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