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 current 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