Jobsrican
Website Absa
Job Description:
In this role you will supervise the effective execution, processing and delivery of the BGI team’s responsibilities pertaining to the processing of transactions for external clients ensuring adherence to all applicable regulations, processes and procedures. Ensure delivery of a world class service to customers according to agreed service standards and the customer value proposition as well as collaborate with relevant stakeholders e.g Legal and Transactional Administration.
[the_ad id=”21943″]Job Responsibilities:
- Ensuring adherence to standards for tracking of productivity and turn-around times by updating workflow consistently for all hand-overs and all other critical points in the process that are used to measure overall end to end turnaround time for processing of BGI products.
- Maintaining a good understanding of all governance applicable to the BGI Centre (FICA, SOX, Exchange Control, Trade Sanctions Screening Policy, Money Laundering, UCP600, INCO terms 2000, International Standard Banking Practice, ICC official rules for interpretation of trade terms and Internal/External audits) by keeping abreast of current and future policies on the Absa Intranet.
- Fully understanding and adhering to the product Customer Value Proposition (CVP), ensure delivery of a world class service to all customers.
- Verifying and authorising all transactions processed by the team members to ensure that the required standards of BGIs are adhered to.
- Taking ownership of BGI Products, responding to all client and internal stakeholder queries and driving the issuance of the requested Guarantee within the required turn-around times.
- Referring applications for Credit, Legal, Exchange Control, Alternate Foreign Correspondent bank and Special pricing if applicable.
- Performing checks to determine referrals required.
- Complying with and ensure compliance to prescribed policies, processes and procedures to prevent any financial losses, when capturing transactions. This will include validation against mandates, waiver of commissions and International Standard Banking Practise Rules.
- Ensuring technical correctness of each client instruction for Local and Foreign Guarantees when processing, this includes: – Confirmation of completeness of client instructions – Perform quality check on BGI ensuring accuracy and completeness
Job Requirements:
- National Diplomas and Advanced Certificates: Business, Commerce and Management Studies (Required)
Job Details:
Company: Absa
Vacancy Type: Full Time
Job Location: Sandton, Gauteng, SA
Application Deadline: N/A
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