Outward Remittance Officer

1. Execute outgoing local and foreign requests along with published commissions and charges and FX if any after checking all presented documents to make sure that required information provided clearly and approvals obtained and that there are no discrepancies among the documents.
2. Execute Syndication payments for agreements between AAIB and other banks either local or international.
3. Abide to cut off time for receiving requests from branches / corporate, in addition to the ACH/SWIFT CBE cut off time through prioritizing urgent cases and reviewing the received E-mail related to outward remittance to make sure that every inquiry or request is executed in line with the TAT and SLA.
4. Follow CBE instructions and regulations regarding the Local CCY transfers and regulations for trade transfers in FCY avoiding any violations
5. Upload transfers with high amounts over the fund allocation module for further consideration by Treasury operations having a proper fund monitoring.
6. Execute the ACH/SWIFT returned and rejected payments to clients’ accounts on daily basis based on received reports (outward Remittance) from EBC to close with balanced CBE intermediate accounts
7. Execute Unified Treasury Account payments in favour of governmental institutions accounts at central bank of Egypt through ensuring that no discrepancies exist in documents presented by customers (internal/external) that was submitted by branches such as (cash deposit, incoming transfer, cheque collection) and investigate received tracers from CBE to close unsettled cases.
8. Handle all received Inquiries / Tracers from CBE to close unsettled cases under Unified Treasury Account
9. Execute Central Bank of Egypt instructions to transfer foreign amounts from their account in AAIB to their account outside Egypt as federal reserve bank & Bank of England
10. Execute CBE payroll foreign files.
11. Executing Western Union Customer requests for refunding, cancellation, changing receiver name printing statement
12. Add, Modify, delete western union users and handle WU Customer complaints through Raising / following up the cases with western union global to provide the proof of payment.
13. Execute Western Union D2B (Direct to bank) payments through SWIFT system for off us (local bank account) or on us through AAIB accounts.
14. Filtering and screening all types of WU remittance payments to avoid violations and penalties through OFAC system
15. Follow the day-to-day operations related to own jobs in the department and preparing requested reports to ensure continuity of work. Ensure being innovative, initiative and recommend new approaches related to own jobs.
16. Follow and implement all relevant department policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
17. Comply with all relevant CBE regulations, banking laws, AML regulations and internal AAIB policies and code of conduct in order to maintain AAIB’s sound legal position and mitigate any potential risks.

Qualifications & Experience:

• Bachelor’s degree in Accounting, Business Administration, Economic or a related discipline.
• Officer: 0 - 4 years of experience in banking operations.