payout & settlement analyst

CRED is an exclusive community for India’s most trustworthy and creditworthy individuals, where the members are rewarded for good financial behavior.

CRED was born out of a need to bring back the focus on a long lost virtue, one of trust, the idea being to create a community centered around this virtue. a community that constantly strives to become more virtuous in this regard till they finally scale their behavior to create a utopia where being trustworthy is the norm and not the exception. To build a community like this requires a community of its own; a community special in its own way, working towards making this vision come true.

here’s a thought experiment: what do you get when you put a group of incredibly passionate and driven people and entrust them with the complete freedom to chase down their goals in a completely uninhibited manner? answer: you get something close to what we have at CRED; CRED just has it better. here’s what will be in store for you at CRED once you join the payment operations team

what will you do?

• track and monitor merchants, PGs and bank receivables and payables
• conduct thorough validation checks to ensure accuracy and completeness of data before processing payouts, minimizing errors and delays
• work with business, product & tech teams to ensure timely disbursements of funds to merchants/partners/vendors.
• work closely with the reconciliation team to identify and resolve transaction exceptions
• collaborate with cross-functional teams, including finance, reconciliation and operations, to optimize payout process
• manage relationships with external stakeholders like merchants, payment gateways, banks & aggregators
• proactively identify and investigate any anomalies or discrepancies in payout transactions, resolving issues promptly to prevent financial discrepancies
• continuously evaluate and improve payout processes to enhance efficiency and streamline operations
• develop comprehensive SOP and maintain transaction records for audit and compliance purposes
• manage invoicing process for merchants/vendors as part of payout process

you should apply if you have:

• 2-3 years of experience in PG settlements, merchant payments, fund management.
• adept with MS Excel, Word, PowerPoint, and similar tools
• advanced analytical and problem solving skills
• keen attention to detail