Purpose of the Job:
To ensure that the bank meets the financial obligations it owes to customers and other banks by effecting accurate and on-time settlement and clearance of cheques and payments through the Account Transfer System (ATS).
Main Duties that will drive the achievement of the results:
· Schedule and monitor daily cheque clearance and bulk transaction activities.
· Authorize outgoing payment of Head Office and branch Real Time Gross Settlement (RTGS) transactions through the core banking system.
· Communicate with Treasury Department and initiate appropriate action to ensure the availability of
sufficient funds in the payment and settlement account.
· Check if incoming and outgoing cheque payments are in agreement with the payment and settlement account.
· Communicate with branches, head office and other stakeholders (clients, National Bank of Ethiopia) for smooth settlement of payments.
· Monitor the delivery of incoming cheques to respective branches and the arrival of outgoing other banks’ cheques from branches to head office.
Qualification and experience:
Education: Bachelor’s degree in Accounting and/or Finance
Experience: Two (2) years of relevant experience
Professional Qualification: N/A
Specialized Knowledge: Understanding of the Banking sector and principles of accounting practice
Competencies:
· Technical/Professional Knowledge and Skills
· Managing Work (includes Time Management)
· Building Trust
· Applied Learning
· Contributing to Team Success
· Building Customer Loyalty