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Junior Coordinator, Settlement Operations



Peterborough, UK
Posted on Tuesday, June 4, 2024

Our Purpose

We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Title and Summary

Junior Coordinator, Settlement Operations Role Purpose
An opportunity has arisen within the Finance Department to for an individual to join the Settlement Operations team and will report in directly to the Settlement Operations Manager. The successful candidate will provide support and cover for the daily processes and reconciliations relating to a number of our overseas BIN Sponsors whilst working closely with a range of both internal and external stakeholders.
*Role known internally as Coordinator, Settlement Operations.
Key Accountabilities
• Calculate and deliver accurate daily creditor payments within tight deadlines
• Perform daily journals to enable daily reconciliations and investigate any differences
• Use initiative to proactively identify issues which could impact on cash movement and manage any impact this may have with the client
• Responsible for the delivery of accurate and timely reports and reconciliations to clients in a professional manner
• Responsibility for the production of month end balance sheet reconciliations
• Assist with the weekly and monthly routine activities as required
Core Skills
• Must have very good excel skills
• Good communication and interpersonal skills with the ability to establish, develop and maintain effective working relationships with internal and external customers
• Able to work under pressure and to tight deadlines
• Comfortable working in a fast-paced, dynamic environment
• Appreciation of basic accounting principles
• Must demonstrate attention to detail
• Must be able to demonstrate they can use their initiative
• Must be tenacious when investigating and resolving accounting queries

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

  • Abide by Mastercard’s security policies and practices;

  • Ensure the confidentiality and integrity of the information being accessed;

  • Report any suspected information security violation or breach, and

  • Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.