FinTech Settlement & Recovery Analyst

Fortis Payment Systems LLC; Plano (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

Fortis Payment Systems LLC is seeking a Settlement Reconciliation and Recovery Analyst to maintain the accuracy of settlement activity, merchant funding, and ledger balances. The role involves daily and monthly reconciliations, investigation of exceptions, and driving recovery of funds from delinquent balances.

You will work with card networks, payment processors, and merchant services systems to ensure precise settlements and data integrity, supporting audits and process improvements in a

Qualifications

• Bachelor’s degree in finance, Accounting, Economics, or related field or equivalent experience.
• 3+ years of experience in payments, reconciliation, settlement operations, or financial analysis.
• Excellent analytical, problem-solving, and organizational skills.
• Strong communication skills with the ability to collaborate across departments.

Responsibilities

• Perform daily, weekly, and monthly reconciliation of transaction and settlement data across multiple payment platforms.
• Investigate and resolve discrepancies related to funding, chargebacks, fees, and settlement timing.
• Ensure accuracy and completeness of Journal Entries in accordance with internal controls and policies.
• Monitor recovery queues and reports to identify delinquent, rejected, or unbillable merchant balances and take timely action to prevent further loss.
• Coordinate recovery efforts with merchants and partners through phone and email, including balance validation, payment requests, payment arrangements, and follow up through resolution.
• Maintain daily reserve summaries and financial loss balances for merchants assigned to the recovery queue.
• Reconcile recovery entries to merchant records, internal ledgers, and bank activity.
• Compile supporting documentation and refer eligible balances to an external collection agency or other escalation channel.

Skills

Analytical thinking

Attention to detail

Problem solving

Cross-functional collaboration

Communication skills

Adaptability

Proactive problem-solving

Education

Bachelor’s degree in finance, Accounting, Economics, or related field

3+ years of experience in payments, reconciliation, settlement operations, or financial analysis

Tools

NetSuite

Reconciliation tools

IQ

Access One

Client Line

Data analytics tools

Fiserv

FIS

Job description

Fortis Payment Systems LLC is seeking a Settlement Reconciliation and Recovery Analyst to maintain the accuracy of settlement activity, merchant funding, and ledger balances. The role involves daily and monthly reconciliations, investigation of exceptions, and driving recovery of funds from delinquent balances.

You will work with card networks, payment processors, and merchant services systems to ensure precise settlements and data integrity, supporting audits and process improvements in a