Onsite Director – Asia Pacific Settlement Operations

Posted 15 hours ago

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About the role

  • 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

Job title

Director – Asia Pacific Settlement Operations

Job type

Experience level

Lead

Salary

Not specified

Degree requirement

Postgraduate Degree

Tech skills

Location requirements

OnsitePuneIndia

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