Clearing and Settlement Specialist


Information Technology
level required
Mid-Senior Level
job timing

Job Description

  • Proactively monitor payment processes, identify non-standard activity and exceptions 
  • Verify all transactions have been executed in a timely and accurate manne
  • Complete regular management reporting according to agreed KPI's 
  • Preparing and sending Settlement reports to our client base 
  • Checking and Reconciling settlement figures within area of responsibility, paying identifying any anomalies. 
  • Identify discrepancies in settlement amounts and initiating fixes 
  • Checking and monitoring file transfers processed by the card networks, resolving any issues together with internal and client technical teams while escalating issues in accordance with protocols and standards 
  • Mandatory reporting to card companies (VISA, MC, AMEX, Diners)
  • Clearing and settlement reconciliation (daily, monthly) 
  • Verification of the preparation of statements and invoices
  • Carrying out any other activities allocated to the role


  • Experience in Banking and Finance Accountancy or equivalent
  • Minimum 5 years of working experience in banking industry or others that relate to Treasury or banking functions
  • Fluency in English and Hungarian languages
  • Proven understanding of settlement related knowledge such as payment method, country specific payment rules, SWIFT, correspondent bank, clearing channel, etc. 
  • Excellent knowledge in MS Office, having experience with a payment processing systems
  • Good interpersonal skills and the ability to multitask in a demanding and fast paced environment

Additional Information

What can our partner offer:

  • Long-term career path
  • Multinational environment
  • Friendly work atmosphere
  • Career growth

Place of work: Budapest