Senior Officer, Payment, Trade & TBO at SBM Bank

Job Purpose:

Ensure timely processing of Payments, Trade & TBO transactions in line with current policies and procedure.

Key Responsibilities:

Financial:


Enhance the bank's revenue targets by ensuring 100% revenue collection for all treasury products.
Ensure complete and accurate processing of all payment, trade & TBO finance transactions and collection of commissions thereof.
Eliminate financial losses emanating from processing fraudulent transactions.


Customer Perspective:


Provide a high quality of service to all clients within agreed SLAs.
Resolve customer complaints within TAT.
Ensure high quality of communication to internal and external clients, both verbal and written.
Take ownership when dealing with queries, offer suggestions and conclude constructively by investigating and resolving whilst protecting the bank's reputation.
No exceptions and incidents with respect to adherence to the service charter regarding customer satisfaction


Operational Excellence:


Confirm, monitor contract settlements and reconcile entries to confirm receipts and payments.
Conduct Nostro accounts reconciliation
Ensure complete and accurate processing of all payments, trade & TBO contracts and related transactions in the swift and core banking system.
Ensure opening and closing FX rates maintenance
Prepare and submit regulatory reports on time
Ensure all title documents are handled as per bank procedure and held under dual control.
Ensure that all due diligent checks have been conducted with regard to compliance.
Deal confirmation matching.
Prepare audit reports for counterparties
Co-ordinate with other departments to ensure smooth and timely execution of client instructions.
Query resolution and analysis


Risk and Control


Custody of payments, trade & TBO contracts - Responsible for ensuring safekeeping of treasury trade documents within the department.
Ensure minimal errors by ensuring accuracy in Payment, trade & TBO deals capturing in swift and core banking system.
Ensure departmental compliance to both local and external regulatory requirements e.g. Anti-Money Laundering, US sanctions, CBK guidelines.
Ensure that monthly reconciliation schedules and risk attestations are carried out and submitted.


Key Relationships

Direct Reports to this Position


Payment, trade & TBO Officers


Customers of this Position


Treasury, Correspondent Banking, Finance, Credit, all branches.


Knowledge; Skills and Experience required for this Role


Proficiency in computer packages e.g. MS Word and Excel
Accuracy
Attention to details
Ability to work under pressure
Ability to meet specified deadlines to contribute to attaining organizational goals.
Business graduate from an accredited University
Excellent Communication skills
Working experience in banking and operations, experience in working in payments, trade and TBO being added advantage.
Professional qualifications - Specialist training e.g. ACI Operations, Trade CDCS, CSDG etc. an added advantage
Excellent interpersonal skills


Competencies required for this Role


Team spirited
Eager to learn, coach and mentor
Pro-active


Problem Solving


Analytical
Self-Driven
Professionalism
Innovation


Accountability


Delegated Authority: Custody of payments, trade & TBO documents