Team Lead - BBPS & Aggregator ReconciliationIDBI Intech • Gurugram, Sector 32

Team Lead - BBPS & Aggregator Reconciliation

IDBI Intech • Gurugram, Sector 32

29 days ago

Job description

2/3-Way Matching: Perform complex 2-way and 3-way reconciliations across front-end platforms, Payment Aggregator/Gateway records, NPCI/Bank Switch data, and Core Banking Systems (CBS).
BBPS Settlement Management: Validate settlement files with NPCI Bharat BillPay Ltd (NBBL) and designated settlement banks to ensure intraday and end-of-day funds are accounted for.
PA & Merchant Settlement: Reconcile incoming payouts from payment gateways and disburse settlements to merchants/billers per agreed Service Level Agreements (SLAs).
Discrepancy Resolution: Promptly identify, track, and resolve any transaction mismatches, settlement delays, or fee/MDR deductions.
System Automation: Champion the transition from manual spreadsheet-based matching to automated reconciliation software.
UAT & Integration: Collaborate with product and tech teams to perform User Acceptance Testing (UAT) for new biller integrations, payment channels, and API switches.

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Team Lead - BBPS & Aggregator Reconciliation • Gurugram, Sector 32

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