Reconciliation and Settlement Executive

Published date: 2024/01/10
  • Location: India
About Us:

The world needs a superpower that revolutionizes digital banking for small businesses and financial institutions! That’s why we built Open - a digital banking enterprise that builds industry-defining banking products for businesses, startups, freelancers, financial institutions and more.

We have already built several powerful forces like Open Money - the world’s fastest growing SME neobanking platform, Zwitch - Asia’s first-ever no-code embedded finance platform, and BankingStack a modern cloud-native digital baking OS.

Open has been awarded the ‘Most Innovative Neo bank’ & ‘Most Innovative Digital Bank’ at India Fintech Awards 2021 & Internet and Mobile Association of India (IAMAI) respectively. But this is just the beginning of a paradigm shift we are about to forge in the world of banking. On 3rd May 2022, Open became the 100th Unicorn of India.

Open is currently home to some of the smartest & brightest 500+ minds in the fintech space. We’re a Series D funded startup backed by leading international funds like Temasek, Google, Tiger Global, IIFL Finance Ltd., SBI Holdings Japan, 3one4 Capital, Speed Invest, Beenext, Tanglin Venture Partner Advisors & Angellist to name a few.

To build and strengthen this superpower, we’re on the lookout for some extraordinary folks. Are you up for this challenge?

We are hiring for

Reconciliation and Settlement Executive

1-3 years | Bangalore Office

What will you do

● End to end processing of Daily PG Settlement

● End to end PG reconciliation

● Closely working with internal departments to resolve settlement and reconciliation related issues.

● Handling Bank Audits related to Nodal accounts.

● Working closely with other teams, such as Customer Support, to better address settlement related inquiries of end-users

● Handling calls with banks, payment partners whenever required.

● Knowledge in payment gateway will added as an advantage

● Processing of refund requests

Required Skills

● Bachelor’s degree or higher, preferably in business, commerce, finance, or related discipline

● Exp in settlement and PG reconciliation

● Basic understanding about the PG transactions and various statuses.

● Good knowledge in excel and preparation of reports.

● Exp in handling Bank Audits would be an added advantage

● Excellent communication skills, written and verbal, in English. Hindi would be an added advantage

● Flexibility to work on all shifts

● Good analytical skills (MS office- Excel, word, Presentation)

● Results and Time Focused: You can prioritize, organize, and make sure activities are getting completed on time basis with best results

● Passionate and Dynamic: - You are ambitious towards challenges and have strong passion on learning new things are getting update yourself

● A team player: Work closely with other internal teams and bring the best out of your
Company Name: Open Financial Technologies

Apply

1 page views

Related listings

  • Branch Relationship Manager Branch Banking
    Bank
    Bank
    AU Small Finance Bank Limited (AU Bank) is a scheduled commercial bank and a Fortune India 500 Company. With 25 years legacy of being a retail focused and customer centric institution, the company started its banking operation in April 2017. In 3 yea...
    2026/11/09
  • Sr.Relationship manager- Branch Banking
    Bank
    Bank
    Developing and maintaining banking relationships with a select group of high net worth • customers through individualized customer service. • Post Graduate : 2 -8 years of experience • Customer orientation • ÂHigh energy levels with a motive to succe...
    2026/11/09
  • Central Bank of India Recruitment 2023 Deputy General...
    Bank
    Bank
    Central Bank of India Recruitment 2023 Apply Online @centralbankofindia.co.in. Candidates can check the latest Central Bank of India Recruitment 2023 Deputy General Manager Vacancy 2023 details and apply online at centralbankofindia.co.in recruitment...
    2026/11/09