Summary
Date Posted: Friday, November 27, 2020 , Base Salary: Not Disclosed

JOB DETAILS:
Ecobank Zambia is a full-service bank providing a broad range of products and Services to Consumer, Commercial and Corporate business segments within its branches and through its digital platforms.
The bank’s vision is to build a world-class Pan-African bank and contribute to the economic development and financial integration of Africa by providing customers with convenient, accessible and reliable financial products and services. The bank is an affiliate of the Pan-Africa Leader Ecobank Group which is present in 33 Countries in Africa.
In order to respond to our growing market with the required human capital, we are currently looking for an experienced professional in the following area:
Head Cash Management Operations
DATE November 2020
GENERAL JOB INFORMATION
Job Title Head Cash Management Operations
Reports to Head Operations
Location Lusaka, Zambia
Direct Reports TBA
JOB PURPOSE
Efficient and effective management of the Cash management unit in line with the policies, process and procedure of the Ecobank Zambia Limited .

KEY RESPONSIBILITIES
Key Activities
• Efficient and effective management of the Cash management unit.
• Ensure that all incoming/outgoing MT103/MT199) are processed on a daily basis
• Ensure that all outgoing payments through all Ecobank electronic payment channels (Ecobank online, OBDX, iBPS etc.) are processed on a daily basis.
• Ensure all transfers and SWIFT messages in iBPS are cleared before close of each business day-those with issues should be escalated to the right department/Branch
• Ensure timely resolution of all failed transaction outstanding on the Nostro accounts (no item should be outstanding for more than 48 hours)
• Adhere to appropriate processes & procedures e.g. Key Risk Indicators (KRI’s) to control and manage the key operational risks in the Cash Management departments including errors and fraud.
• Ensure daily, monthly and quarterly Departmental Control Function Checklists are submitted to the Head Operations Control.
• Keep abreast with local, regional and international market developments around Cash Management products and ensure that Ecobank stays ahead of these development
• Management of the Clearing unit (Cheque clearing and Electronic funds transfer)
• Monitor and review clearing GLs on daily basis ensuring that no items are outstanding for more the 48 hours
• Manage reconciliation and proofing of Clearing GLs
• Authorization of clearing, EFT(DDACC) and SWIFT payments
• Must be the first contact for all cash management operations products
• Manage succession plan, training and coaching of the unit

Skills, Capabilities & Personal attributes
• Demonstrated ability to work with team members from other areas e.g. the front office business to accomplish common objectives
• Ability to work on many tasks simultaneously in a high-pressure environment
• Ability to carry out the responsibilities of this position with little direction
• Ability to lead by self-initiative
• Must possess excellent written and oral communication skills in English.
• Strong organization skills

JOB PROFILE
Experience & Qualifications
• 3 years’ experience in a supervisory role in Operations Department preferably cash management operations with exposure to a variety of business functions.
• Good knowledge of banking practice and theory, rules and policies and local regulations.
• Good knowledge and understanding of the concepts of Cash Management products and their uses
• Proper understanding of SWIFT messaging formats and standards
• Good understanding of clearing and inter-bank payment systems
• Minimum of a University Degree

Job Education Requirements: Not Specified

Job Experience Requirements: Not Specified

Work Hours: 8

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Job application procedure
If you meet the requirements and would like to be part of the Pan African Bank, please complete the questionnaire in the link below and forward your updated Cover letter/CV to JHRZambia@ecobank.com no later than Wednesday, December 9th, 2020 by close of business.
Please note that only shortlisted candidates will be contacted.

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