Saturday , April 13 2024

Standard Bank Jobs Johannesburg – Officer, Cross Border Payments Processing

Website Standard Bank

Job Description:

Processing of the daily work received in the outward payments space , and ensuring risk mitigation through processing transactions within the relevant currency cut off times.

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Job Responsibilities:

  • Get the next transaction pending capture from the processing hub
  • Ensuring that work is captured accurately by using the relevant checklist
  • In verification process, if payment is within self-release limit, if an error is identified, the transaction must be corrected.
  • In verification process, if payment is within self-release limit, if no errors are identified ,the transaction must be released within laid down service level agreements on the relevant systems ,namely ,workflow ,retail forex system ,Trade Finance , Eximbills Enterprise and foreign Exchange Dealing System
  • Minimising risk by adhering to laid down procedures in terms of:
  • Adherence to the Direct Dealing list and system validation,
  • Special instructions from clients,
  • Group Reference Guide and International Standards Organisation (ISO ) working instruction
    Exchange Control Rulings
  • Ensure that at the end of each day. all transactions in individual queue is processed and those pending have valid comments for not processing.
  • Ensure that all routine controls relative to the service area are applied effectively to ensure that risk is minimised.
  • Ensure that all preventative measures are utilised to avoid fraudulent transactions.
  • Complete relevant compliance training within respective deadlines.
  • Minimising risk by adhering to laid down procedures in terms of Exchange Control.
  • Ensure that all returned for correction transactions are immediately attended to.
  • Immediate escalation of unresolved payment related issues to the team leader and line manager
  • Immediate escalation of system downtime to the team leader and line manager.

Job Requirements:

  • Diploma in Banking
  • White Belt Training Six Sigma (Advantageous)
  • A minimum of 1 years’ experience within a foreign payments environment as well as Society for worldwide international financial telecommunications (SWIFT).
  • Experience with Retail Forex System, Trade Finance system, Intellimatch, and Bank credit systems.

Job Details:

Company: Standard Bank

Vacancy Type:  Full Time

Job Location: Johannesburg

Application Deadline: N/A

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