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Payments & Clearing Officer

Closing: Nov 8, 2022

This position has expired

Published: Nov 4, 2022 (28 days ago)

Job Requirements

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Work experience:

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Job Summary

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Summary: Timely and efficient posting and processing of RTGS, Telegraphic Transfers, Salary Processing and Clearing transactions in line with operational guidelines and procedures.


Minimum Education Qualification:

Bachelor’s Degree in a Business related Course

Experience

  •  Two years practical (on-the-job) Operations experience, preferably within Transaction processing.
  •  Good Knowledge of Bank of Uganda Clearing guidelines and international transfer procedures.


Responsibilities

Summary: Timely and efficient posting and processing of RTGS, Telegraphic Transfers, Salary Processing and Clearing transactions in line with operational guidelines and procedures.


Minimum Education Qualification:

Bachelor’s Degree in a Business related Course

Experience

  •  Two years practical (on-the-job) Operations experience, preferably within Transaction processing.
  •  Good Knowledge of Bank of Uganda Clearing guidelines and international transfer procedures.


  • Plan, Review, and monitor adherence to bank control system/procedures in Salary payments, Cheque clearing, EFTs, RTGS and TT transfers in line with bank policies and BOU clearing house rules and regulations.
  • Verify payment instructions as per BOU/International payment rules and regulations and Bank policy
  • Process Payments instructions as per BOU/International payment rules and regulations and Bank policy
  • Monitor ALL payments GLs daily and give full account of the outstanding items within the rules
  • Monitor and supervise the Bank Payment systems and ensure all commissions are earned as per bank policies.
  • Receive and attend to customers Queries and general information inquiries in line with the bank policy.
  • Verify the Cheques received from branches and advise any branch which may have any irregularities in its postings to rectify.
  • Call over daily transactions posted transactions as per bank call over policy.


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