Team Member, Card Reconciliation & Settlement
2025-05-20T18:01:42+00:00
United Bank for Africa (Z) Ltd ( UBA )
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https://www.ubazambia.com/
FULL_TIME
Lusaka
Lusaka
10101
Zambia
Banking
Management
2025-05-29T17:00:00+00:00
Zambia
8
Job Description
Ensure a profitable card business through timely reconciliation of cards payments accounts and resolution of open items involving cards transactions
Reporting Relationships:
Functionally reports to Team Lead, Card Operations
Role and Responsibilities
- Perform daily/monthly reconciliation and settlements for Visa/MasterCard credit cards transactions.
- Ensure that Cards Transactions are settled within 24 hours in line with SLA with the business units
- Ensure the integrity of settlement billings
- Investigate and process credit cards chargebacks
- Ensure daily call over of uploads into cards payment accounts for completeness and accuracy
- Ensure daily reconciliation of cards payment accounts for risk assessment
- Ensure daily proof of cards payments GL accounts
- Drive resolution of open items in cards settlement accounts in accordance with the bank’s zero tolerance policy
- Liaison with other units and transaction owners with a view to clearing open items
- Any other function that may be assigned to you from time to time.
Key Performance Indicators (KPIs)
- Timeliness of E Banking transactions settlement in line with SLA
- Compliance with bank’s approved operational risk policies and procedures evidenced by audit rating
- Effectiveness in handling open items in cards payment accounts as measured by no. of items in excess of agreed lifespan.
- Timeliness and quality of reconciliation and proof of accounts reports
Key Competency Requirements
Knowledge:
- Good knowledge and understanding of banking operations
- Knowledge of Card Relevant accounting activities related to Cards Accounting entries on Visa/ MasterCard, Other banks, Head Office etc. related transaction
- Knowledge in Chargeback activities
Key Skills:
- Communication skills: Excellent written and oral communication skills
- Reasoning Skills: Excellent analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions.
- Computer Skills
- Problem solving skills.
Job Requirements
Education Requirements
- A minimum of a credit in first degree: Business, Finance & Banking or Accounting or any other related field
- Full Grade Twelve School Certificate with five (5) Credits including English and Mathematics
- ZAQA verified certificates
Experience
Minimum requisite experience – 2 years’ relevant experience in relevant areas
- Banking Operations
- Card Settlement & Reconciliation
- Accounting reconciliation activities
Functionally reports to Team Lead, Card Operations Role and Responsibilities Perform daily/monthly reconciliation and settlements for Visa/MasterCard credit cards transactions. Ensure that Cards Transactions are settled within 24 hours in line with SLA with the business units Ensure the integrity of settlement billings Investigate and process credit cards chargebacks Ensure daily call over of uploads into cards payment accounts for completeness and accuracy Ensure daily reconciliation of cards payment accounts for risk assessment Ensure daily proof of cards payments GL accounts Drive resolution of open items in cards settlement accounts in accordance with the bank’s zero tolerance policy Liaison with other units and transaction owners with a view to clearing open items Any other function that may be assigned to you from time to time. Key Performance Indicators (KPIs) Timeliness of E Banking transactions settlement in line with SLA Compliance with bank’s approved operational risk policies and procedures evidenced by audit rating Effectiveness in handling open items in cards payment accounts as measured by no. of items in excess of agreed lifespan. Timeliness and quality of reconciliation and proof of accounts reports
Communication skills: Excellent written and oral communication skills Reasoning Skills: Excellent analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions. Computer Skills Problem solving skills.
Job Requirements Education Requirements A minimum of a credit in first degree: Business, Finance & Banking or Accounting or any other related field Full Grade Twelve School Certificate with five (5) Credits including English and Mathematics ZAQA verified certificates Experience Minimum requisite experience – 2 years’ relevant experience in relevant areas Banking Operations Card Settlement & Reconciliation Accounting reconciliation activities
JOB-682cc38658fc6
Vacancy title:
Team Member, Card Reconciliation & Settlement
[Type: FULL_TIME, Industry: Banking, Category: Management]
Jobs at:
United Bank for Africa (Z) Ltd ( UBA )
Deadline of this Job:
Thursday, May 29 2025
Duty Station:
Lusaka | Lusaka | Zambia
Summary
Date Posted: Tuesday, May 20 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Job Description
Ensure a profitable card business through timely reconciliation of cards payments accounts and resolution of open items involving cards transactions
Reporting Relationships:
Functionally reports to Team Lead, Card Operations
Role and Responsibilities
- Perform daily/monthly reconciliation and settlements for Visa/MasterCard credit cards transactions.
- Ensure that Cards Transactions are settled within 24 hours in line with SLA with the business units
- Ensure the integrity of settlement billings
- Investigate and process credit cards chargebacks
- Ensure daily call over of uploads into cards payment accounts for completeness and accuracy
- Ensure daily reconciliation of cards payment accounts for risk assessment
- Ensure daily proof of cards payments GL accounts
- Drive resolution of open items in cards settlement accounts in accordance with the bank’s zero tolerance policy
- Liaison with other units and transaction owners with a view to clearing open items
- Any other function that may be assigned to you from time to time.
Key Performance Indicators (KPIs)
- Timeliness of E Banking transactions settlement in line with SLA
- Compliance with bank’s approved operational risk policies and procedures evidenced by audit rating
- Effectiveness in handling open items in cards payment accounts as measured by no. of items in excess of agreed lifespan.
- Timeliness and quality of reconciliation and proof of accounts reports
Key Competency Requirements
Knowledge:
- Good knowledge and understanding of banking operations
- Knowledge of Card Relevant accounting activities related to Cards Accounting entries on Visa/ MasterCard, Other banks, Head Office etc. related transaction
- Knowledge in Chargeback activities
Key Skills:
- Communication skills: Excellent written and oral communication skills
- Reasoning Skills: Excellent analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions.
- Computer Skills
- Problem solving skills.
Job Requirements
Education Requirements
- A minimum of a credit in first degree: Business, Finance & Banking or Accounting or any other related field
- Full Grade Twelve School Certificate with five (5) Credits including English and Mathematics
- ZAQA verified certificates
Experience
Minimum requisite experience – 2 years’ relevant experience in relevant areas
- Banking Operations
- Card Settlement & Reconciliation
- Accounting reconciliation activities
Work Hours: 8
Experience in Months: 24
Level of Education: bachelor degree
Job application procedure
Interested in applying for this job? Click here to submit your application now.
- United Bank for Africa is an equal opportunity employer. Interested candidates that meet the above job requirements should send their application in a single document comprising of detailed Curriculum Vitae, G12, Degree and other copies of professional qualifications by 29th May,2025.
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