MasterCard Experienced Professional, Settlement Operations in O'Fallon, Missouri
Who is MasterCard?
We are the global technology company behind the worlds fastest payments processing network. We are a vehicle for commerce, a connection to financial systems for the previously excluded, a technology innovation lab, and the home of Priceless ®. We ensure every employee has the opportunity to be a part of something bigger and to change lives. We believe as our company grows, so should you. We believe in connecting everyone to endless, priceless possibilities.
Experienced Professional, Settlement Operations
Provides settlement position management, settlement advisement, and funds transfer solutions for customers utilizing MasterCards financial clearing and settlement systems. Supports settlement of financial transactions processed by MasterCard internal systems and provides services for settlement customer account receivables generated by the MasterCard Billing System. Manages settlement solutions for all MasterCard regions, facilitating domestic and cross-border funds transfers via various small and large value (e.g., ACH, TARGET, Fedwire, SWIFT) funds transfer systems.
Execute the daily settlement operation process for all service cut-offs
Manage settlement collection of customer receivables and payables processing.
Complete monthly billing reviews and daily settlement forecast analysis.
Serve as subject matter expert for Operational issues and demonstrate ability to identify areas for enhancement/process improvement.
Ensure processing compliance with established internal and external standards.
Respond to Settlement customer inquiries and Help Desk needs
Support project management functions by gathering key data, preparing monthly metrics for management reporting, and ensuring compliance with established management procedures.
Research special topics and develop reporting as assigned.
All About You:
College Degree Business Admin or Finance
Solid working knowledge of desk top computer software systems, preferred
Basic knowledge of accounting principles, treasury operations, and the payment industry, preferred
Knowledge of payment card industry is a plus
Ability to work as a team member
Strong verbal and written communication skills
Demonstrate strong analytical reasoning and methodical approach in problem resolution
Ability to meet expectations within time constraints
Direct supervision with some independent work
Working hours 8am to 5pm Monday-Friday
Flexibility; including some US holidays and weekend shifts as needed
Equal Opportunity Employer
Requisition ID: R-42303