Saks OFF 5TH

Trainee, Bank Card Admin

India full-time Entry Salary not listed
full-time Entry level Technology & IT Curated
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About the role

Saks OFF 5TH is the premier luxury off-price destination. In its more than 100 stores in the U.S. and Canada, and online, at SaksOFF5TH.com, the company provides the best names in fashion at an incredible value through its merchandise authority, unparalleled brand access and seamless connection between ecommerce and stores.

What This Position Is All About:
Saksoff5th.com Company is one of the fastest-growing retailers in the world. Saks Off 5th, formerly Saks Fifth Avenue Off 5th, is an American off-price department store chain founded in 1990, and a subsidiary of the luxury department store chain Saks Fifth Avenue. Since 2013, both Saks Off 5th and Saks Fifth Avenue have been owned by the Hudson's Bay Company (HBC). At HBC we are a company of adventurers who explore uncharted territory, challenge convention, and work with imagination and fun.
Major Responsibilities

Process involves handling customer disputes/Inquiries relating to card transactions for third party credit cards and in-house cards

Respond to store inquiries (chargebacks, disputes), including resolving any escalated issues

Performs proper review and investigates disputed card transactions by collecting sufficient information to explore every opportunity to identify recovery opportunities in order to mitigate/unwarranted losses.

With little supervision and direction, analyzes disputed transactions to determine the appropriate response and backup documentation requirements to defend disputes.

Ensure completion of accurate and complete accounting activity for the bankcards at banners Protect the assets of the company by ensuring that all policies/procedures/regulations pertaining to the administration and processing of bankcard

Ensure adherence to Bankcard policies, internal controls and audit requirements, and service standards at all times Analyze and research all discrepancies/exceptions in the process

Personal Characteristics
The successful candidate must be a proactive self-starter with a dynamic and resilient nature able to work and lead in a fast-paced environment. He/she will possess excellent communication and interpersonal skills in order to engage with stakeholders across the business and provide critical input to business teams. This individual will have a demonstrated ability to manage multiple priorities simultaneously with strict adherence to deadlines.
Professional Qualifications

Master Degree in Finance (Full-time)

Strong verbal & written communication skills

Ability to work well independently/strong/initiative/problem solving skills

Strong figure aptitude, detail oriented and high accuracy levels

Ability to prioritize workload, manage time independently and meet daily processing deadlines

Accounting skills & Basic Finance knowledge

with the following: chargeback processing & analytics, card processing administration

Basic knowledge in retail, banking principles and Cards related business, revenue generation areas, etc. is preferred Educational Credentials

Strong proficiency in Microsoft office suite (Excel, Word, PowerPoint)

Good organizational & Excellent communication skills

Basic financial aptitude with minimum 0 to 1 years of work experience with Retail industry preferably MNCs/GICs, (Sales Audit function working knowledge will be an added bonus)

Personal Competencies

Customer Service - Manages communications with external parties and phone communications with internal stakeholders.

Planning/Organizing - Prioritizes and plans work activities; Uses time efficiently. Work with a sense of urgency and be detail oriented, organized, and efficient. Individual must be able to work independently with minimal supervision. Must be comfortable with high volume and conflicting priorities.

Communication - Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; Responds well to questions; Participates in meetings. Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively; Able to read and interpret written information.

Critical Thinking - Show a desire to solve problems and willingness to develop solutions. Must be willing to ask questions and develop a strong understanding of the business

Educational Credentials: MBA (Finance or Accounting specialization Mandatory)
Office Hours: This role will be expected to work a “North American” shift pattern, approximately 4PM – 1AM IST
Your Life and Career at Saks OFF 5TH:

Be part of an empowered, innovative team; work with an adventurous spirit and a customer-centric mindset; play a critical role in making decisions that will position us to win

Exposure to rewarding career advancement opportunities across different functions within our corporate offices, retail stores, photo studios, and distribution centers

A culture that promotes a flexible work environment

Benefits package for all eligible full-time employees (including medical, dental and vision)

An amazing employee discount and other exciting perks

Thank you for your interest with Saks OFF 5TH. We look forward to reviewing your application.
We believe that our differences not only make us stronger, but also guide our evolution and future growth. All associates are expected to create an inclusive environment free from harassment, discrimination, and bullying.Together, we celebrate, advocate for, and learn from our colleagues, customers and communities to create the best environment to shop and work for all.
Originally posted on Himalayas

Interview prep

Walk in with sharper answers.

Use this as a quick practice sheet before you speak with the employer.

Entry
Technology & IT Accounting Administration Customer Service Data Analysis Excel Entry level

Likely questions

  1. Tell us about work you have done that is close to the Trainee, Bank Card Admin role.
  2. How would you approach your first 30 days at Saks OFF 5TH?
  3. Which of Accounting, Administration and Customer Service have you used recently, and what did it help you achieve?
  4. What have you learned quickly in a past role, project, or training experience?
  5. How do you handle busy days, changing priorities, or pressure at work?

Prepare before the call

  • A recent example that proves your experience with Accounting, Administration and Customer Service.
  • One short story with a problem, your action, and the result.
  • Two examples that show the strengths listed on your CV.
  • A clear reason why this role and company interest you.
  • Your availability, preferred work style, and salary expectations.

Ask them

  • What would success look like in the first 90 days?
  • What are the main problems this hire should help solve?
  • How does the team give feedback and measure good work?
  • What does a normal working week look like for this role?
Practice line

I am interested in the Trainee, Bank Card Admin role because I can bring practical experience in Accounting, Administration and Customer Service, learn the team quickly, and contribute to the outcomes Saks OFF 5TH needs from this hire.

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