Funds Transfer Officer at UBA Bank

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<div> <p>United Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria UBA has grown to become a pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.</p> </div> <div> <ul> <li><strong>Job Position: </strong>Funds Transfer Officer</li> <li><strong>Job Location:</strong> Lagos</li> </ul> </div> <div> <p><strong>Job Description<br /> </strong></p> <ul> <li>We are in search of individuals/talents who are Enterprising, Excellence driven and can Execute business goals within the UBA Group; if you believe you exude these attributes, this position may interest you</li> </ul> <p><strong>Job Responsibilities</strong></p> <ul> <li>Receipt of Instructions from Clients via SWIFT/E-mail/hard copy.</li> <li>Acknowledge receipt of instruction to Client via email</li> <li>Review clients instructions for authenticity and Signature verification</li> <li>Check clients cash custody account to confirm that account is adequately funded for the transfer.</li> <li>Notify client if account is not funded and follow through with reminder mails.</li> <li>Execution of Transfer instruction via the available platform i.e. U Direct corporate/ RTGS /NEFT/NIP/NIBBS etc.</li> <li>Follow up on the status of all transaction treated to ensure that they are all successful.</li> <li>Re-initiate unsuccessful transactions.</li> <li>Update client of status i.e. successful. If unsuccessful, give reason.</li> <li>Attend to all transfer related enquiries from clients.</li> <li>Daily call over of all transactions treated and submit call over report to Head Custody Ops for sign off.</li> <li>Request for daily NEFT/NIP reports from the respective units.</li> <li>Maintain a proper record of all transactions.</li> <li>All trade tickets to be submitted to Internal control for review and</li> <li>Receipt of Instructions from Clients via SWIFT/E-mail/hard copy.</li> <li>Review clients’ instructions for authenticity and Signature verification</li> <li>Check client’s cash custody account to ensure that the account is adequately funded for the cheque issuance.</li> <li>Instruction is sent to UBA branch to issue Cheque.</li> <li>Follow up on all Cheque Issuance to the point of execution.</li> <li>Cheque is recorded in a cheque register before it is given to the Client.</li> <li>The Client signs for the cheque before it is released.</li> <li>Attend to all Cheque related enquiries from clients.</li> <li>Daily call over of all cheques issued.</li> </ul> <p><strong>Other Functions</strong><br /> Reconciliation:</p> <ul> <li>Review all treasury bills, FGN /Corporate/State Bonds, Commercial paper and fixed deposits (placements) handled by the Settlement Desk to ensure that the instructions are treated before the cut-off time. The amount, tenor, rate, counterparty etc are correct and in line with the instructions received from the Client.</li> <li>Any error should be reported to the settlement Team and Head Custody Operations immediately for prompt resolution.</li> <li>Client should be duly informed within 2 hours and the steps to be taken to rectify the error.</li> <li>Inform client immediately the error has been corrected.</li> </ul> <p><strong>General Enquiries:</strong></p> <ul> <li>Attend to all client enquiries and Queries relating to funds transfer.</li> <li>Any other duties that may be assigned</li> </ul> <p><strong>Job Requirements</strong></p> <ul> <li>Education: Minimum education level: Good Degree/other related fields</li> <li>Experience: Minimum experience: Three(1) Year.</li> </ul> </div> <div> <p><strong>How to Apply</strong><br /> Interested and qualified candidates should:<br /> <strong><a href="https://www.linkedin.com/jobs/view/2496372658/" target="_blank" rel="noopener">Click here to apply online</a></strong></p> </div> <p class="job_tags">Tagged as: Accounting</p>

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