Manager, Settlement Operations

Mastercard; Santa Fe (NM); On-site; USD 90,000 - 150,000; Full time

Job summary

Mastercard seeks a Manager, Settlement Operations to oversee daily settlement processing and reconciliation for the Mexico Clearinghouse. You will work with the Arcus unit and support customer support on settlement issues in a fast-paced, cross-functional environment.

The role requires analytical, detail-oriented work and the ability to manage multiple priorities while collaborating with Technology and business partners to ensure timely settlement and regulatory compliance.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or MIS.
• MBA is a plus, but not required.
• Knowledge of the card payments industry, banking back office payment operations, and SPEI local payments gained through 6 to 8 years of experience.
• Strong knowledge of accounting principles, treasury operations, and the payment operations industry.
• Proven ability to analyze problems and offer solutions.
• Ability to manage multiple projects and work effectively with cross-functional partners.
• Must be self-motivated and a good team player.
• Excellent oral, written, and presentation communication skills.

Responsibilities

• Identify reconciliation issues related to Mexico Clearinghouse submissions and consult with Technology teams to mitigate impact.
• Ensure regulatory obligations are met related to funding local Clearinghouses daily and consult on new regulations and requirements.
• Provide direct support to team as needed to assist with daily operations, including providing backup coverage of key functions.
• Assist with Settlement Operations to troubleshoot, communicate and resolve settlement issues in a timely manner.
• Liaise with customer facing teams to action complex settlement issues.
• Working with external customers and internal business partners to advise on the settlement set ups.

Skills

Analytical thinking

Problem solving

Cross-functional collaboration

Communication skills

Education

Bachelor's degree in Accounting, Finance, Business, or MIS

MBA

Job description

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build asustainableeconomy where everyone can prosper. We support a wide range of digital payments choices, making transactionssecure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Manager, Settlement Operations Overview: The Manager, Settlement Operations will be responsible for managing daily settlement processing and reconciliation related to the Mexico Clearinghouse process. With oversight to processes driven from Arcus business unit and assist customer support with settlement issues within the market. The position requires a highly motivated, analytical, detail-oriented individual who can support multiple priorities and works well with cross-functional teams.

Role: Identify reconciliation issues related to Mexico Clearinghouse submissions and consult with Technology teams to mitigate impact.

• Ensure regulatory obligations are met related to funding local Clearinghouses daily and consult on new regulations and requirements.
• Provide direct support to team as needed to assist with daily operations, including providing backup coverage of key functions.
• Assist with Settlement Operations to troubleshoot, communicate and resolve settlement issues in a timely manner.
• Liaise with customer facing teams to action complex settlement issues.
• Working with external customers and internal business partners to advise on the settlement set ups.

All About You

• Bachelor’s Degree in Accounting, Finance, Business, or Management Information Systems or equivalent combination of training and experience.
• MBA a plus, but not required.
• Knowledge of the card payments industry, banking back office payment operations, and SPEI local payments gained through 6 to 8 years of experience.
• Strong knowledge of accounting principles, treasury operations, and the payment operations industry.
• Proven ability to analyze problems and offer solutions.
• Ability to manage multiple projects and work effectively with cross-functional partners.
• Must be self-motivated and a good team player.
• Excellent oral, written, and presentation communication skills.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

• Abide by Mastercard’s security policies and practices.
• Ensure the confidentiality and integrity of the information being accessed.
• Report any suspected information security violation or breach, and
• Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.