HOD, Clearing and Settlement Operations at Unified Payment Services Limited

Full time @ListingAPI-2 in Fintech
  • Nigeria (Selected States), Unified Payment Services Limited View on Map
  • Post Date : August 18, 2023
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Job Detail

  • Job ID 31057
  • Experience See Job Description
  • Gender Male or Famele
  • Qualifications See Job Description

Job Description

UP otherwise known as Unified Payment Services Limited is Nigeria’s premier Payments & Financial Technology company founded in 1997 by a consortium of leading Nigerian banks. UP operates as a shared infrastructure for the banking community in Nigeria and Payments Service Provider within and outside Nigeria, with a vision to be the most preferred e-payment service provider in Africa.

We are recruiting to fill the position below:

Job Title: HOD, Clearing and Settlement Operations

Location: Nigeria
Employment Type: Full-time
Job Grade: Head of Department

Job Description

  • Daily processing of approved transactions for local settlement and secondary settlement file generation.
  • Daily processing of approved ATM for domestic settlement (Settlement file generation).
  • Ensuring that settled ATM/POS transactions are fully updated into Dispute Management System (DMS) and Inquiry portal.
  • Support to banks and non-banks (acquirers and merchants) on Dispute Management System.
  • Monitoring of transactions data sources (Payattitude, PayArena, Hope PSB back office, CBE, TCM etc.) for daily extractions of approved financial transactions that qualify for settlement.
  • Daily processing of approved transactions (clearing) for international scheme settlement.
  • Daily processing of downloaded MPGS files (Clearing of MPGS) for different clients.
  • Daily quality checks to forestall duplicate or incomplete submission of clearing files to the different schemes in specified formats and within defined time windows for each scheme.


  • First Degree in Accounting or any numerate course.
  • Professional membership of ICAN / CIMA / ACCA or similar recognized professional bodies
  • Have a minimum of 10 years post-NYSC cognate experience.
  • Excellent knowledge of accounting principles, practices and procedures.
  • Knowledge of supervisory practices and principles.
  • Knowledge of Card Payment industry.


  • N300,000 – N350,000 Monthly.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

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