Fresher Team Leader Clearing Career Placement – DFCU Bank

Job Title:             Team Leader Clearing
Organisation: DFCU Bank
Duty Station: Kampala,
Uganda
Reports to: Payments Manager
About US:
DFCU bank is a fast growing commercial bank offering a variety of
innovative products and services. DFCU Limited was started by the Commonwealth
Development Corporation (CDC) of the United Kingdom and the Government of
Uganda through the Uganda Development Corporation (UDC) under the name of
Development Finance Company of Uganda Limited. Later restructuring brought in
DEG (of Germany) and International Finance Corporation (IFC) as equal partners
with CDC and UDC, each having a 25% stake in the company. Its objective was to
support long-term development projects whose financing needs and risk did not
appeal to the then existing financial commercial lending institutions.
Job Summary: The Team Leader
Clearing will primarily ensure prompt settlement of all clearing instruments
(EFTS & Cheques) while adhering to controls and all regulatory guidelines
in order to safeguard the bank against any risks or loss.
Key Duties and
Responsibilities:  
Cheques:
  • Review,
    verify and authorize outward clearing cheques as per policy.
  • Reconcile
    clearing accounts.
  • Verify
    and authorize inward cheques within limit.
  • Monitor
    outward upcountry cheques to ensure they are presented in the
    clearing house.
  • The
    jobholder will also verify outward clearing cheques before they are
    presented in the clearing house.
  • Verify,
    confirm and authorize inward clearing cheques within limit.
  • Verify
    and confirm that all inward clearing cheques are properly signed before
    they are filed.
  • Prepare
    periodical cheques clearing reports.
  • Review
    unpaid register to ensure that all bank charges are covered.
  • Ensure
    timely calling of posted cheques.
  • Call
    back drawers for cheque confirmation for amounts that meet the banks’
    threshold.
  • Handle
    customer queries.
EFT credits:
  • Verify
    and authorize captured EFT credits in the Cheque system.
  • Verify,
    consolidate and post verified rejected EFT files.
  • Review, monitor and reconcile EFT GL
    accounts daily.
  • Review
    and return unpaid EFTs.
  • Handle
    customer issues relating to EFT credits.
  • Follow
    up unpaid LG EFTs with the respective branches.
Local Government (LG) EFTs:
  • Verify
    and confirm LG confirmation schedules.
  • Post
    the confirmed LG EFT instructions.
  • Prepare
    return for outstanding LG EFT instructions on daily basis.
  • Tasked
    with filing of processed LG EFT instructions together with their
    confirmation schedules.
  • Prepare
    and circulate large transaction EFT report to branches daily.
  • Call
    rejected EFT reports.
  • Prepare
    transaction EFT credits.
  • Capture
    outgoing EFT transactions in Cheque IT.
  • Reconcile
    outward EFT credits.
Qualifications, Skills and
Experience:
  • The applicant for the DFCU Bank Team
    Leader Clearing job opportunity must hold a University degree
  • At
    least two years’ experience in a Financial Institution
  • In-depth
    knowledge of the clearing processes.
  • Analytical,
    Careful and Attentive to detail.
  • Computer
    knowledge i.e. MS word, Excel and Access
  • Speed
    and accuracy
  • Excellent customer care skills
  • Excellent
    communication skills
How to Apply:
All candidates who so wish to join the banking sector in the
aforementioned capacity are encouraged to send their applications with detailed
CVs including present position and copies of relevant professional/academic
certificates to: Vacanciesbank@dfcugroup.com
Deadline: 14th July 2017
For more of the latest jobs, please visit https://www.theugandanjobline.com or
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