Entry Level Officer Clearances & Settlements Job Opportunities – Stanbic Bank

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Job Title:  Officer Clearances & Settlements (Fresher Jobs)

Organisation: Stanbic Bank

Duty Station:  Kampala, Uganda

 

About US:

Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited which is in turn owned by Standard Bank Group Limited (“the Group”), Africa’s leading banking and financial services group. The Standard Bank Group is the leading banking group focused on emerging markets. It is the largest African banking group ranked by assets and earnings. Stanbic Bank Uganda Limited is the largest bank in Uganda by assets and market capitalization. It offers a full range of banking services through two business units; Personal and Business Banking (PBB), and Corporate and Investment Banking (CIB).

 

Job Summary:  The Officer Clearances & Settlements will capture all outward clearances and house cheques, received. Ensure that all inward unpaid cheques are balancing with the GPOD report and the BOU settlement report.

 

Ensure that all outward cheques are balancing with the GPOD outward clearance reports, whilst ensuring that a high level of quality service to the branches and Agent banks is delivered and maintained. Attend to reversals and claims regarding mis-posts in a timely manner.

 

Key Duties and Responsibilities:

Operational Performance:

  • A thorough knowledge and understanding of policies and procedures within Stanbic
  • Process requirements and related time constraints are understood and complied with.
  • Maintain a high standard of risk control through ensuring accurate and efficient capturing of transactions and adherence with laid down procedures.
  • Identify and report any irregularities doubtful or suspect items and possible losses to the bank in relation to the GPOD system, Finacle and clearing and settlement dept.

Cost Management:

  • Ensure cost containment of stationery, utilities expenses, overtime etc. and identifying means to reduce costs.
  • Avoid regular break down of equipment.
  • Continuously identifying and implementing cost saving initiatives.
  • Attained the desired productivity levels as set by the unit.

Resource Utilisation:

  • Drive for improvement in the turnaround time to cut down losses and queries,
  • Observe work flow in GPOD and time management.

Control:

  • Comply with deadlines, punctuality and accuracy requirements, while ensuring that routine tasks are efficiently planned and organised.
  • Control fraud and losses by posting instructions accurately.
  • Adhere to routine control requirements
  • Display responsibility and ownership as well as

Self Development:

  • Identifies appropriate formal and occupational (informal) training needs and courses (internal/external) to develop oneself.
  • Up-Skills oneself regarding new products and procedures through attendance of workshops/presentations and reading of internal and external communications

 

Qualifications, Skills and Experience:

  • The applicant for the Stanbic Bank Officer Clearances & Settlements job placement should hold a Degree in any business related field.
  • Two to three years of prior experience in banking is an added advantage; otherwise any one with basic entry requirements to the bank can be trained to do the job.

 

How to Apply:

All candidates who wish to join the one of Africa’s biggest Banking Groups, Standard Bank in the aforementioned capacity is encouraged to Apply Online by visiting Link below.

 

Click Here

 

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