Job description

Description

Job Purpose:

To process the daily operations requested by the concession committee, and perform cross checking of payments of incoming Cheques to maintain customer satisfaction and mitigate any potential risk.

Job Description:

Pricing Maintenance & Cross Checking
1. Setup the waive of the Cheques collection fees in accordance to the concession committee to maintain customer satisfaction.
2. Trace the concession memos that are close to the expiry date to obtain renewal or deletion on the system to ensure alignment between the system setup and approved concessions.
3. Perform the proofs and ensure that all physical incoming Cheques, incoming trade bills, and funds transactions are matching with processed records in the system to report any missed transactions and mitigate any potential risk.
4. Escalate any invalid payments to mitigate any operational risk.
5. Report any system errors and follow-up with the IT and vendors to ensure that transactions are carried out accurately.
6. Preserve accurately the checked cheques and trade bills based on the processing dates for efficient and secure custodian.
7. File and copy all paid Cheques and trade bills in case it was needed for any legal proceedings.
Policies, Processes and Procedures
8. Follow all relevant department policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
Day-to-day Operations
9. Follow the day-to-day operations related to own jobs in the department to ensure continuity of work.
Compliance
10. Comply with all relevant CBE regulations, banking laws, AML regulations and internal CIB policies and code of conduct in order to maintain CIB’s sound legal position and mitigate any potential risks.

Qualifications & Experience:

§Bachelor’s degree of Commerce, Business Administration, Accounting, Economics, or its equivalent

§Minimum 2 - 4 years of relevant banking operations experience

§Good knowledge of accounting principles

Skills

• Good command of English and Arabic languages

  
  

• Proficient user of MS Office

  
  

• Detail oriented