Reconciliation, Clearing, Merchant Acquiring Support Analyst

Company Overview:

Our client, a leading player in the financial technology sector, is expanding its service offerings to provide comprehensive project and technical support to investment banking clients. Initially focusing on Saudi Arabia, they are poised to extend their expertise across the Gulf region. As part of this strategic growth, they are seeking a talented and experienced Reconciliation, Merchant, Clearing Application Support Engineer to join their dynamic team.

Position Overview:

As a Reconciliation, Merchant, Clearing Application Support Engineer, you will play a critical role in ensuring the smooth operation and support of financial systems related to reconciliation, merchant management, and clearing processes. Your expertise will be crucial in maintaining system integrity, troubleshooting issues, and providing technical support to investment banking clients.

Key Responsibilities:

• Provide in-depth technical support for clearing processes, including file formats, data elements, clearing cycles, and settlement reports.
• Manage and support merchant management processes, including onboarding, MCC (Merchant Category Codes), commissions, fees, accounting, services, and payments.
• Oversee and ensure accurate General Ledger (GL) accounting, including accounting entries, postings to core banking systems, and associated reconciliation processes.
• Diagnose and resolve technical issues, particularly within Java-based applications, ensuring minimal disruption to client operations.
• Utilize your deep knowledge of Unix and Oracle systems to support and maintain critical financial applications.
• Act as a subject matter expert in Clearing and Reconciliation Application Support, with a proven track record in similar roles.
• Work with FIS products, specifically IST Clearing and IST MAS, to provide effective and efficient technical support.
• Demonstrate flexibility and readiness to travel extensively and relocate as required, with a primary focus on Saudi Arabia and potential assignments across the Gulf region.

Qualifications:

• Bachelor’s degree in Information Technology, Computer Science, Computer Engineering, or a related technical field.
• Proven experience in schemes clearing processes, with a strong understanding of the technical aspects and data management involved.
• Hands-on experience in merchant management, with a comprehensive understanding of the financial and operational processes.
• Expertise in GL Accounting, including the ability to manage complex accounting entries and ensure accurate reconciliation with core banking systems.
• Strong troubleshooting and problem-solving skills, especially in the context of Java-based applications.
• Deep technical knowledge of Unix and Oracle systems, with a track record of supporting and maintaining critical applications.
• Experience working with FIS products, particularly IST Clearing and IST MAS, is highly desirable.
  Willingness and ability to travel extensively and relocate abroad as needed.