Are you experienced in card transaction processing and settlement? Stanbic IBTC Bank is seeking a detail-oriented and proactive individual to join their team as an Officer, Card Settlement. This is an excellent opportunity to be part of a leading financial institution in Nigeria.

About Stanbic IBTC Bank

Stanbic IBTC Bank is a member of the Standard Bank Group, Africa’s largest banking group by assets. With a strong presence in Nigeria, the bank offers a wide range of financial services, including retail and corporate banking, investment banking, and wealth management. Stanbic IBTC Bank is committed to providing innovative financial solutions and exceptional customer service.

Job Title: Officer, Card Settlement

Location: Walter Carrington Crescent, Lagos
Job Type: Full-time
Business Segment: Group Functions

Key Responsibilities

  • Card Transaction Settlement: Ensure timely settlement of all Visa and POS transactions.

  • General Ledger Management: Post customer transactions into appropriate General Ledger (GL) accounts.

  • Balance Reconciliation: Balance incoming and outgoing files daily to ensure accuracy.

  • Merchant Transactions: Ensure merchant transactions are posted into appropriate GL accounts.

  • Financial Entries: Apply entries to relevant expense or revenue accounts daily.

  • Data Management: Ensure all necessary files are dropped into the Data Store on a daily basis.

Qualifications and Experience

  • Education: First Degree (BSc) in Science or Social Science field.

  • Experience: 2-3 years of experience in card transaction authorization, clearing, and settlement processes is advantageous.

  • Knowledge: Comprehensive understanding of banking transaction processes relevant to products and services offered to customers.

Skills and Competencies

  • Technical Competencies:

    • Continuous Improvement

    • Data Analysis

    • Risk Management

    • Supplier Relationship Management

  • Behavioural Competencies:

    • Articulating Information

    • Resolving Conflict

    • Coping with Pressure

    • Upholding Standards

    • Making Decisions

How to Apply

Interested and qualified candidates should apply through the official Stanbic IBTC Bank recruitment portal: https://www.standardbank.com/sbg/standard-bank-group/careers/apply/jobs/view-all-jobs/job-detail?jobID=744000061684362

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