Mastercard

Mastercard

Posted via Workday

Senior Analyst, Settlement Operations

Apply by Sep 21, 2026

Posted Sep 17, 2026

Role at a glance

Job function
Banking, Payments & Insurance Cards & Payments
Salary
Not Disclosed
Location
Pune, India
Work arrangement
On-site
Employment
Full-time
Experience
Prior relevant experience in Remittance / cross border business finance stream preferred

Spotted an issue?

We’ll check it against the original posting.

Log in to report

Role Summary

AI-generated

The Senior Analyst, Settlement Operations supports Mastercard Cross-Border Services settlement and reconciliation processes across MTS PINs and MTS PRO receive partnerships. The role analyzes settlement strategies, operational controls, and risk mitigation while providing accounting, technical, and advisory support to stakeholders.

What You'll Do

  • Coordinate with vendor teams to monitor and review reconciliations for Mastercard Cross-Border Services receive partners.
  • Handle ad-hoc requirements including agent balance reviews, audit queries, and reports or trackers.
  • Track and escalate reconciliation issues and coordinate with BDMs, agents, and financial institutions to resolve them.
  • Analyze and implement changes to settlement process flows, operational controls, and risk mitigation strategies.
  • Perform settlement-related data mining, data analysis, trend analysis, and forecasting.
  • Conduct knowledge-transfer sessions and monitor and upgrade the process knowledge of in-house and offshore teams.

Generated from the employer's posting. Verify important details before applying.

View full posting

Qualifications

Subject matter expertise in settlement and reconciliation processes; knowledge of accounting concepts and foreign exchange calculations for cross-border remittance transactions; advanced knowledge of MS Office applications and Power BI; strong writing, speaking, and stakeholder communication skills.

Required

  • A subject matter expert for Settlement and reconciliation process
  • Good knowledge of accounting concepts and Foreign Exchange calculations involved in cross border remittance transactions.
  • Computer proficiency with advanced knowledge of MS office applications, power BI etc.
  • Be a strong, confident, and exacting writer/speaker, able to communicate your vision and road map effectively to a wide variety of...

Preferred

  • Prior relevant experience in Remittance / cross border business finance stream preferred

Original job description

Content provided by the employer

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Senior Analyst, Settlement Operations

Who is Mastercard?
Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Overview

The Senior Analyst, settlement operations team plays a key role in the analysis and implementation of changes in strategies related to settlement process flows, operational controls, and risk mitigation. The ideal candidate is passionate, highly motivated, intellectually curious, analytical, and possesses an entrepreneurial mindset. Should be capable to handle responsibilities relating to settlements and reconciliation end to end processes by providing technical and advisory knowledge. To coordinate settlement strategy/projects, standardize the settlement process and oversea and eliminate revenue leakages if any.

Role

The Roles are responsibilities are expanded across MTS PINs and MTS PRO receive partnerships, assisting with settlement operations and reconciliations, providing accounting support and analysis.

Process Management, coordinating with vendor team in handling the process, monitoring, and reviewing the reconciliations of various receive partners of Mastercard Cross border Services (Banks /FI’s), to ensure accuracy and as per agreed timelines. Support in handling ad-hoc requirements from various stakeholders such as Agent balance reviews, audit queries, ad-hoc reports/ trackers etc. Track and escalate the issues/queries, coordinating with BDM’s/agents/FIs to solve the reconciliation issues as II level escalation.

Participate in analysis and implementation of changes in strategies related to settlement process flows, operational controls, and risk mitigation. Provide settlement related data mining, data analysis, trend analysis and forecasting expertise in support of settlement related initiatives.

Provide technical and advisory knowledge to ensure the development and implementation of applications and procedures that provide adherence to business requirements. Contribute to components of larger projects by performing in-depth analysis to evaluate financial, operational, customer and system impact. Report urgent/important glitches with stakeholders (Technical/process specific). Analyzing current processes and see if there is any scope for process improvement.

Handle KT sessions, monitor and upgrade the process knowledge of the team (in-house/off shored) to bridge the knowledge gaps if any.

All about you

• A subject matter expert for Settlement and reconciliation process
• Prior relevant experience in Remittance / cross border business finance stream preferred
• Good knowledge of accounting concepts and Foreign Exchange calculations involved in cross border remittance transactions.
• Computer proficiency with advanced knowledge of MS office applications, power BI etc.
• Be a strong, confident, and exacting writer/speaker, able to communicate your vision and road map effectively to a wide variety of stakeholders.
• Always look forward for potential solutions to solve problems.


Corporate Security Responsibility

Every person working for, or on behalf of, Mastercard is responsible for information security. All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and therefore, it is expected that the successful candidate for this position 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.

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.




Mastercard

About the company

Mastercard

Large Enterprise

Mastercard is a global technology company in the payments industry, committed to empowering individuals and businesses through secure and efficient payment solutions. With a presence in over 210 countries, Mastercard connects consumers, financial institutions, merchants, and governments, enabling seamless transactions across various platforms. The company is at the forefront of innovation, focusing on enhancing financial inclusion and expanding access to digital payment technologies. Through its advanced network and partnerships, Mastercard continues to revolutionize the way people engage in commerce worldwide.