Issuing Settlement & Reconciliation Analyst

Posted Yesterday
Be an Early Applicant
2 Locations
In-Office or Remote
Mid level
Fintech • Information Technology • Software • Financial Services
The Role
Perform daily reconciliation and settlement of card issuing transactions, process scheme settlement files (Visa, Mastercard, MADA), investigate and resolve breaks and discrepancies, prepare settlement reports and accounting entries, coordinate with banks/schemes/processors, monitor chargebacks and fees, ensure compliance, and support automation and process improvements.
Summary Generated by Built In

About Us:
Network International is the largest Financial Technology company in Middle East and Africa. Payments is our core business where we provide services in more than 50 countries – UAE, Jordan, South Africa, Egypt are some of our key markets. Apart from payments, we provide services on Data and Insights, Lending, Insurance, Risk Solutions, etc. Our core customers are businesses at every scale and segment, though recently we are growing in direct to consumer card segment as well.
Our EVP's:
At Network International, we always stay ahead. . In the fast-paced world of financial services, we thrive on innovation, agility, and purposeful collaboration. We invest  first in our people, empowering you to make bold decisions, learn fast, and grow your expertise alongside industry leaders. Here, solving complex problems means more than using cutting-edge technology; it’s about creating meaningful value for our customers, together. We foster a culture where trust, accountability, and achievement go hand in hand—because success isn’t just a goal; it’s how we work, every day, as one team.
Job Description:
 

Responsible for performing daily reconciliation and settlement activities for card issuing transactions, ensuring accurate processing, timely resolution of discrepancies, and compliance with operational procedures, scheme regulations, and internal controls.
 

Responsibilities:
 

    • Perform daily reconciliation of card transactions across issuing systems, networks, and bank accounts.
    • Monitor and process settlement files received from card schemes (Visa, Mastercard, MADA, etc.).
    • Investigate and resolve reconciliation breaks, outstanding items, and settlement discrepancies within agreed SLAs.
    • Prepare and validate settlement reports, accounting entries, and management information reports.
    • Coordinate with internal teams, banks, card schemes, and processors for issue resolution.
    • Monitor chargebacks, adjustments, fees, and scheme-related settlements.
    • Ensure compliance with operational procedures, audit requirements, and regulatory standards.
    • Support automation initiatives, process improvements, and system enhancements related to reconciliation and settlement operations.

Required Skills:

  • 3 years of experience in Reconciliation and settlement activities.
  • Experience in payment industry. 
  • Knowledge of card issuing, reconciliation, and settlement processes.
  • Understanding of Visa, Mastercard, and local payment scheme settlement cycles.
  • Strong analytical and problem-solving skills.
  • Proficiency in Excel and reconciliation tools.
  • Attention to detail and ability to meet strict deadlines.

Network International is an equal opportunity employer. We welcome and encourage applications from candidates of all backgrounds, nationalities, and experience levels. We are committed to creating an inclusive workplace where innovation, diversity, and performance thrive.
 

Skills Required

  • 3 years of experience in reconciliation and settlement activities.
  • Experience in the payment industry.
  • Knowledge of card issuing, reconciliation, and settlement processes.
  • Understanding of Visa, Mastercard, and local payment scheme settlement cycles.
  • Strong analytical and problem-solving skills.
  • Proficiency in Excel and reconciliation tools.
  • Attention to detail and ability to meet strict deadlines.

Network International Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Network International and has not been reviewed or approved by Network International.

  • Strong & Reliable Incentives Pay is considered decent in some roles and is often paired with bonuses. Phrases like 'salary plus bonuses' indicate variable pay is a meaningful component for certain positions.
  • Healthcare Strength Medical coverage extends to employees, spouses, and up to three children, alongside life insurance. This breadth signals a robust healthcare baseline for the region.
  • Retirement Support Retirement and termination benefits align with UAE/GCC norms, including pension contributions for nationals and end‑of‑service gratuity for expatriates. Such provisions indicate structured, region‑appropriate retirement support.

Network International Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Dubai, Dubai
3,483 Employees
Year Founded: 1994

What We Do

Over the past 30 years, we have built a business based on long-standing and trusted relationships with many of the leading merchants, financial institutions and payment networks operating in the Middle East and Africa. Such relationships are based on our comprehensive capabilities, scale, local presence in the multiple markets in which we operate, alongside our trusted reputation. This gives us significant scale and leadership in the region, where we operate in more than 50 countries, serve over 130,000 merchants and 250 financial institutions and fintech customers, whilst managing more than 16 million customer credentials. We have a diversified business model and operate across the entire consumer payments value chain. We do this with a growth-focused strategy through two business lines: • That enables our merchant customers to ‘take payments’, by providing them with various payment acceptance methods, both online and offline. • Which supports our financial institution, fintech and other payment issuing institution customers in enabling consumers ‘make payments’, by managing and processing their consumer payment credentials and transactions.

Similar Jobs

In-Office or Remote
2 Locations
8275 Employees

Capco Logo Capco

Data Engineer

Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
Remote or Hybrid
10 Locations
6000 Employees

CrowdStrike Logo CrowdStrike

Consultant

Cloud • Computer Vision • Information Technology • Sales • Security • Cybersecurity
Remote or Hybrid
Saudi Arabia
11000 Employees

Capco Logo Capco

Information Technology Business Analyst

Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
Remote or Hybrid
10 Locations
6000 Employees

Similar Companies Hiring

Golden Pet Brands Thumbnail
Digital Media • eCommerce • Information Technology • Marketing Tech • Pet • Retail • Social Media
El Segundo, California
178 Employees
Kepler  Thumbnail
Fintech • Software
New York, New York
6 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account