Senior Associate, Clearing and Posting

Job Description

Key Accountabilities

   Process the inward clearing cheque in Technical Clearing and approve or reject accordingly

   Process the outward clearing cheques (PDC/BD).

   Handle all telephone/mail inquiries related to inward.

   Reconcile the paid physical inward clearing cheque against PS-ECC report

   Reconcile the inward clearing cheque balance from PS-ECC against the inward suspense account in equation on daily basis.

   Process new PDC booking and cancellation.

   Apply the updated charges for new PDC booking and cancellation as per schedule of tariff in CB Net.

   Process Ministry & Private sector salaries 

   Process Pay card salary using file upload

   Process PRIME postings manually

   Process normal non WPS salaries

   Process WPS payrolls

   Process transaction vouchers received from various Departments (internal)

   Ensure cash letter, outward/inward cheque collection and salary list payment received from branch or other Departments are complete and in order

   Ensure required entries (booking, settlement, cancellation, salary list payment, etc) are processed in related systems 

   Arrange the preparation of collection memo and dispatch of the cheque to the correspondent bank via mail room

   Arrange the preparation of messages via Swift to concerned banks 

   Ensure regular follow-up if funds are received via NOSTRO Acct through Accounts Department

   Verify the details of payment messages before transmitting to concerned banks.

   Perform an assigned task as and when required by the Supervisor/Manager.

   Liaising with frontend business team to improve customer experience.

   Ensuring that all transactions are in line with the approved SOP with agreed TAT with business.

   Achieving a high level of processing accuracy.

   Availability of staff at all times to meet the Unit’s SLA.

Skills

Other Accountabilities

Qualifications:

Minimum Qualifications:

Bachelor degree in Commerce or Banking

Minimum Experience:

•   Minimum 3 years in cheque processing

•   At least 2 years of experience as a processor within Operations

Knowledge, & Other skills:

•   In-depth knowledge of cheque processing

•   MS Office proficient.

•   Proficiency in written and spoken English.

•   Ability to interact with internal and external stakeholders.

Key Interactions

Competencies

Communication

Interpersonal Skills

Listening Skills

Teamwork