Summary
Date Posted: Tuesday, June 14, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary
Daily (80%)
• Investigate and reconcile all NOSTRO/SFI/SWIFT outstanding items for the team and ensure timely resolution.
• Investigate and reconcile all outstanding fees and charges passed to the account from our correspondent banks and ensure timely resolution.
• Raising and authorizing manual and SFI entries on all currencies on NOSTRO.
• Processing of MT199/MT202 and MT299’s
• Processing of direct charges off NOSTRO accounts.
• Investigate all returned cross border funds and advise branches and relationship managers on all findings as per SLA.
• Reconstruction of all returned funds processed via integrator, internet banking, by various branches and inward returns.
• Responding to all SWIFT queries received from correspondent banks.
• Advise compliance on all outstanding items on NOSTRO which are results of sanctions delay.
• Preparing breakdowns of NOSTRO outstanding items related to individual desks for management action.
• ACM-you will be required to perform any other work assigned to you in line with AOM, plus any other duties that may be provided by line manager from time to time.
• Daily (20%)
• Ensure that you look at NOSTRO and other suspense accounts that affect your role , investigate and resolve all outstandings
• Ensure that you adhere to the new Best Practice Standards and SDV policies when processing your work
• Preparing team returns and MI, and EOD Report.
• Understand risks and controls of domestic payments roles, including circulars and compliance policies.
• Actively participate in team events and morning hurdles
• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Absa Operational Risk Framework and internal Absa Policies and Standards.
Education
Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

Job Experience: No Requirements

Work Hours: 8

Level of Education: Professional Certificate

Job application procedure
Submit your CV and Application on Company Website : Click Here
Closing Date : 30th June, 2022

All Jobs

QUICK ALERT SUBSCRIPTION