As Marqeta’s  Settlement Senior Analyst, you will ensure financial integrity and trust across our global payments ecosystem by leading transaction processing controls and funds movement operations for our customers, bank partners, and networks. The Settlement Controls organization operates at the core of our business, guided by the mantra: Ensure all program funds are in the right place, at the right time, for the right purpose. In this role, you will scale the Settlement Controls Team by implementing efficient processes, deploying automated tools, and building controls that ensure transactions are processed accurately and on time. 

We work Flexible First. This role can be performed remotely anywhere within the United States or from our Oakland office. We’d love for you to join us!

The Impact You’ll Have

• Perform end-to-end reconciliation and discrepancy management: Execute time-sensitive daily, weekly, and monthly reconciliations while analyzing network, bank and internal data to identify root causes of discrepancies, and implement corrective actions to preserve trust in banking and money movement services.
• Daily Program Funding Compliance: Track and report Customer Program Deposits accurately and timely while maintaining intraday funding balance oversight, escalating issues promptly when needed and monitoring banking activities for irregularities to ensure data integrity across all transaction sources.
• Drive operational excellence: Create comprehensive process documentation while identifying control gaps, partnering cross-functionally to develop targeted solutions, and supporting critical month-end close activities.
• Support system evolution: Define business requirements while developing comprehensive test plans, validating new processes and systems, and collaborating with Engineering, Product, Data & Insights teams to resolve bugs and enhance reconciliation capabilities.
• Become a Subject Matter Expert on settlement controls: Serve as a go-to resource for the team while providing backup support for ad hoc cross-departmental needs.
• Process Improvement & Controls: Lead continuous improvement efforts by enhancing reconciliation procedures, implementing robust internal controls for compliance, driving process automation initiatives, and delivering strategic recommendations that optimize cash management and treasury operations.

Who You Are

• Bachelor's Degree in Finance, Accounting, or related field
• 5+ years of experience in finance, accounting, or settlement/reconciliation functions, ideally with strong knowledge in banking, financial services, operations, and cash management. Experience with reconciliation tools and automation platforms is strongly preferred
• Analytical problem-solver with strong SQL/Python, Excel proficiency (complex formulas, pivot tables), experience leveraging AI for process automation and data analysis, excellent judgment, and the ability to connect business operations to transaction flows and funds movement. Strong project management and leadership capabilities
• Self-motivated and detail-oriented with strong written and verbal communication skills to collaborate effectively across teams and management levels
• Adaptable and curious about the payments industry, thriving in fast-paced environments while balancing big-picture thinking with hands-on execution and a drive to continuously improve processes

Nice-To-Haves

• Previous Bank and Network transaction reconciliation experience (Visa, MasterCard, AMEX)
• Experience with funds transfer processes (ACH, wire transfers, SWIFT, RTP/FedNow)
• Experience in data analysis and automation
• Knowledge of regulatory compliance (SOX, PCI DSS, banking regulations)
• Experience in tech, digital banking, or payment processor environments

Your Manager

• Sophia Coelho

Typical Process

• Application Submission
• Recruiter video call
• Hiring manager video call
• Virtual “Onsite” consisting of 4-5, 45 min calls
• Offer!

Compensation and Benefits

Marqeta is a Flex First company which allows you to choose your best working environment, whether that be from home or at a company office. To support Flex First, we calibrate pay to a competitive value according to working location. Compensation is aligned according to three tiers within the United States:

• National: A baseline tier that applies to most of the geographic territory of the United States.
• Premium: Slightly elevated from the National tier, and oriented toward a narrower set of higher cost-of-living areas, such as Los Angeles CA and Seattle WA
• Premium Plus: A tier for the most expensive working areas, like the San Francisco Bay area and New York City.

Visit this page or consult with a Recruiter to determine which tier would be applicable to you.

When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position is:

• National: $89,400 - $111,700
• Premium: $96,700 - $120,900
• Premium Plus: $105,100 - $131,400

We also believe in recognizing the contributions of our people. That's why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.

Along with monetary compensation, Marqeta offers

• Multiple health insurance options
• Flexible time off – take what you need
• Retirement savings program with company contribution and after tax contributions
• Equity in a publicly-traded company and an Employee Stock Purchase Program
• Family-forming benefits, fertility support, and up to 20 weeks of Parental Leave
• Free therapy sessions, financial and professional coaching, and legal advice
• Monthly stipend to support our remote work model
• Annual “development dollars” to support our people growth and development
• Through Flex First, the freedom to live and work wherever you and your family thrive