Senior Officer- Cards Acquiring, Magnati, Abu Dhabi, UAE

Company Description
Magnati is a regional leader in the payment solutions industry focused on direct acquiring, issuer processing and acquiring processing.

Magnati provides government, merchant and institutional clients with an intelligent payments platform that monetises data, using next generation technology to deliver improved experiences and increased efficiency. The Magnati brand is charged with energy and potential and is set to transform payments into possibilities.

Headquartered in Abu Dhabi, Magnati’s expertise and relationships provide a platform for Magnati to attract international partners, while setting a new standard for innovation and delivery in the payments industry

Job Description
JOB PURPOSE:

To Provide support to a network of over 33K FAB merchants by handling merchant related issues concerning card acceptance, Settlement of transactions to the merchants and other joint venture related issues.

ACCOUNTABILITIES:

Generic Accountability

Policies, Systems, Processes & Procedures

Provide inputs and implement policies, systems and procedure for the assigned team so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.
Continuous Improvement

Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
Reporting

Prepare sectional statements and reports timely and accurately to meet LFGB-LNBAD and department requirements, policies and quality standards.
Job Specific Accountabilities

Ensuring compliance to process, procedures, controls, policies and SLAs for both onshore and off shore functions.
Handle all Merchant queries regarding POS problems (connect fail, printing, receipt, settlement, clearing, initialization etc), non-receipt of payments and EPOST related service issues and to ensure prompt action and resolution.
Under take Process Improvement, Reduce Errors, Rework, cycle time and cost.
Any other Duties / responsibilities as &when assigned by Management to support Business Requirements.
Ensure to abide by the compliance programs that monitors obligations towards externals parties including and not  limited to Regulatory/Card Schemes/PCI DSS rules & regulations.
Identify opportunity to automate current manual processes, consult with Manager and IT on feasibility and costs / benefit. Take ownership of the entire processes from start to end.
Ensure Monthly MIS, Business SLA and KPI’s are met
To check Controls & mitigates are in place all the time to avoid operational or financial loss
To provide enhanced Service & Support to internal and external customers
Ensure adherence to operating procedures, audit & compliance requirements with periodic review & update of process documentations                                     
Adherence to timely activity completion with clear visibility on completed vs pending actions
Timely reporting of MIS & ensure exceptions, learnings and corrective actions are clearly documented
Create positive Customer experience - internal/external relationship management, timely response, process execution within TAT and accuracy of outputs.
Ensure service fulfilments are handled with execution of processes within TAT with quality & accuracy of outputs.             
Timely email responses to channels with clear & complete communication on actions taken.                                             
Minimize complaints & create a consistent & positive customer experience.                                                       
Timely follow up & resolution on system /process / service escalations                                                              
Extend full support /cooperation to business units & provide timely feedback on processes.                 
Review & maintain updated operating procedures & process documentation with accuracy.
Specific Accountability

Merchant Maintaince  – Trade license, commission profile, non- Monetary updates and reporting requirements fulfilments
Merchant settlements – Manage the Merchants daily settlement related functions, hold and release payments when and as required based on Business Risk confirmation.
Ensure daily processing of Acquiring settlements to Merchants,  verify with Acquirer EOD reports and ensure that settlement is processed successfully.
Share the monthly Dormant Merchant reports with the receivable outstanding with Business and support the receivables as per the business Directives.
Refunds and reversal Processing within agreed TAT with required level of Accuracy
Prepare Financial vouchers and Adjustment entries.
Validate / update Merchant Agreements , Trade licences in card Management system.
Perform Due diligence, world check and Merchant portfolio verification with legal / compliance team.
Hypothecation update and Turn over letter issuance
All other Miscellaneous service fulfilments related to Merchant Acquiring Operations
Ensure to abide by the compliance program that monitors obligations towards externals parties including and not limited to Regulatory / card Schemes / PCI DSS  Rules & regulations
Ensure new E- Commerce Merchant Setup is done on time and  within the bank policy and procedures
FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY:

Functions within the framework and boundaries of Group policies as well as overall organisational and governance frameworks.
Authorised to take decisions as per the approved authorisation matrix.
Under the Guidance of Head of Operations.
FAB Card Center Policies & Procedures
Qualifications
Minimum Qualification

Bachelor’s degree or related discipline.
Good analytical, Problem Solving and Decision-Making skills.
Good Accounting Knowledge and in accounting and Multi-Tasking
Good communication and knowledge in Business Operating Model In UAE / GCC
Minimum Experience

3 years’ relevant experience in the banking sector with at least 1 years in similar positions of progressively increasing managerial responsibilities in the Cards Acquiring and Issuing function.




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Administrative Assistant - Mechanical Engineering, Khalifa University, UAE

Administrative Assistant is responsible for providing administrative support on academic matters and support services that includes various types of communication, answering queries, scheduling visitors, coordination of mail pickup and delivery, arranging courier services, scheduling meeting rooms, travel and accommodation booking and etc.

• Support all the activities including office management, implementation of procedures, process management, records management and diary management

• Enhance and implement administrative systems as and when needed to increase efficiency •Coordinate on the Line Manager's various projects and initiatives and follow through on issues in a timely manner

• Review and summarize miscellaneous reports and documents; preparing background documents as necessary

• Assist the Line Manager's in preparing presentation materials

• Effective communications management of the Line Manager's office and maintaining confidentiality

 • Effectively design, maintain and update filing system

• Ensure protection, security and confidentiality of all files, records and reports

• Responsible for heavy calendar management requiring interaction with both internal and external executives, stakeholders, as well as consultants

• Arrange travel schedule and reservations for the Line Manager

• Manage all incoming mail and identify items that require priority attention of the Line Manager

• Receive and screen all communications for the Line Manager including telephone calls and e-mail messages

• Prioritize, channelize, and facilitate communication from other business units

• Independently responding to letters and general correspondence of a routine nature.

• Organize and maintain the layout of the office and maintain the supplies

• Attending Management, other meetings and taking minutes, as directed

• Adhere to the University's information security and confidentiality policies and procedures, and report breaches or other security risks accordingly

• Coordinate with other departments to facilitate the accomplishment of tasks and responsibilities, as and when needed

• Perform any other tasks assigned by the Line Manager

 

 
Qualifications
 
Required Qualifications

An Associate Degree or Diploma in a related field

 

Required Experience

Expats: A minimum 3 years of relevant experience.

UAE Nationals: A minimum of 0-1 year of relevant experience.

 
Primary Location: KUK – Khalifa University
Job: Administrative Assistant
Schedule: Regular
Shift: Standard
Job Type: Full-time
 Day Job
Job Posting: Dec 5, 2022, 11:46:32 AM



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Internal Auditor, Deriv, Dubai, UAE

Job Description
Your role
With 1000+ employees spread across 23 international offices, the role of an Internal Auditor has become an increasingly critical function within Deriv. You’ll safeguard business continuity, compliance, and operational efficiency across the Deriv Group in this role.

 

You’ll help us achieve business excellence by taking care of audits covering all our functions and processes. You'll identify potential business and compliance risks throughout the audit cycle and develop solutions to close the gaps. Following the audit, you’ll coordinate the implementation of action plans with various teams.


Your challenges
Systematically plan and determine the objectives and scope of audits, and implement audit schedules efficiently and effectively.
Design audit programmes based on a deep understanding of business requirements, context, domains, and business intelligence.
Conduct in-depth audits based on the identified business risks, operational performance, and safety considerations.
Communicate audit findings and recommendations by preparing accurate and timely audit reports to help management make informed decisions.
Work closely with control owners to drive the action plans as part of the effective responses toward the audit recommendations from conception to implementation.



Requirements
What you have                                                           

Strong understanding of the internal audit process and expectations
A meticulous, organised, results-driven, and proactive personality
The ability to work and thrive in a team-oriented environment and cross-functional collaboration
Excellent spoken and written English communication skills
​ Fresh grads and juniors are welcome to apply.

Benefits
What we’ll give you

A culture that understands and appreciates the importance internal audit brings to the organisation in keeping it safe and efficient
Exciting work challenges
Professional growth opportunities, aided and encouraged by leaders who follow the servant leadership model and empower you to realise your potential
Cooperative work environment
Individualised career path
Competitive salary, annual performance bonus, and health benefits
A secure position with a long-term career perspective in an internationally expanding environment
Casual dress code
Travel and internet allowances
Inspiring work environment and creative freedom
Continuous training and support Regular teambuilding activities to promote teamwork and unity
Regular teambuilding activities to promote teamwork and unity




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CV Writing Service


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We support the Far-Sighted, Growth Oriented Vision announced by the UAE, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain.


It's an exciting time and the next 30 - 40 years will be those of the GCC countries.


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SOCIAL INITIATIVE:


We publish job vacancies on this website and our Whatsapp groups for the benefit of job-seekers.


It is to help people who are searching for jobs from across the world.


This is a Social Initiative from our team @ dubai-forever.com, so please help us in this Noble Task by Forwarding these jobs within your network.


Do this GOOD DEED.


You never know who will benefit from it.


You've heard about KARMA right?


It's waiting to give you 10X of whatever you do...Do the Good Deed. NOW!


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