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Team Leader Payments and Clearing job at I&M Bank Uganda | Apply Now

Are you looking for Bank Jobs in Uganda 2024? If yes, then you might be interested in Team Leader Payments and Clearing job at I&M Bank Uganda

Kampala, Uganda

Full-time

Deadline: 

1 May 2024

I&M Bank Uganda, formerly Orient Bank, whose complete name is I&M Bank Limited, is a commercial bank in Uganda which is licensed by the Bank of Uganda, the central bank and national banking regulator.

Team Leader Payments and Clearing job at I&M Bank Uganda

I&M Bank Uganda

To supervise all Payments and Clearing processes, Authorize Clearing Cheques, EFT, RTGS, TT payment services and salary Transfers in line with bank policies and procedures.

  • Plan, Review, and monitor adherence to bank control system/procedures in Cheque clearing, EFTs, TTs, RTGS and other local transfers in line with bank policies and BOU clearing house rules and regulations.

  • Verify and thereafter authorize incoming RTGS instructions as per BOU rules and regulations and Bank policy

  • Ensuring quality and excellent service delivery to all customers (Internal& External)

  • Authorize outgoing RTGS, EFT, TT and Salary transfers in the Core banking system and in the SWIFT & BOU platforms as per rules, regulations, and bank policy.

  • Review & monitor the affected Clearing /Remittance GLs daily for nay outstanding items.

  • Review the General Ledger transactions, reconcile affected accounts on daily basis and generate reports in line with the bank guidelines.

  • Monitor the Bank Payment systems and ensure all commissions are earned as per bank policies.

  • Receive and attend to Customers Queries /Complaints and general information inquiries in line with the bank policy and SLA.

  • Ensure call back is done before effecting any transfers in line with the approved contacts.

  • Ensure that all outgoing transfers are posted off customers’ accounts through the banks’ core banking system before routing the same to the beneficiaries.

  • Ensure that all in ward Cheques, TT, Direct Debits & EFTs received from BOU are posted by debiting BOU and crediting the respective Customers’ accounts within the SLA to avoid regulatory penalties for noncompliance.

  • Conduct weekly unit meetings and trainings.

  • Advise any branch, which may have any irregularities in its postings while processing out going cheques to rectify.

  • Ensure monthly regulatory reports are prepared and submitted as per the SLA.

  • Ensure correspondences are properly filed and communicated where escalation is required.

  • Conduct unit staff performance reviews and proper leave management for seamless business continuity.

  • Ensure Acceptable Audit rating with no repeat findings.

  • Conduct User Acceptance Tests for all department related system enhancements.

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SERVICES

COMMERCIAL

SERVICES

INDUSTRIAL

SERVICES

RESIDENTIAL

SERVICES

COMMERCIAL

SERVICES

INDUSTRIAL

SERVICES

RESIDENTIAL

SERVICES

COMMERCIAL

SERVICES

COMMERCIAL

SERVICES

COMMERCIAL

SERVICES

COMMERCIAL

SERVICES

INDUSTRIAL

SERVICES

RESIDENTIAL

  • Minimum of bachelor’s degree in business course or its equivalent in related course.

  • MBA or MSC in a relevant field or Professional qualification will be an added advantage.


Work Experience:

  • At least 6 years working experience in a commercially oriented organization mainly in the related field in operations function with at least 3 years at supervisory level.


Required Competencies (Knowledge, Skills & Abilities)

  • Hand-on experience in back-office Operations

  • In-depth understanding of clearing and local transfers

  • Banking Operations & Control Policies

  • Good knowledge of local payment systems

  • Computer proficiency

  • Analytical/problem solving.

  • Interpersonal skills

  • Supervisory skills

APPLICATION FOR THIS POSITION MUST BE DONE ONLINE:
Are you interested? Click the "APPLY" button below to submit your application.

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