This is a remote position.
Utilising their decades of global card and data expertise, they simplify complex card network invoices and reporting, demystifies the jargon and identifies recoveries for bank’s finance and card payment teams and so much more.
Position Overview:
Our Client is seeking a highly skilled and experienced card professional to join their team as a Visa/MasterCard Payment Network Specialist. In this role, you will be responsible for optimizing their clients card payment interchange, and network billing. Your expertise in Visa and MasterCard billing, interchange, systems and services will be crucial in delivering exceptional service and value to their clients.
Requirements
Your daily adventures include:
- Analyze fees and costs paid by banks to the scheme networks (Visa and MasterCard)
- Identify errors and anomalies in scheme billing data.
- Card Interchange reviews (earned and paid)
- Identify and troubleshoot billing errors and discrepancies.
- Consult to our client banks and fintech clients on how to improve and optimize the services they utilizing from Visa and MasterCard and recommend improvements in a client’s payments environment to efficiently optimize their costs and reduce their network scheme (Visa and MasterCard) billings.
- Stay up to date with the latest industry trends, regulations, and billing standards related to Visa and MasterCard payments.
- Analyze card data, benchmarks and generate reports on payment performance, trends, and potential areas for improvement.
What it takes to succeed:
- Experience in card payments (worked at a bank, fintech or Visa and MasterCard)
- Experience in working or liasing and interacting with Visa and/or MasterCard and understand their services
and billing - Card Issuing and/or acquiring experience
- Understanding of Visa and/or MasterCard services and billing invoices
- Understanding of card interchange and how it is calculated.
- Understanding of authorisation, clearing and settlement of card transactions.
- Attention to detail
- Excellent knowledge of Excel, PowerBI or similar data tools is a plus
- Ability to work with data
- Bachelor's degree in finance, business, or a related field.
- Excellent analytical and problem-solving skills, with the ability to identify and resolve card-related issues
efficiently. - Strong attention to detail and accuracy in handling financial data and reconciliations.
- Effective communication skills, both verbal and written, to interact with internal teams, clients, and
external stakeholders. - Ability to work independently and prioritize tasks in a fast-paced environment.
- Up-to-date knowledge of the latest industry trends and developments in card payments and billing.