Founded to transform retail finance, Ajaib Group is an Indonesian fintech unicorn breaking barriers to financial access. Having recently secured a $270M Series C—the single largest funding round in Southeast Asia over the past four years—we are backed by premier global investors including Y Combinator, Ribbit Capital, SoftBank, and SBI Holdings.
To build world-class products, we assemble world-class talent. Supported by our fully remote work arrangement, our team spans Eastern Europe, the Middle East, India, and Southeast Asia, allowing you to work with brilliant engineers and builders from around the globe from wherever you are. We operate with an impact-driven purpose where everyone is the owner of our customers' satisfaction. Driven by a growth mindset and a fierce will to win, we refuse to settle and constantly push engineering boundaries.
Role Overview
As a Settlement Operations at Ajaib, you will be responsible for managing daily transaction flows and settlement activities, ensuring transactions are processed accurately and efficiently. You will handle real-time reconciliation, settlement processing, and transaction monitoring, while working closely with internal teams and relevant stakeholders to identify and resolve discrepancies and ensure smooth end-to-end settlement operations.
Responsibilities
- Manage daily transaction flows and settlement processes, ensuring transactions are processed accurately and within the required timelines
- Perform real-time reconciliation of transactions and settlement records
- Monitor transaction status and follow up on any failed, pending, or unmatched transactions
- Investigate and resolve reconciliation discrepancies and settlement exceptions
- Maintain accurate transaction and settlement records and documentation
- Coordinate with relevant internal teams and external parties to resolve operational issues
- Support the improvement of settlement and reconciliation processes to improve operational efficiency and accuracy
- Ensure all activities are performed in accordance with internal procedures, controls, and applicable regulations
Requirements
- Bachelor's degree in Finance, Accounting, Economics, Business, or a related field
- 1–3 years of experience in settlement operations, transaction operations, finance operations, reconciliation, or a related field
- Good understanding of transaction processing, reconciliation, and settlement processes
- Strong attention to detail and ability to identify and investigate discrepancies
- Proficient in Microsoft Excel or Google Sheets
- Strong analytical and problem-solving skills
- Good communication and coordination skills, with the ability to work cross-functionally
- Ability to work in a fast-paced, detail-oriented environment and manage time-sensitive transactions
- Experience in fintech, banking, brokerage, or financial services is a plus
Benefits
- Performance Bonus - Get rewarded for the impact you make
- Private Insurance - Comprehensive health coverage for you
- Paid Time Off - Take the time you need to recharge and come back stronger
- Learning & Development - Company-sponsored training, courses, and professional certifications
- Hybrid Work Arrangement - Enjoy the flexibility of working both remotely and from the office
- Career Growth - Work closely with experienced leaders and take on meaningful ownership as we scale
- Employee Perks - Enjoy exclusive discounts, partnerships, and lifestyle perks
- Collaborative & High-Ownership Culture - Work with smart, driven people in cross-functional teams, take ownership, and make a meaningful impact for our users
Skills Required
- Bachelor's degree in Finance, Accounting, Economics, Business, or a related field
- 1-3 years of experience in settlement operations, transaction operations, finance operations, reconciliation, or a related field
- Understanding of transaction processing, reconciliation, and settlement processes
- Strong attention to detail and ability to identify and investigate discrepancies
- Proficiency in Microsoft Excel or Google Sheets
- Strong analytical and problem-solving skills
- Good communication and cross-functional coordination skills
- Ability to work in a fast-paced, detail-oriented environment and manage time-sensitive transactions
- Experience in fintech, banking, brokerage, or financial services
What We Do
Founded in 2019, Ajaib is a rapidly growing investment platform in Indonesia. It offers financial technology services such as stock trading, mutual funds, and coins. The simplicity of investing through Ajaib inspired our name, which means "magic," as we aim to disrupt the financial industry magically. Our goal is to make stock trading accessible to millennials with our mobile-first approach, low fees, and user-friendly interface. Ajaib has become Indonesia's first fully online stock brokerage, with no offline brokers or branches. Trusted by over 3 million customers, we are the fastest-growing investment startup in Southeast Asia. Backed by top investors like DST Global, Horizons Ventures, and Alpha JWC Ventures, we proudly became Indonesia's first investment fintech unicorn.
