Clearing Officer
Absa Group | Lusaka
Absa Group
Innovating the future of tech solutions in Zambia.
Job Description
Empowering Africa’s tomorrow, together…one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
My Career Development Portal : Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.
Job Summary
To process all cheques and deposits from branches, departments and other banks.
Job Description
Accountability: Main: – (80%)
Outputs:
- Receive cheques from receiving officer and pass appropriate entries to respective accounts.
- Perform code line and masking amounting for all inward cheques.
- Resolve queries received form branches and departments pertaining to foreign cheques.
- Recording all foreign cheques received from branches to other banks.
- Participate in manual clearing of foreign cheques at ECH.
- Reconcile all foreign clearing accounts i.e. BN2, NOSTRO, Central Bank, Inward and outward clearing accounts.
- Plus any other duties that may be provided by Line Manager from time to time.
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Absa Operational Risk Framework and internal Absa Policies and Standards
Accountability: Other – Teamwork (20%)
Outputs:
- Prepare all MI`s on time in acceptable quality as allocated by team leader and submit on time.
- Do other duties relating to Clearing of cheques as assigned to you from time to time by team leader / Manager.
- Set PD objectives and have a one-on-one PD review session with team leader as and when required.
- Participate in all team building events and community events.
- You will be required to perform any other work assigned to you in line with ACM, plus any other duties that may be provided by line manager from time to time.
- Ensure that all activities and duties are carried out in full compliance with regulatory requirements, ABSA Operational Risk Framework and internal ABSA Policies and Standards
Work closely with team members as one team to deliver excellent performance and actively participate in team events and morning hurdles.
Education
Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)
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