KEY RESPONSIBILITIES:

• Review and reconcile all card, clearing, mobile and other assigned suspense accounts on a daily basis and ensure that suspense items do not exceed the established timeline designated for each type of exception.
• Check outstanding entries in card, Mobile and MTS accounts assigned and liaise with involved parties for action and ensure entries for cards, mobile and MTS transactions are accurately reconciled.
• Process card related settlements and ensure timely reversal of exceptions.
• Support branches in settlement and timely resolution of queries relating to acquired transactions on their ATMs.
• Prepare and submit reconciliations to the unit manager on a daily and weekly aging analysis returns for assigned accounts.
• Participate in the analysis and review of existing reconciliation processes/procedures/guidelines in order to assess the strength of the controls and identify areas for improvement.
• Actively participate in automation initiatives geared towards improving the control environment and overall reconciliation experience.
• Participate in timely presentation of end month reports and returns where applicable to Finance department.
• Participate in the identification, reporting and control of key risks within the Operations department.

MINIMUM POSITION QUALIFICATION REQUIREMENTS

a) Academic & Professional

Particulars

Detail

Specific Field or Qualification

Need Type

Education

Bachelor’s Degree

Business Administration/ equivalent, or any other degree with a quantitative/Mathematical bias.

Required

Professional Qualifications

Accounting

Master’s Degree

Business related

b) Experience

Minimum of 3 years in Banking Operations (General Banking and Reconciliations).

• Review and reconcile all card, clearing, mobile and other assigned suspense accounts on a daily basis and ensure that suspense items do not exceed the established timeline designated for each type of exception.
• Check outstanding entries in card, Mobile and MTS accounts assigned and liaise with involved parties for action and ensure entries for cards, mobile and MTS transactions are accurately reconciled.
• Process card related settlements and ensure timely reversal of exceptions.
• Support branches in settlement and timely resolution of queries relating to acquired transactions on their ATMs.
• Prepare and submit reconciliations to the unit manager on a daily and weekly aging analysis returns for assigned accounts.
• Participate in the analysis and review of existing reconciliation processes/procedures/guidelines in order to assess the strength of the controls and identify areas for improvement.
• Actively participate in automation initiatives geared towards improving the control environment and overall reconciliation experience.
• Participate in timely presentation of end month reports and returns where applicable to Finance department.
• Participate in the identification, reporting and control of key risks within the Operations department.

• Bachelor’s Degree in Business Administration/ equivalent, or any other degree with a quantitative/Mathematical bias.
• Professional Qualifications in Accounting (Added Advantage)
• Master’s Degree in Business related (Added Advantage)