Several No Experience Banking Officer – Reconciliation Job Opportunities – DFCU Bank

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Job Title:    Banking Officer –
Reconciliation (No Experience Jobs)

Organization:  DFCU
Bank

Duty Station:  Kampala,
Uganda

Reports to:
Team Leader – Reconciliation

 

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 Banking Officer – Reconciliation is
charged with preparing accurate and timely reconciliations for all suspense,
Nostro, ATM, Visa, and any other internal accounts in accordance with bank
policies.

 

Key Duties and
Responsibilities:

·        
Daily/weekly/monthly
reconciliation of Suspense/Nostro/Internal accounts of various products (Loan,
Credit Card, ATM, online banking).

·        
Follow
up/Escalate with responsible business units on outstanding items according to
bank procedures.

·        
Report/
escalate control breaches to the team-leader for timely investigation.

·        
Identify
exceptions/suspicious transactions and escalate them to the team leader in a
timely manner.

·        
Identify
potential system issues that affect reconciliation of suspense accounts so as
to support in providing solutions to the teams in closing the issues.

·        
Verify
the reliability and accuracy of data provided by third parties with that in the
core banking application.

·        
Support
the team leader reconciliation with information regarding all relevant  issues and keep her informed of the status of
the reconciliations and related unresolved issues.

·        
Contribute
to or support recommendations on changes in operational procedures that relate
to Reconciliation’s functions.

·        
Respond
to customer queries in a timely and professional manner.

·        
Identification
of issues or concerns related to potential gaps in existing processes,
procedures, policies.

·        
Support
the team leader reconciliation by contributing to process improvement
strategies to address identified inefficiencies and ensure required processes
are established to meet changing needs.

 


Qualifications, Skills and Experience:

·        
The
applicant for the DFCU Bank Banking Officer – Reconciliation job must hold a
University Degree.

·        
Fluent
in use of MS Excel.

·        
Previous
work experiences in account reconciliation, Finance, Operations in a financial
institution preferred.

·        
Service
oriented with a distinct team-work attitude and ability to attend to details.

·        
A fast
and self-motivated learner.

·        
High
Integrity.

·        
Communication/Interpersonal
Skills.

 

How to Apply:

All suitably
qualified and interested candidates are encouraged to
send applications with detailed CV’s including present
position and copies of relevant professional/academic certificates (University
Transcript, O and A level) to the email address indicated below;
Vacanciesbank@dfcugroup.com

 

Deadline: 12th October 2020

 

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