Description
- Perform all internal accounts, reconciliation and corrective action on daily basis from Makers perspective.
- Prepare accurate and timely Monthly & half yearly vendor invoices for Amex, Diners to recover the rental & transaction fee.
- Prepare deferred commission invoices for gross merchants and ensure timely recovery without error.
- Maintain & timely updating all the trackers for tracking pending commissions, payments & rental recovery.
- Preparation & Posting of DE entries in system for respective processes from maker perspective.
- Perform deferred payment recon & payment posting process and make sure the payment is made on time with accuracy.
- Ensure that Bank’s Compliance and Regulatory procedures are followed.
- Adherence to daily and monthly activities allocated.
- Create an atmosphere conducive to mutual co-operation among staff members and foster team spirit.

Responsibilities
- Complete awareness of policies and procedures for onboarding of new merchants / existing merchants for both POS and E-commerce businesses.




- Transparent understanding of documentation requirements for various category of merchants based on the nature of business and also based on the business defined priority category
- Ensure all documents ( merchant agreements, trade licence, passport copies, ID documents, MOA, Board resolution etc) required for onboarding are duly submitted as per the check list
- Ensure the documents are completed in all respects and rightly verified by the maker
- Ensure system related and negative checks are correctly performed the maker
- Raise exceptions and seek compliance approval wherever required
- Monitor rejected applications and pro-actively work with business for rectification and resubmission
- Track document deferral and ensure regularization within agreed timelines
- Continuous training to front end on right document submissions to reduce rejects and referrals.
- Ensure that unit's standard operating procedures are updated, change docume

📌 Senior Associate- Operations Acq (Bengaluru)
🏢 Mashreq Bank
📍 Bengaluru