Associate - Merchant AcquiringTriOptus • Jhārkhand, Republic Of India, IN
No longer accepting applications
Associate - Merchant Acquiring
TriOptus • Jhārkhand, Republic Of India, IN
6 days ago
Job descriptionPrepare daily financial vouchers for merchant settlements. Process fee reversals, debit / credit adjustments, and other financial entries accurately and within defined timelines. Update and maintain financial records in compliance with bank policies and regulatory guidelines. Prepare incentives for merchants and Relationship Managers. Perform daily reconciliation of merchant payments, receivables, and payables. Maintain and update daily tracking files and operational reports. Ensure proper MIS reporting and analysis for management review. Manage and respond to merchant queries promptly and professionally. Provide value-added support and advice to business units and related stakeholders to ensure timely resolution of operational issues. Liaise with card networks (Visa, MasterCard), vendors, service providers, and industry associations regarding transaction processing issues and exception handling. Coordinate with internal teams—including Business Units, FRMU, Disputes, and MSU—on settlement-related matters. Operate within established bank policies, regulatory guidelines, and operational frameworks. Identify, escalate, and resolve issues related to merchant setup, settlement, reconciliation, and transaction exceptions. Provide analytical insights and recommendations to support business units and improve operational processes. Ensure timely troubleshooting of problems to maintain seamless merchant operations. Make operational decisions within defined authority limits and based on experience. Exercise judgment in resolving merchant and settlement-related issues in line with established policies and procedures. Good understanding of general banking operations with hands-on experience in merchant acquiring functions, including merchant setup, maintenance, and payments. 1–3 years of experience in the cards domain or multi-discipline banking environment. Strong knowledge of acquiring systems and related processes. Proficiency in MS Office applications, with strong MIS and data analysis skills. Excellent communication skills (both written and verbal) and strong interpersonal abilities. Strong analytical and problem-solving skills with attention to detail. Customer-focused mindset Team collaboration Attention to accuracy and detail Time management and ability to work under pressure Proactive approach to problem-solving Professional communication and stakeholder management
Title : Associate-Merchant Operations
Location : Remote
Duration : 6 months
Job Purpose
The Merchant Operations Associate is responsible for ensuring accurate and timely data input for merchant setup and maintenance within the system. The role involves preparing daily financial entries related to merchant payments, refunds, recoveries, and settlements, as well as performing reconciliations for various GL accounts. The position also ensures timely tracking and updating of operational reports and handles merchant-related queries to support smooth operational functioning.
Key Responsibilities / Key Result Areas
Merchant Setup & Maintenance
- Process merchant setup requests with accuracy as per approved merchant setup forms.
- Execute merchant maintenance activities based on requests received from Relationship Managers (RMs) and merchants.
- Track and reprocess rejected transactions in a timely manner.
Financial Operations
Reconciliation & Reporting
Query Handling
Operating Environment, Framework & Working Relationships
Problem Solving
Decision-Making Authority
Knowledge, Skills & Experience
Behavioral Competencies
Create a job alert for this search
Associate • Jhārkhand, Republic Of India, IN
Related jobs
%20Ltd)
Creating winning proposals- Respond to RFP- s, RFQ's and proactive bids while working closely with all teams to develop the win strategy, competitor evaluation and creating differentiated value pro...Show more
Develop and implement effective sales strategies to achieve sales targets and increase market share.Identify and establish new business opportunities within the assigned territory.Develop a detaile...Show more We are seeking a high-performing, self-driven US Sales Professional to operate from India and lead new logo.This is a pure hunting role, focused on building and growing your own pipeline.You must h...Show more Title : Solution Architect- Banking Domain.Lead and Execute RFI / RFP / RFQ / VDD / Proactive Proposals for the BFS domain.
Will be responsible for overall Bid management, PreSales and team management of t...Show more 
Business Analyst Cybersecurity.Noida / Gurgaon / Hyderabad / Bangalore / Pune.We are seeking an experienced and detail-oriented Business Analyst with a strong focus on cybersecurity.The ideal candidate w...Show more
SBI Life Insurance - Manager - Sales
SBI LIFE • Jharkhand, India
India, was incorporated in October 2000 and is registered with the Insurance Regulatory and Development Authority of India (IRDAI) since March 2001.
The company offers a diverse range of products ca...Show more
Last updated: 30+ days ago • Promoted
URC Construction - Construction Contracts Manager
URC Construction (P) Ltd • Jharkhand, India
About the job Position of Construction Contracts Manager Dear all LinkedIn Connections, URC Construction (P) Ltd is...Show more
Last updated: 30+ days ago • Promoted
Sales & Outreach Coordinator
RemoteOneTeam • Jhārkhand, Republic Of India, IN
Compulsory : Fill out the Google Form.RemoteOneTeam connects skilled professionals with businesses worldwide, offering permanent remote opportunities across various industries.We are seeking a motiv...Show more
Last updated: 2 hours ago • Promoted • New!
Solution lead - BFS (Presales)
Saaki Argus & Averil Consulting • Gurgaon, Jharkhand, India
Quick Apply
Last updated: 30+ days ago
Territory Manager
ScaleneWorks • Gurgaon, Jharkhand, India
Quick Apply
Last updated: 30+ days ago
US Sales Professional
ScaleneWorks • Gurgaon, Jharkhand, India
Quick Apply
Last updated: 30+ days ago
Solution Architect- Banking
Saaki Argus & Averil Consulting • Gurgaon, Jharkhand, India
Quick Apply
Last updated: 30+ days ago
Garden's Need - Area Sales Manager
GARDEN'S NEED PRIVATE LIMITED • Jharkhand, India
Description : Role Summary : Gardens Need Pvt.Consumer Products / Agri & Garden segment, is seeking a results-driven Area Sales Manager (ASM) to ...Show more
Last updated: 10 days ago • Promoted
Sales Account Executive
YourTribe • Jhārkhand, Republic Of India, IN
We are rapidly expanding and looking for a high-impact Account Executive to drive new business growth across North America and Europe.
Paperflite & CleverStory can solve them.CEO mindset to your ter...Show more
Last updated: 30+ days ago • Promoted
Senior / Principal Statistical Programmer
Veramed • Jhārkhand, Republic Of India, IN
Senior / Principal Statistical Programmer (SAS and R).Location : Remote / Hybrid – Bangalore.Veramed prides itself on two key areas : providing the highest quality statistics and programming consultancy...Show more
Last updated: 30+ days ago • Promoted
Ageas Federal Life Insurance - Financial Relationship Manager
Ageas Federal Life Insurance • Jharkhand, India
Description : Job Title : Financial Relationship Manager Job Description : - We are se...Show more
Last updated: 3 days ago • Promoted
Business Analytics Fellowship Associate
HEProAI • Jhārkhand, Republic Of India, IN
Business Analytics Fellowship Associate.The Business Analytics Fellowship Associate will participate in a structured, project-based learning program designed to build foundational and intermediate ...Show more
Last updated: 2 hours ago • Promoted • New!
B2b Sales Executive
AdsCult • Jhārkhand, Republic Of India, IN
AdsCult is a digital marketing and web solutions agency based in Mumbai.Founded in 2020, we specialize in SEO, web development, social media management, and growth marketing.We’re a young, passiona...Show more
Last updated: 2 hours ago • Promoted • New!
Social Media Manager - Paid Ads
Coin Nerds • Jhārkhand, Republic Of India, IN
Coin Nerds is a trusted leader in the cryptocurrency industry, established in 2018.Our online platform provides a seamless and secure experience for buying and selling cryptocurrency, available 24 / ...Show more
Last updated: 2 hours ago • Promoted • New!
Quantitative Strategist Intern — Iit Undergraduate Students
Longshanks Trading • Jhārkhand, Republic Of India, IN
Headquartered in Berkeley Square of Mayfair, London, Longshanks Capital is a proprietary trading firm specializing in quantamental finance adopting a data-driven and semi-systematic approach in the...Show more
Last updated: 2 hours ago • Promoted • New!
Account Manager (Marketing Agency)
GrowthBuddy • Jhārkhand, Republic Of India, IN
We're looking for a sharp Account Manager for a fast-growing US-based marketing agency specialising in multi-location businesses.
You'll own client relationships, translate campaign performance into...Show more
Last updated: 2 hours ago • Promoted • New!
Full Stack Engineer
Insight Global • Jhārkhand, Republic Of India, IN
Contract with Insight Global Client.React, React Native, TypeScript.React, React Native, and TypeScript.Deploy containerized solutions using.
Ensure high-quality deliverables through.CI / CD pipelines...Show more
Last updated: 30+ days ago • Promoted
Business Analyst – Cybersecurity
Epergne Solutions • Gurgaon, Jharkhand, India
Quick Apply
Last updated: 30+ days ago