Associate, Clearing and Posting

Job Summary

To ensure that all transactions related to inward/outward Clearing cheques, Post-dated cheques, Bill discount cheques and Onus cheques are processed efficiently, accurately and in a controlled manner.

Key Accountabilities

Process the inward clearing cheque in Technical Clearing and approve or reject accordingly

Process the outward clearing cheques (PDC/BD)

Handle all telephone/mail inquiries related to inward

Reconcile the paid physical inward clearing cheque against PS-ECC report

Reconcile the inward clearing cheque balance from PS-ECC against the inward suspense account in equation on daily basis

Process new PDC booking and cancellation

Apply the updated charges for new PDC booking and cancellation as per schedule of tariff in CB Net.

Other Accountabilities

Process Ministry & Private sector salaries

Process Pay card salary using file upload

Process PRIME postings manually

Process normal non WPS salaries

Process WPS payrolls

Process transaction vouchers received from various Departments (internal)

Ensure cash letter, outward/inward cheque collection and salary list payment received from branch or other Departments are complete and in order

Ensure required entries (booking, settlement, cancellation, salary list payment, etc) are processed in related systems

Arrange the preparation of collection memo and dispatch of the cheque to the correspondent bank via mail room

Arrange the preparation of messages via Swift to concerned banks

Ensure regular follow-up if funds are received via NOSTRO Acct through Accounts Department

Education

Bachelor's degree in commerce or banking.

Required Experience

• Minimum 2 years in cheque processing
• At least 1 years of experience as a processor within Operations