Senior Officer - Payment Operations

Company: Banking Associated

Perform processing of Manager cheque processing, issuance, liquidation of instrument. The process involves close monitoring of Central Bank & Correspondent bank...
Our client within the banking industry are looking for experienced Senior Officer - Payment Operations in Dubai to be employed on outsourced payroll.
Position details:
Department : Payment Operations
Domain : Operations
Location : Dubai
The process involves close monitoring of Central Bank & Correspondent bank cutoff time for submission of transactions, identify and timely escalation of any issues to immediate supervisor or unit manager.
Job Description*

• Perform role of checker in daily functions, perform setup of RMA with correspondent bank BIC, follow-up for necessary approval, monitor critical swift queue at regular intervals, Identify and distribute SWIFT / UAEFTS messages printed in Message Centre printer to individual operation units, identify nature of fax received in RIGHTFAX and send to individual units within the bank, perform call back to customer exercising call back controls, perform day end reconciliation of SWIFT / UAEFTS / FAX messages handled by unit, prepare weekly MIS on all RMA relationships.
• Receive transaction in FAX / Scanned image from branch, perform validation of customer request by verification of signature, fund availability & other said controls of bank before processing, request of for FX rate with Treasury if necessary, prepare inflow/outflow reporting for the entire department to Treasury, reconcile total transaction received for processing vs transactions processed, follow up for exceptions in process.
• Perform role of checker, manual processing of Outgoing / Incoming / Internal payment in FLEX system, with prior knowledge in SWIFT message formats perform remittance processing with capturing customer supplied information in correct fields, perform repair of payment messages received from electronic channel for format correction, check for acknowledgement of payment message in UAEFTS as well as in SWIFT, perform necessary correction in case of NACK messages. Perform repair if necessary for process inward remittances, credit customer account supplying correct information from source payment. Perform file formatting and batch file upload in FLEX, UAEFTS. Perform processing of Manager cheque processing, issuance, liquidation of instrument.
• Perform role of checker , salary file processing in WPS, perform file formatting if necessary to upload file in WPS, monitor system for ACK NACK status of processed file, perform upload of incoming salary file to credit salary, day end reconciliation of entries posted in sundry accounts.
• Perform role of checker, processing of Incoming, outgoing direct debit transactions, handle customer/internal units request for setting up Direct Debit request, handle corporate customer collection request in DDS, reconcile internal sundry account on daily basis ensuring day to day activities are to be completed on time within external / internal cutoff times, adhere to CB as well as internal TAT/SLA, track non-financial transactions handled by unit on daily basis, reconcile financial transactions processed for the day, prioritize timely information needed by customer (internal/external).
• Perform role of checker, handle enquires received from external bank in free format message received from SWIFT / UAEFTS, enquiries received within bank for status of transaction. Maintain track record for all enquires handled by the unit, perform follow up for Nostro outstanding items, and ensure timely closure of outstanding item within stipulated time period.
• Unit’s daily proofs in DCFC, perform day end reconciliation of SWIFT / UAEFTS / FAX messages handled by unit, prepare weekly monthly MIS.
• Any other responsibility will be added as & when required.

Candidate requirements:

• 3-4 years experience in a bank with with knowledge of back office function in Swift, Payment processing.
• Experience in financial institution handling back office with strong accounting skills, analytical skills with system background. This should help in not only managing effectively the day to day process but also conducive for further process enhancement, automation.
• Sound knowledge about “Islamic Products” and required Sharia compliant documents is desirable.
• Strong oral and written communication skills in English.
• Ability to work in a time-sensitive environment.
• Good command in MS Office (Particularly MS Word & Excel)
• Flexible to work in all shifts.

If you or any of your friends or colleagues would be interested in pursuing an opportunity, kindly send us your updated CV to bankingoperationscv at gmail dot com with the below details.

• Reason for change : Elaborate please
• Current Remuneration : Salary + benefits in AED
• Expected remuneration : Salary + benefits in AED
• Notice period : Immediate / 1 - 3 months
• Current visa status : Visit / Tourist / Employment / Residence
• UAE Driving license : Yes / No
• Education degree attested : Yes / No
• OK to work long hours, as per dept. requirements : Yes / No

Note:
We do not have any openings available for candidates with no banking/financial industry experience.
Due to high volume of CV's being received by us, only shortlisted candidates will be contacted.
Do not send sales banking profiles as we do not work on them nor have the time to forward them to relevant people.
If you are not looking for change you may want to refer someone.
Thank you and all the best in your career endeavors!
Job Type: Full-time
Job Location:

• Dubai

Required education:

• Bachelor's

Required experience:

• payment operations (checker): 3 years

Required language:

• english fluently

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