Officer Reconciliation / Settlement  
U Microfinance Bank   More jobs from this company

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Job Title:   Officer Reconciliation / Settlement
Category:   Accounts
Total Positions:   1
Job Location:   Islamabad
Gender:   No Preference
Minimum Education:   Bachelors
Degree Title:   Bachelor's, Master's, or equivalent from an HEC recognized institution.
Career Level:   Experienced Professional
Minimum Experience:   3 Years4 Years
Apply By:   Aug 21, 2025
     
     
 
Job Description:

Purpose of Job;

Ensure Reconciliation/ Settlements of ADC transactions are done on time.

Job Responsibilities;

  • Reconciling of banks SWITCH account with 1-LINK and CUPS on daily basis.
  • Preparation on CUPS Reconciliation and highlighting the disputed transactions to be settled.
  • Supervision Debit Card Transactions (Chargebacks), IBFT’s, and POS transactions of our customers with 1Link, VRG & CUPS member banks.
  • Preparing Master Card reconciliation and forwarding the unsettled transactions to DRU for settlement.
  • Pay Pak reconciliation and getting the disputed transactions settled.
  • Perform UAT related to ADC.
  • Reconciliation should be done on time and should be reported to finance team for settlement.
  • Lodging the disputes on CDRS and getting the chargebacks approved for settlement.
  • Master Card refunds settlement and disputes resolution within TAT.
  • Keeping Master Card, CUPS, Pay pak MIS updated for reporting purposes.
  • Reporting to the concern body on time with complete and verified information should be shared..

PEOPLE MANAGEMENT;

  • Good coordination with his team and addressing the team-related issues.
  • Good coordination with his pears and Line Manager.
  • Work collaboratively with departments internally and management.

Technical Competency;

  • Proficient at using MS excel and word.
  • Proven problem solving and investigative skills
  • Ability to perform under pressure and accept varied responsibilities.

Soft Skills;

  • Good Communication Skills.
  • Constructive communication and organization skills
  • Effective team interaction

Qualification & Experience;

  • Bachelors ,Masters or equivalent from an HEC recognized Institution.
  • Must have experience Of Raast 

Company Information
 
Company Name:  U Microfinance Bank
Company Description:
U Microfinance Bank Limited (Formerly known as Rozgar Microfinance bank Ltd.) was incorporated as public ltd. Company On 29th of October 2003 under Company Ordinance 1984. It was the 4th microfinance bank, licensed by State Bank of Pakistan under Microfinance Institutions Ordinance 2001. Initially, Rozgar, MicrofinanceBank Limited was a district wide microfinance Bank (MFB) operating in Karachi district. In August, 2012,Pakistan Telecommunication Company Limited (PTCL) has acquired 100% shareholding of Rozgar Microfinance Bank Limited, after fulfilling required regulatory requirements and change in name from Rozgar Microfinance bank Ltd. To U Microfinance bank Ltd, it was awarded 14thlicenseto operate at national level.

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