Funds Transfer Officer needed at Infinity Trust Mortgage Bank Plc

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Job title : Funds Transfer Officer

Job Location : Lagos

Deadline : August 10, 2024

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JOB DUTIES & RESPONSIBILITIES

Candidate will act as a great support to the Head of Operations in:

  • Reconciliation-GLs, ATM and corresponding bank reconciliation.
  • Customer Service
  • Cash management
  • To ensure that adequate arrangements are in place for security, light in the vault area and branch.
  • To ensure that the vault is opened not later than 7:45am for cash movement after confirming that personnel and necessary conditions are in place.
  • Check that vault door and entrances near the vault are always locked with adequate security during cash movement from/to vault.
  • Ensure that all designations relating to Custodianships are up-to-date and that only authorized persons perform such Functions.
  • Ensure each teller/FTs and all witnesses sign Vault record book at the time of box removal and time box is brought back.
  • Ensure that all cash movements in and out of the Vault are recorded in the vault cash register
  • Check during different times of the day that there is no unexplainable queue/waiting.
  • Ensure you review all account opening documents and approve only request with complete documentation or approved deferrals and waivers. 
  • Review the GLs and Items In Transit Accounts (ITA) and ensure they have Nil Balances or provable balances.
  • Ensure That Prime Records are afforded the Protection of Fire Locked Resistant/Vaults/Safes.
  • Follow up with account opening on deferred transaction media and account opening documents.
  • Review All Accounts With Incomplete Documentation Exceptions for Appropriate Follow Up And Necessary Action. 
  • Review Last Audit Report and ensure that all exceptions have been regularised. 
  • Coordinate end of month activities bank-wide.
  • Carrying out reconciliation of bank GLs and correspondence bank statement.
  • Work with Financial control units and other units to reconcile grey areas before the running of the FYE.

KEY PERFORMANCE INDICATORS (KPI) 

  • ATM Cash Availability.
  • Error rates in transaction process implementation. 
  • Compliance /inspection report.
  • Turnaround time on transaction processing.

JOB REQUIREMENTS & PERSON’s SPECIFICATIONS

Academic Qualification & Work Experience

  • A first degree or equivalent in Accounting or any related field. 
  • A Master’s degree would be of added advantage. 
  • A minimum of 5 years of experience in Financial Institutions.

Knowledge

  • Computer Proficiency
  • Comprehensive knowledge of Mortgage banking products.

Skills

  • Strong Analytical Skills
  • Professionalism, integrity and commitment to your duties 
  • High level of interpersonal skills to interact with customers, potential customers
  • Develop and manage a team of well-trained, focused and motivated Banking Services staff
  • Ability to ensure customer and staff account privacy and confidentiality 
  • Ability to work in a team setting and excel. 

How to Apply for this Offer

Send CV and Cover letter to [email protected]

  • Accounting / Financial Services jobs