Banking Officer - Reconciliations job at Tropical Bank Limited


Tropical Bank Limited

Banking Officer - Reconciliations job Post

Location:  Jobs in Uganda 2023 - 2024


Work Hours: Full-time, 08 hours per day

Salary: UGX

No. of vacancies: 01

Deadline: 07 July 2023

Hiring Organization: Tropical Bank Limited

Job Details:

MAIN PURPOSE OF THE JOB
To maintain a good control environment to ensure that risk is effectively managed, through smooth operations of the Head Office reconciliations (NOSTRO and Other GL Accounts) in accordance with laid down process flows, policies and procedures.

DUTIES AND RESPONSIBILITIES
• Reconcile all Nostro and allocated general ledger accounts as per the set frequency as per bank’s policy and procedures. (Agency Banking, Omni channels reconciliation, Money transfers, Utility reconciliations).
• Actively follow up all outstanding transactions with the responsible teams to ensure that there are no long outstanding items as per ageing analysis.
• Escalation of suspicious and unresolved items that have been previously advised to departments.
• Prepare monthly escalation, RCSA and KRI reportsfor review by Supervisor as per stipulated timelines.
• Monthly archival of all Unit reports and other documents.
• Comply withAML/CFT/CPF policies and procedures, non-complianceof which shall be addressed as per the bank disciplinary processes.
• Track and monitor audit and BoU exceptions and ensure compliance/closure as per stipulated timelines.
• Participate in projects or other departmental initiatives e.g. process review
• Fully participate in BCP in the department.
• Observe that department costs are reasonable and properly managed by keeping costs to a minimum, recycling resources where possible and sourcing for only what is required.
• Ensure proper management of the assigned fixed Assets.
• Ensure compliance with Operations, Risk, Compliance, Security, AntiMoney Laundering, KYC, Policies and Procedures.
• Comply with service level agreements to ensure delivery at set times.
• Submit reconciliations daily as per stipulated timelines.
• Participate in internal training and initiate need for external trainings.
• Take leave as scheduled and ensure that there are no backlogs.
• Perform any other duties that can be assigned from time to time

KEY PERFORMANCE INDICATORS
• Financial - No losses due to reconciliation failure or unidentifiable reconciliation items, deposit mobilisation, open new accounts.
• Customer – Submit all reports within the set timeframe, engage stakeholders.
• Processes – Audit, Risk and compliance ratings, closure of audit findings.
• People - No leave backlogs, time management, training.

PERSON SPECIFICATIONS
Academic Qualifications

• Bachelor’s Degree in Commerce/Business Administration or any related field.

Experience
• Good accounting knowledge
• Exposure in ICT especially Microsoft packages like Excel, word, outlook.

Behavioral competencies
• Multitasking capability – Ability to perform multiple tasks concurrently with accuracy
• Analytical skills – Keep attention to detail and able to conceptualize and provide viable solutions.
• Good accounting knowledge
• Person ethics – must be time conscious, diligent and demonstrates a high degree of integrity in work business contacts.
• Good communication.
• Interpersonal skills – must be a people’s person, with ability to interact with team members.
• Good decision maker – able to make fast/quick decisions.
• Must be fluent in English.

Application procedure

If you believe you meet the requirements for any position above, please submit a Hard copy of your application letter and CV at the Reception of Kampala Main Branch (Head Office).
Applications should be addressed to;
Head Human Resource
Tropical Bank Ltd
Plot 27 Kampala Road
P.O. Box 9485 Kampala.

Closing date for receiving applications is: : Friday, 7thJuly, 2023

Please Note the following:
• Only hard copy Application letters and CVs will be considered.
• Tropical bank does not ask for money or rewards in exchange for Job opportunities.
• Only shortlisted candidates will be contacted.

Date Posted: 2023-07-03

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