Officer: Cross Border Payments Processing

Our client, one of the biggest banks in South Africa based in Johannesburg who is a firm believer in technical innovation and leading edge financial solutions is urgently looking for an Officer: Cross Border Payments Processing to be responsible for ensuring that daily processing of All transactions processed timeously and accurately whilst mitigating risk by ensuring all processes and procedures adhered to within the relevant cut off times, also to attend to the daily receipts and dispatch of online and swift message processing. ***This is a working from home opportunity as the banks have not returned to the offices. Most of our clients are talking about a hybrid working model***In order to be considered the following is required:MatricDiploma in BankingWhite Belt Training Six Sigma (Advantageous)1 – 2 years knowledge / understanding of foreign exchange and payments used within the bankExperience within payments with a good understanding of (Swift) Society for Worldwide International Financial Telecommunications 1 – 2 years good understanding of the various system used within the Bank: Branch delivery system (BDS), Domestic Treasury system (DTS) Retail Forex (RFS) 3270, Rand Payment system (ZAPS) and Credit System1 – 2 years knowledge of Money Laundering and FICAKnowledge of Retail Forex System, Trade Finance System, Intellimatch, Bank Credit SystemsKnowledge of exchange rates, conversions, balance of payments reporting (BOP), exchange control regulations, formatting of society for worldwide international financial telecommunications messages (SWIFT)Knowledge and ability to work on MS Office, Excel / Word, Internet and MS***NOTE***The bank has implemented a Vaccination Policy for all roles which require the incumbent to work from the premises on a full-time or intermittent basis. Full vaccination against COVID-19 is therefore an inherent requirement of this role. Responsibilities:Productivity and Service:Provide superior assistance and service to all customers who interact with Inward Telegraphic Transfers via the call centre line telephonically or via an electronic mediumEnsure that all transactions to be processed accurately within the required turnaround time with minimum risk and cost to the bankEnsure that payments are be prioritized by value date.Ensure all clients receive prompt feedback regarding the funds tracing queriesEnsure all payments processed before the respective currency cut off timesObtain the necessary regulatory compliance reporting details to complete the Balance of Payment (BOP) record - Balance of Payment (BOP) category amongst other client missing informationEnsuring that all Balance of Payment (BOP) records are completed and submitted to the CD within two business daysThe completion of these records requires a high degree of accuracyAmend and update all exceptions on the appropriate systems by ensuring the respective fields on the swift payment instruction are correct and accurateCapture all swift message processing