Settlement Processing Analyst Job in Pune at Trakstar

Trakstar is hiring for the role of Settlement Processing Analyst!

Responsibilities of the Candidate:

• Process and monitor daily settlements across all partner banks and payment channels.
• Ensure timely transaction confirmation, matching, and settlement.
• Investigate and resolve settlement discrepancies in coordination with banks, acquirers, and internal stakeholders.
• Coordinate with business, compliance, and custodial teams to ensure smooth and accurate settlements.
• Perform daily reconciliations between internal systems and acquiring partners.
• Monitor failed transactions and take corrective measures to minimize financial exposure and operational risk.
• Maintain accurate records of settlement and transaction activities for audit and compliance purposes.
• Support continuous process improvement, automation, and operational efficiency initiatives.
• Ensure strict adherence to internal controls, operational risk guidelines, and regulatory requirements (e.g., T+0 / T+1 settlement cycles, bank file settlements).

Requirements:

• Bachelor’s degree in Commerce, Finance, Business, or a related field.
• Minimum 1 year of experience in settlement operations or transaction processing.
• Familiarity with banking operations, payment systems, and financial instruments.
• Working knowledge of settlement and reconciliation systems.
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in MS Excel (pivot tables, VLOOKUP, etc.).
• Good communication and interpersonal skills.
• Ability to work under pressure in a fast-paced, deadline-driven environment.