Clearing Officer- Ado-Ekiti,Akure & Ilorin,Stanbic IBTC Bank Plc

August 7, 2012 Posted by admin

Clearing Officer- Ado-Ekiti,Akure & Ilorin,Stanbic IBTC Bank Plc

The Standard Bank Group merged its Nigerian operations, Stanbic Bank Nigeria with that of IBTC Chartered Bank PLC. The merger, by way of the first ever tender offer in Nigeria and a $525 million FDI, the largest in Nigerian financial history, gave birth to a new entity now known as Stanbic IBTC Bank PLC which became part of the Standard Bank Group.

We know that success in competitive global markets relies on a clear focus, exceptional talent, a strong team ethic, and a hunger for innovation. Our investment banking division provides a challenging environment with significant opportunities for growth and the rewards that accompany market-leading success.
If you are a professional who can clearly demonstrate a strong entrepreneurial spirit combined with a highly developed ability to analyse and interpret market data, then we want to hear from you.

Purpose

Ensure correct procedures for handling clearing cheques, scheduling of outward cheques after receiving it from the tellers, Ensure due diligence on the cheques handling. Prepare Caution notices as applicable. Hand over returned cheques to TLCS for onward delivery to customers following the laid down procedures. Process outward clearing cheques in line with the procedures. Posting of cheques into relevant accounts. Moved processed cheque to Clearing house (CBN) following laid down procedures.

Cheque processing:

Scheduling of outward cheques after receiving it from the tellers
Ensuring due diligence on the cheques handling
Prepare Caution notices as applicable
Hand over returned cheques to TLCS for onward delivery to customers
Ensure laid-down procedures are adhered to when handing over returned cheques to TLCS
Ensure outward clearing cheques are photocopied and duly filed
Posting of cheques in the correct accounts into relevant accounts.

Support functions:

Takes outward clearing cheques to Clearing (CBN) on a daily basis (Clearing Rep)
Post Inward clearing cheques from Clearing (CBN) on a daily basis
Collate and send all NEFT transactions received from clearing house to OPC Back office support team for final processing

Reports:

Inward Clearing Cheque
Outward Clearing Cheque

Qualification

First degree in any discipline
Minimum of 2 years branch banking experience, with exposure to tellering and safe custody.
Broad understanding of the bank’s procedures and policies and the application of the Group Reference Guide.
Knowledge of the Code of Banking Practice.
Comprehensive knowledge of bank’s laid-down instructions regarding clearing and other related branch job.
Knowledge of the NDS System in relation to own department.
Sound understanding of the entire process of transactions from customer to Operations Support Centre/Proof of Deposit.
Understanding of the impact and inter-relatedness of the services provided to branch staff and customers.

To read more and to apply Click here

Closing Date Aug 10, 2012

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