Head of Central Processing Centre (Treasury Operations, Domestic Operations, Payment & Collections, e-Business Settlement and Clearing)

RSM is recruiting for its client, a prestige Bank that will start operating in the mozambican market, a Head of Central Processing Centre (Treasury Operations, Domestic Operations, Payment & Collections, e-Business Settlement and Clearing), to be based in Maputo, Mozambique.

Duties

• To efficiently manage the banks back office transactions, overseeing all settlement activity
• Recognition of all general operating expenses and capital expenditures and ensuring correct account classification for all categories of OPEX/CAPEX
• Ensuring regular provisions for all accrual lines, recognition of lease rentals and other prepayments on regular basis (monthly)
• Ensuring regular and timely response to all inter-branch items representing clearing sweeps from branches, interbranch expenses and transfers
• Making regular adjustments on ledger accounts as may be prescribed/required by units as CAD, Intenal Control & Complaince , FINCON and branches
• Monitoring and reconciliation of all suspense accounts, transit accounts, A/C Payables ,A/C Receivables, Prepaid accounts, Sundries, inventories etc. and ensuring timely submission of all such returns/proofs to FINCON & Internal Control and external auditors when required
• Supervision of international money transfers , MT messages, LCs etc. on the swift platform and authorisation of daily teller transactions-corporate/retail
• Ensure efficient cheque issuance process
• Ensuring strict compliance with the bank’s standard operating procedure, policies and regulatory prescriptions
• Supervises and authorise all administrative/expense transactions
• Ensure all expenses are in line with the banks expense policy
• Develop and circulate procedures with respect to expense processing to the branches
• Monitor branch expenses and ensure that they are maintained within approved budget limits
• Review money laundering reportable transactions and ensuring prompt return rendition to NDLEA through Internal Control & Compliance
• Develop and input into the career development of direct reports
• Process all administrative/expense transactions
• Assist in preparation of expense budget for the bank
• Develop and provide career development of direct reports
• Perform other duties as assigned by the COO
• Ensure accurate computation of depreciation and Head Office charges
• Ensure transfers are made to appropriate departments/branches on a timely basis
• Ensuring daily call-over of teller transactions and daily review of teller transactions as well as immediate correction of any observed exceptions/anomalies
• Ensuring strict compliance with the bank’s standard operating procedure, policies and regulatory prescriptions
• Supervise account payment entries
• Consolidate all settlement operations and render returns to CENTRAL BANK periodically
• Prepare regular reports for management attention
• Development and implementation of strategies that will drive the banks’ collections
• Develop and implement an efficient and effective e- Business settlement framework bank-wide
• Ensure that Inter bank Settlements are effective and accurate
• Liaise with the bank’s correspondent banks on clearing & settlement issues

Requisites

• First degree in any Business related discipline
• Masters in Business Administration or Banking & Finance and professional qualification will be an added advantage
• Minimum of 7 years experience in a bank/financial institution
• Experience in banking operations will be an added advantage
• Good knowledge & understanding of banking operations (Domestic and International Operations)
• Understanding of Automated Clearing System (NACS)
• Process Management and documentation skills
• Good Communication Skill (Oral & written)
• Excellent customer service
• Good accounting skills
• Good understanding of the Inter bank Settlement System Payments systems

Notes

• Only short listed applicants will be contacted