Associate Head of Escrow and Settlement

2 weeks ago


Jakarta, Indonesia Setara Networks Full time

We at Indepay | Setara Networks are here to revolutionize the Indonesian payment ecosystem by introducing one click checkout services in order to make transactions zero-fee, instant, and rewarding for the consumer.

On one side we’re working with financial institutes to enable real-time account to account transfers through our platform, and on the other-side we’re giving consumers a reliable and secure payment experience which is better than anything else they’ve experienced in the Indonesian ecosystem.

**Where We Are Now: Series A Startup with Boundless Opportunities**

**Our Vision for Payment Transformation**: We’re on a mission to disrupt the traditional online payment landscape. By pioneering a faster, safer, and incredibly simple payment solution, we're challenging the status quo of virtual account payments and setting a new standard for seamless transactions, enabling payment in just 20 seconds powered by open banking regulatory framework.

**Strategic Partnership with Top Brands**: As we build a new category in one-click fast payments, you'll have the opportunity to work alongside industry leaders, partnering with top-tier D2C brands ranging from telco providers, banks, FnB, and OTT to create a network that redefines the future of online payments.

**Your Opportunity to Innovate**: If you're passionate about innovation and eager to make a significant impact, this is your chance to be part of something truly transformative and create value.

Join a multicultural team at the epicenter of transforming Indonesia's future payment industry. Seize this rare opportunity to be a game changer in an environment that thrives on innovation and collaboration. Don't miss out on the chance to be part of a live, dynamic company ready to soar to new heights in the coming year.

**What your current role should be like?**
- 5+ years of experience in managing escrow and settlement operations within financial services or technology companies.
- Expertise in implementing and optimizing processes for dispute resolution, financial settlements, and reconciliations.
- Skilled in working with data-driven decision-making, using tools like MS Excel, ERP, or CRM systems to enhance operational efficiencies.
- Proven track record of handling stakeholder management and resolving conflicts efficiently.
- Ability to thrive in a fast-paced, early-to-growth stage startup environment, with a focus on scalability and innovation.

**What will you do?**
- Execute back-end Dispute Handling/Management/Resolution operations.
- Cross-check existing data and pre-match with bank and internal reporting.
- Analyze incoming queries/complaints/disputes to identify patterns to define action-ables.
- Ensure all documentation and records are created and maintained for all interactions.
- Play an integral role in showcasing Indepay as a consumer-friendly organization and best service provider.
- Provide insight to management on the offerings through publishing dashboard of the queries and issues periodically.
- Perform independent controls on regulatory reports, Additional controls.
- Manage a variety of stakeholders, resolve conflicts, record and monitor inventory and other data artifacts, and handle day-to-day paperwork, digitization/scanning, invoicing and processing, and cash handling/management.
- Expertise in performing processes, Basic excel skills.

**Requirements**:
**What do you have?**
- 5+ years of experience in handling settlement or escrow accounts in payment and/or technology companies.
- Manage and handle settlement/escrow accounts in payment and/or technology companies.
- Must be comfortable working in an early stage to growth stage company and should be able to thrive in a dynamic and fast-paced environment.
- Have a proven track record of success in previous roles and have worked in a similar setting, such as a Pre series A-B company will be a plus.
- A leader who takes fun in taking risks and understands that taking calculated risks is necessary for growth. They should have the ability to balance risk-taking with sound decision-making to build something innovative and groundbreaking.
- Record and monitor inventory and other data artifacts.
- Handle day-to-day paperwork, digitization/scanning, invoicing and processing, and cash handling/management.
- Manage a variety of stakeholders and resolve conflicts.
- Deliver on commitments without fail.
- Develop clear & concise documentation with an analytical and data-driven approach.
- Multi-task and prioritize work effectively.
- Work independently and self-motivated in a fast-paced and dynamic environment.
- Stay positive, bring out the best in a team, and work well under pressure.
- Develop strategic thinking to understand business opportunities and create a competitive advantage.
- Provide proactive and creative solutions to solve problems with excellent problem solving.

**How do you do it?**
- You thrive in a dynamic and fast paced environment.
- You deliver on your commitment



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