Payments Assistant

Zambia National Commercial Bank Plc • Accounting & Finance Jobs • Lusaka • 2 weeks ago

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Reference Number

HCBP07112024

Description

JOB PURPOSE

The Payments Assistant is a fixed term contract (FTC) role that ensures operations for international/ Domestic payments are handled efficiently and effectively in accordance with International Banking Operations, Zambia Payments System Standards, Zambia Interbank Payment Settlement Systems (ZIPSS) Rules, Zambia Electronic Clearing House Rules and sound financial management principles and relevant internal guidelines/Policies.

Under the supervision of the Payments Analyst , the following are among the Job Key Responsibilities:

Processing of overdrawn and blocked payment orders (electronic and manual
Liaising with internal and external departments via email and telephone in English language
Booking and handling of incoming and outgoing MT103 and MT202 swift messages
Booking of manual payments to balance accounts
Monitoring of special requests and cut off times
To process the correspondent charges appropriately within budget.
To file all inward payments documentation as prescribed by Audit Policy of the Bank
To ensure that both internal and external customer queries are dealt with agreed time frame (internal & external)
Ensure that the internal procedures and controls are adhered to
Preparation and submission of ZRA Tax reports and engagement of ZRA if there is missing information
Preparation and submission of Regulatory weekly Money Remittance Receipt and Monthly Money Remittance Receipt reports to Bank of Zambia for purposes of Electronic Balance of Payments reporting for the Bank
Engagement with counter Banks locally and external correspondent banks for resolution of queries and requested information on Compliance of payments
Gathering requirements for new system sourcing and conducting User Acceptance on new system implementation
Ensure that all regulatory sweep outs for GRZ and processed and settlement confirmed with the regulator
Communicate with Regulator on any delay in submission of Regulatory reports
Attend to any other duties assigned by supervisor/manager

INTERNAL/EXTERNAL CONTACT

External: External Auditors

Internal: All internal Business Units

Requirements

QUALIFICATIONS AND EXPERIENCE

Grade 12 Certificate with Credit or above mandatory in Mathematics and English and any other three subjects
University Degree in Business, Finance or any other relevant field
Zambia Qualifications Authority (Zaqa) Verification Certificate for Tertiary Qualifications
One (1) years’ experience will be an added advantage
Good communication skills

JOB CORE COMPETENCIES

Very good communication and presentation skills.
Attention to detail
Analytical skills
Critical thinking
Verbal and written skills
Proficient in data processing skills
Good Engagement skills
Self-motivated, initiative, reliable and accurate
Strong sense of teamwork
Ability to work in a fast-paced environment with frequent process changes
Flexibility and willingness to work on several different topics