Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Associate Analyst, Settlement Operations
Our Purpose
We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team - one that makes better decisions, drives innovation and delivers better business results.
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Title and Summary
Associate Analyst, Settlement Operations
Overview
As part of the Center of Excellence within the Global Treasury Department, you will provide the necessary day-to-day operational support to the teams performing the treasury, settlement and reconciliation activities, including timely and accurate processing of receivables and payables. You will get the opportunity to work closely with internal and external stakeholders. You will also have opportunity to identify and propose resolution of process gaps, escalate complex settlement issues and drive efficiencies. This role will be supporting all global customers but will be working closely with NAM/LAC clients.
Role
• Cooperating with team to execute daily/weekly/monthly treasury, settlement, and reconciliation activities
• Develop and maintain understanding of global settlement processes
• Participate in the training of treasury, settlement, and reconciliation activities to meet cross training and BCP requirements
• Assist with the successful onboarding of new customers and processes into the team where required
• Ensure processes are executed within internal and external standards
• Assist with the identification and implementation of process improvements to increase operational efficiencies where required
• Develop and maintain effective working relationships with internal and external customers
• Act as point of escalation for internal and external settlement and reconciliation queries.
• Develop and maintain thorough understanding of Mastercard systems
All About You
• Bachelor degree in Finance, Business, or Management Information Systems or equivalent combination of training and experience
• Demonstrated knowledge in settlement and reconciliation principles
• Experience responding to routine and complex inquiries in a complete and timely manner
• Knowledge of accounting principles, treasury operations and the payment operations industry
• Effective English verbal and written communication skills
• Strong team player
• Willing to learn and work in a flexible fast paced environment
• Experience with Microsoft Suite, at least intermediate Excel knowledge
• Excellent communication and interpersonal skills, with the ability to establish, develop and maintain effective working relationships with internal and external customers
• Solid analytical skills
• Ability to manage multiple tasks and work effectively with cross-functional partners
• Exposure to electronic banking systems and knowledge of the card payments industry are a plus
• Flexibility to work all global banking days including as needed weekend availability
Corporate Security Responsibility
Every person working for, or on behalf of, Mastercard is responsible for information security. All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and therefore, it is expected that the successful candidate for this position must:
• Abide by Mastercard's security policies and practices;
• Ensure the confidentiality and integrity of the information being accessed;
• Report any suspected information security violation or breach, and
• Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
- Abide by Mastercard's security policies and practices;
- Ensure the confidentiality and integrity of the information being accessed;
- Report any suspected information security violation or breach, and
- Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.