Associate Director: Transaction Processing and Settlement – Remote

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.

 

Managing a multi-billion-dollar transaction network requires a relentless focus to ensure transaction activity is executing as expected. We are looking for an experienced operator to lead our transaction processing and settlement function, ensuring funds flow across our network to the right parties at the right time. This role will have significant opportunity to establish industry best practices for settlement controls, own rules-based monitoring workflows and grow a team foundational team within one of the fastest growing healthcare payment networks in the country.

 

Beyond building strong operational discipline for transaction research, settlement and performance monitoring, this role will be critical to supporting new-to-market product solutions by creating new workflows and capabilities to ensure scalability and efficiency.

 

We are looking for someone to join our operations team that wants to drive excellence and efficiency across each consumer transaction. The right candidate will “think big” while diving deep, remain flexible to change, and someone with a passion for innovation and operational excellence. Established processes, infrastructure and integration with our tools is paramount to our success and ability to rapidly scale across our organization.

 

You’ll enjoy the flexibility to work remotely* from anywhere within the U.S. as you take on some tough challenges.

 

Primary Responsibilities: 

• Define and build an end-to-end operational infrastructure focused on transaction settlement, reconsolidation, and research across S3 and third-party network (e.g., VISA, Mastercard) activity
  
• Lead execution of daily network settlement activities, ensuring funds flow is accurate and addressing transaction or platform anomalies
  
• Establish and implement clear network controls for settlement adjustments, transaction reversals, working in partnership with technology and product counterparts
  
• Establish a high-performing team to drive and support the operational roadmap for S3 and third-party network management
  
• Leverage best-in-class methodologies for problem resolution and real-time, continuous production monitoring, proactively addressing defects or network issues
  
• Partner with client and retailer teams to navigate platform and network issues, assessing impact to clients and internal stakeholders and supporting communication
  
• Align and coordinate with core leaders and stakeholders across Product, Retail Operations, Fraud, Network Engineering, Legal/Compliance, and other key stakeholders to drive process and platform improvements.
  
• Design and develop detailed and executive-level dashboards to ensure critical focus areas are appropriately prioritized and addressed
  
• Produce high quality documentation based on implemented methodology standards

 

You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

• 7+ years of experience in transaction operations, financial services or treasury functions
  
• Experience establishing reporting, defining KPIs and ensuring adherence to SLAs
  
• Experience championing continuous improvement projects
  
• Experience leading a team
  

 

Preferred Qualifications:

• 4+ years of experience in finance, accounting, or equivalent experience
  
• Comfort and experience with SQL analysis or other related tools
  
• Ability to lead multiple projects simultaneously; strategic thinking with ability to build strong working relationships across organizational teams in a fast-paced and changing environment
• Excellent written and verbal communication skills to communicate with non-technical and technical people inside and outside the organization

 

*All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy.

 

California, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, Washington, Washington, D.C. Residents Only: The salary range for this role is $104,700 to $190,400 annually. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.

 

Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

 

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission.

 

 

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

 

UnitedHealth Group is a drug – free workplace. Candidates are required to pass a drug test before beginning employment.