Job Purpose
Ensure
timely processing of Payments, Trade & TBO transactions in line with
current policies and procedure.
Key responsibilities:
Financial
& Management Development:
- Enhance the bank’s revenue targets by ensuring 100% revenue
collection for all treasury products.
- Ensure complete and accurate processing of all payment, trade &
TBO finance transactions and collection of commissions thereof.
- Eliminate financial losses emanating from processing fraudulent
transactions.
Customer
Perspective:
- Provide a high quality of service to all clients within agreed SLAs.
- Customer complaints be resolved within TAT.
- Ensure high quality of communication to internal and external
clients, both verbal and written.
- Take ownership when dealing with queries, offer suggestions and
conclude constructively by investigating and resolving whilst protecting
the bank’s reputation.
- No exceptions and incidents with respect to adherence to the service
charter regarding customer satisfaction.
Operational
Excellence:
- Confirm, monitor contract settlements and reconcile entries to
confirm receipts and payments.
- Nostro accounts reconciliation
- Ensuring complete and accurate processing of all payments, trade
& TBO contracts and related transactions in the swift and core banking
system.
- Ensure opening and closing FX rates maintenance
- Prepare and submit regulatory reports on time
- Ensure all title documents are handled as per bank procedure and
held under dual control.
- Ensure that all due diligent checks have been conducted with regard
to compliance.
- Deal confirmation matching.
- Co-ordinate with other departments to ensure smooth and timely
execution of client instructions.
- Query resolution and analysis
- Prepare audit reports for counterparties
Risk
and Control:
- Custody of payments, trade & TBO contracts – Responsible for
ensuring safekeeping of treasury trade documents within the department.
- Ensure minimal errors by ensuring accuracy in Payment, trade &
TBO deals capturing in swift and core banking system.
- Ensuring departmental compliance to both local and external
regulatory requirements e.g. Anti-Money Laundering, US sanctions, CBK
guidelines.
- Ensure that monthly reconciliation schedules and risk attestations
are carried out and submitted.
Learning
and Development:
- Execution of any other duty as allocated from time to time by senior
management.
- Keeping up with any developments in the department so as remain
informed and relevant.
- Provide support to the team leader ensuring effective teamwork
across the payment, trade & TBO.
- Support and adopt the implementation of change initiatives.
- Provide suggestions to the line manager on improvements and
solutions based on knowledge of payment, trade & TBO.
- I continuously look for opportunities to further develop own skills
and expand knowledge base.
- Obtain constant feedback on personal development from your line
manager and other team leaders.
- Train and develop back-ups within the department to ensure
continuity of business.
Direct Reports to this
Position
Payment,
Trade & TBO Officers
Customers of this Position
Treasury,
Correspondent Banking, Finance, Credit, all branches.
Knowledge; Skills and
Experience required for this Role
- Proficiency in computer packages e.g. MS Word and Excel
- Accuracy
- Attention to details
- Ability to work under pressure
- Ability to meet specified deadlines to contribute to attaining
organizational goals.
- Business graduate and postgraduate from an accredited University
- Excellent Communication skills
- Minimum of five years of working experience in payments, trade and
TBO.
- Professional qualifications – Specialist training e.g. ACI
Operations, Trade CDCS, CSDG etc. as an added advantage.
- Excellent interpersonal skills
Competencies required for
this Role
- Team spirited
- Eager to learn, coach and mentor
- Pro-active
Problem Solving
- Analytical
- Self-Driven
- Professionalism
- Innovation
Accountability
- Delegated Authority.
- Custody of payments, trade & TBO documents
How to Apply
