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Settlement Specialist

Job in Greater London, London, Greater London, W1B, England, UK
Listing for: MADFIN
Full Time position
Listed on 2026-09-05
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Analyst, Financial Compliance, Banking Operations
Salary/Wage Range or Industry Benchmark: 45000 - 65000 GBP Yearly GBP 45000.00 65000.00 YEAR
Job Description & How to Apply Below
Location: Greater London

  • Oversee daily transaction reconciliation to ensure accuracy and consistency.
  • Process settlements, payments, refunds, chargeback fees, and adjustments.
  • Review settlement data and investigate transaction discrepancies.
  • Reconcile client accounts and identify missing, duplicate, underpaid, or overpaid transactions.
  • Prepare settlement reports, payment confirmations, and supporting analyses.
  • Collaborate with banks, payment processors, and other financial partners.
  • Maintain accurate settlement records and update relevant internal systems.
  • Identify opportunities to improve settlement workflows and mitigate operational risks.
  • Ensure settlement activities comply with internal policies, industry standards, and applicable regulations.
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  • 2+ years of experience in settlement, reconciliation, or financial operations within fintech, payments, banking, or crypto.
  • Strong understanding of transaction reconciliation, settlement flows, refunds, fees, and adjustments.
  • Experience working with payment processors, banks, and/or crypto exchanges.
  • Strong SQL skills and proficiency in Excel or Google Sheets.
  • Experience with Power BI or similar reporting and data visualisation tools.
  • Strong analytical skills, attention to detail, and the ability to investigate discrepancies.
  • Good organisational and time-management skills, with the ability to meet deadlines in a fast-paced environment.
  • Knowledge of blockchain technology is considered an advantage.
  • Russian Speaking Candidates preferred.
  • Competitive salary based on your experience and contribution
  • Excellent health insurance after successful completion of the probation period
  • Additional paid Wellbeing Days - take time for your personal needs, health check-ups, or simply to recharge
  • Hybrid work setup - flexible hours with a mix of in-office and remote work
  • Friendly and collaborative team - we value transparency, initiative, and support each other
  • Opportunity to grow together with the company and take on new responsibilities as we scale
  • Startup environment where your voice matters and ideas turn into features fast
  • Gifts from the company for work anniversaries and birthdays - because milestones matter, and we love celebrating them with you!
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