Manager Clearing

1. KEY RESPONSIBILITIES:

• Timely & accurate processing inward clearing items (cheques, EFTs, direct debits & and unpaid) to customer’s accounts as per approved system limits and laid down procedures.

• Monitoring all RTGS transactions on hold and unauthorized transactions to ensure timely completion of transaction exceptions.

• Monitoring all Clearing and RTGs reconciliations to ensure timely closure of outstanding items in related suspense accounts.

• Accurate authorization & remittance of clearing transactions in sybrin and KACH systems to avoid regulatory penalties.

• Accurate & timely processing of transactions in T24, mobile portals, sybrin, Direct credit engine & Sopra systems to mitigate against frauds and losses to the bank.

• Timely preparation and submission of both internal & regulatory reports to stakeholders as per set frequency ie NPSM, Telecom returns, operational payment statistics, RCSA & contingency returns.

• Ensure timely actioning of URA 3rd party agency notices to avoid regulatory fines.

• Monitoring instant card printing to ensure timely delivery to branches & compliance to the control processes in place.

• Close monitoring of BOU running balances to ensure that all accounts are sufficiently funded before approving payments in swift & RTGS.

• Drive a high performance and career development culture through offering leadership, coaching, mentoring and routine staff performance assessments.

• Develop and maintain up-to-date procedures and guidelines for processing transactions in the unit and implement initiatives that enhance operational efficiency.

• Identify, mitigate and report on risks associated with tasks in the unit through appropriate channels & tools.

• Query management and ECRM case closure as per set SLA.

1. MINIMUM POSITION QUALIFICATION REQUIREMENTS

1. Academic & Professional

RQ

Notes:

4. Need Types are: RQ = Required, AA = Added Advantage

1. Experience

Total Minimum No of Years’ Experience Required

4 years 

Area

Minimum No of Years

Need Type[2]

Branch banking

1

ES

BOU clearing

3

DE

Notes: Need Type:            ES=Essential, DE=Desirable but not essential