, returns, rejects, settlement cycles, cut-off times, and operational controls
• Strong Excel/spreadsheet skills and ability to work with transaction and reconciliation data
• High level of accuracy and attention to detail when working with financial transactions
• Ability to identify, investigate, elevate, and follow operational issues through to resolution

What We Offer:

• Opportunity to shape the future of fintech solutions within a growing company
• Collaborative, horizontal team structure that values your expertise and ideas
• Continuous learning and development opportunities to enhance your skills and career growth
• Competitive salary and benefits package
• Flexible work arrangements to support work-life balance

* This position is offered within the COLIBRIX ONE. Employment will be under the appropriate legal entity based on the role and location.