Associate Payments

Job SummaryThe purpose of this role is to validate & process payment request received through various internal channels across the bank.Key AccountabilitiesCustomerBack office – Mostly focused on internal service delivery.Internal ProcessFocuses on process accuracy, integrity & efficiency.Learning and DevelopmentEmployee to identify training and development needs apart from what is recommended by line manager. Maintain effective work relationships with other individuals/teams within the BankFinancialRecommends or influences expenditure but has not direct expenditure authority. Primary responsibility is to control cost and prevent wastageOperational ProceduresReview documents received through Documentum and process the payment as per SOPReview documents and raise request for missing details as per SOPAll Online payments which are falling the error queue needs to be validated and formatted per SWIFT standardsPrepare SWIFT messages for all manual payments as per SOPSetup Standing Orders as per request received from branchesPrepare Manager’s Cheque as per request received from the clientsIndex the documents received from branches and notify dealers for all high value transactions as per SOPPrepare accounting entries for AML rejected payments and forward to approver for review and actionFollow-up with branches to close out any queries raisedEnsure all payments received are processed within cut-off time and identify areas/process improvement, document them and submit to line manager. Assist with UAT on process/system changes, or as required by internal policyReconcile all related suspense/GL accounts in the required frequency and ensure that all receivables and payables are accounted for in the reconciliation statementEducationBachelors DegreeRequired Experience2-3 years#J-18808-Ljbffr