Lead a team of Manager and Analysts based in India in managing day-to-day settlement operations, ensuring timely and accurate execution of daily payments.
Ensure timely remediation of operational issues in accordance with established SLA’s or business guidelines, and escalate as appropriate.
Engage with upstream and downstream process owners in Clearing and Technology teams during operational issues to support resolution and execution of settlements basis established contingency plans.
Engage with settlement bank partners in AP to ensure efficient settlement operations processes with documented contingency communication protocols exist and are tested periodically.
Collaborate with counterparts based in Europe and Americas, in rostering team members to support the weekend settlements process.
Partner with Settlement Strategy team for operational implementation of new settlement services or enhancements in settlements in AP region.
Lead AP liquidity roadmap by driving initiatives to ensure optimal Settlement liquidity protocol is in place across AP markets.
Implement liquidity solutions in coordination with Settlement Operations and Mastercard’s settlement bank partners.
Lead global settlement invoice processing, including onboarding new vendors, routing invoices for approvals and payment via Oracle, and resolving processing exceptions.
Oversee settlement-related bank account administration, including signatory updates, account closures, ongoing KYC reviews and annual account validations, in partnership with GBSC.
Requirements
Educational qualification: MBA or Chartered Accountant; Professional qualifications like CTP, CFP preferred.
Advanced level of expertise in Treasury settlements / payment operations and banking infrastructure gained through experiences in multinational corporates’ Regional/Global Treasury centres, financial institutions or banks.
Proven track record of leading regional or global operations in a time-sensitive environment.
Strong team leadership experience of an operations team.
Proficient in payment network systems, including authorization, clearing, and settlement, and bank connectivity solutions like H2H and SWIFT.
Demonstrated ability in leading high-impact transformation initiatives with strong project management and stakeholder management skills across global and cross-functional teams.
Team player with proven team leadership and relationship skills.
Effective communication skills and experience of presenting complex topics (preferably in Treasury and banking domain) to senior management.
Excellent negotiation skills and experience in managing complex banking relationships.
To meet the demands of a global organization with 24/7 operations the candidate must be flexible to support management tasks that occur outside standard business hours.
Benefits
Corporate Security Responsibility
Abide by Mastercard’s security policies and practices
Ensure the confidentiality and integrity of information
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