No Experience Disbursement Inputter Job Opportunities – Barclays Bank UK

Job Title:       Disbursement
Inputter
Organisation: Barclays
Bank UK
Duty Station: Kampala,
Uganda
Reports to: Manager,
Disbursements & Collections Postings
About Barclays UK:
Barclays is a
British multinational banking and financial services company headquartered in
London. It is a universal bank with operations in retail, wholesale and
investment banking, as well as wealth management, mortgage lending and credit cards.
It has operations in over 50 countries and territories and has around 48
million customers. As of 31 December 2011, Barclays had total assets of US$2.42
trillion, the seventh-largest of any bank worldwide.
Job Summary: The Disbursement Inputter will credit approved loans onto Customer loan
accounts to contribute to business growth in line with the Barclay’s policies
and procedures and to post collection payments received to achieve impairment
targets.
Key Duties and Responsibilities: 
Crediting approved loan applications (40%)
  • Confirm loan details or type loan i.e.
    secured, takeover or unsecured.
  • Create loan account for loans that are
    to be disbursed.
  • Disburse all loans applications that
    meet the required criteria and update the system and the CAM report with
    stamp signature.
  • Adhere to timelines for crediting
    secured loans after security perfection certificate and safe to lend
    documentation have been received.
  • For new loans check for salary credits
    to ensure that salaries are received through Barclays before loan account
    has been opened.
  • Confirm that the outgoing RTGs amount is
    in line with the outstanding amount on the loan statement for takeovers.
  • Confirm that the outgoing RTGs amount is
    in line with the balance on the top up for all existing borrowers.
  • Forward all applications that do not
    meet the requirements to the receipt desk for outbound courier after
    updating the system (including loan tracker).
  • Remit insurance premium and stamp duty
    for the month to the insurer and URA respectively.
  • Conduct post disbursement call over to
    ensure accuracy of all information captured during the loan processing
    chain (standing order amount, insurance fees, interest rates, loan
    duration, amount borrowed) using the Loans disbursed and the insurance
    premium.
  • File loan applications that have been
    disbursed for future reference.
Data Capture (35%)
  • Create loan account for loans that are
    to be disbursed.
  • Disburse all loans applications that
    meet the required criteria and update the system and the CAM report with
    stamp signature.
  • Scan Reconciled RTGS on a daily and have
    these sent through by 3.00p.m for on ward processing by your authorizer.
  • Receive payment schedules and
    instructions from the collections team whenever posting.
  • Confirm that totals on the payment
    instructions and schedules attached tally before posting.
  • Ensure that the signatures have been
    verified on all authorized instructions/cheques before proceeding to post.
  • Return all Payment instructions that
    don’t meet requirements to your Supervisor for correction.
  • Receive duly signed collection payments
    instructions from the Team leader for Posting.
  • Ensure accurate and timely posting of
    daily and month end collections to achieve the RCT Impairment target.
  • Ensure all scheme loan cheques received
    by 3.00 p.m are posted same day.
  • Ensure that clearance cheques, drafts
    are put on schedule and delivered to Sybrin same day by 3:30 p.m.
  • Ensure proper filling of every
    documents; loan files /sheets processed by self for purposes of records
    management and a clean audit report.
  • Identify any schedules with items not
    posted due to closed, invalid and missing accounts whenever they arise to
    your supervisor.
  • Ensure loans to re-align and write-off
    are posted off with in 48 hours.
  • Ensure loans to delink, place holds and
    lifting are posted same day received.
  • Ensure all over draft applications are
    processed on time and comply with OD processing checklist.
  • Achieve a satisfactory Audit Rating
Control (10%)
  • Ensure reconciliation of the General
    Ledgers if any is assigned to you.
  • Confirm that the amount credited to the
    customers loan account is the same as that on the loan schedule from the
    companies.
  • Ensure that all necessary debits off the
    scheme loan GL have been effected into the individual loan accounts
  • Forward all suspicious transactions to the
    fraud team for investigation.
  • Conduct snap checks as assigned by a
    designated official.
  • Ensure safe custody of documents, tools
    and passwords to all systems at all times.
  • Ensure accuracy of information entered
    in the system and standard templates at all stages of the process.
  • Ensure reconciliation of the General
    Ledgers if any is assigned to you.
Call over (5%)
  • Review transactions on Scheme Suspense
    GL to confirm any RTGS to be sent through for processing on a daily.
  • Print out the general ledger statement
    (scheme loan suspense account) and perform a call over against payment
    schedules when assigned to do this.
  • Identify anomalies (missing account
    numbers, invalid or closed accounts) and advise your Team leader for
    prompt rectification by the originators.
  • Rectify errors related to wrong postings
    of payments and loan disbursement within the system promptly.
Customer service (5%)
  • Respond to queries relating to the
    scheme posting and loan crediting process from various stake holders
    within the set timelines.
  • Adhere to timelines within the service
    level agreements (SLAs) to ensure efficiency and quick turn around time
    (TAT) in loan processing.

Qualifications, Skills and Experience:
  • The ideal candidate for the Barclays
    Bank Disbursement Inputter job placement should have a good understanding
    the Barclays end-to-end retail lending process.
  • Knowledge of Barclays Retail lending
    policies.
  • Knowledge of finance or accounting.
  • Preferred: Banking knowledge
  • Speed and Accuracy.
  • Computer literacy (strong keyboard
    skills).
  • Analytical ability.
  • Communication skills.
  • High level of attention to detail.
  • Organizational skills.
  • Interpersonal skills.
Essential Training:
  • Know your customer (KYC) standards.
  • Customer service, TCF and complaints
    handling.
  • Sanctions and Anti money laundering.
  • Information security awareness,
  • Records management.
  • Data privacy.
  • Fraud awareness.
  • Performance development.
  • Barclays retail lending policies and end
    to end processes.
  • Product knowledge (Retail Asset
    products)
  • Flexcube system.
  • Preferred
  • Credit analysis.
  • Transact SM
  • Scheme Posting and Disbursement Process
How to Apply:
If you feel
challenged by any of the above positions, and believe you can deliver on key
deliverables as outlined above, upload your application letter, current
curriculum vitae and photocopies of academic certificate to our recruitment
website detail below:
Barclays is an equal
opportunity employer that recruits, develops and promotes people on merit, and
rewards outstanding performance, regardless of background and gender.
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latest jobs, please visit https://www.theugandanjobline.com or
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