Processing Assistant-Remittance Maker in Banking Domain

Urgent requirement for Processing Assistant-Remittance Maker in Banking Domain for our banking client in Sharjah, UAE

Job Purpose:

To process inward TTs (Including inquiries), outward TTs (Including inquiries), WPS & FTS, Internet Banking in accordance with applicable procedure, service standards & operating guidelines established by the bank. Work as a back‑up Maker staff for FTU Key activities. To achieve cost reduction objective for the department & help revenue generation to the bank. To build customer loyalty by providing them an exceptional service.

• Ensure that the applications received from the branches are in order, to check if signature verified, call back done, original or fax indemnity mentioned and application is dated.
• To ensure that all the FCY/LCY payments are processed within the cutoff time.
• Ensure all the (AED) payments in remittance department are covered thru central bank payment system within cut off time.
• To ensure that all the applications which have discrepancies to be informed to the concerned Branch/RM’s on the same day.
• Ensure that all high value foreign currency transactions processed by remittance dept. are covered by the Treasury dept. for proper control of Nostro accounts.
• Ensure that all the swift messages which were processed are acknowledged and daily EOD reconciliation is performed.
• Filing of all applications and reports.
• Handling Inward/Outward Inquiries.
• Ensure all the outstanding transactions in the queue (FTS / Poison / Modification and Business Check) are attended.
• Ensure standing orders are processed on the due date.
• To Process previous days outstanding payments in CCN Report.
• WPS Funding for the day and Funding Reversal for previous day (Saturday)
• Check SWIFT RMA queue for New / Revoke RMA requests / inquiries ( inwards & outwards )
• Segregation of Print outs and Collect the prints from the SWIFT printer.
• Ensure to pass FCY to checker to check & release cover.
• Ensure STP Inwards available in Mbase /payment safe.
• Ensure Non STP FCY inwards to be processed once the cover is received.
• Processes all payments which we received within the cut of time from our vosrto /FTS /FCY with same value date.
• Check IF messages received for E078, 2C2, 203, & 192 and act accordingly
• Print Remittance and IPU Collection accounts and ensure EOD balance is "Zero" (End of Day)
• Monitor Failed IPI Payments and act accordingly.
• Ensure to Check inwards inquiries from FTS/SWIFT.
• Perform Daily Reconciliation of Inward CB UAEFTS and SWIFT Payments against MBASE Transactions and Outward FTS/ SWIFT (duplication) payments.
• Perform any other duties or responsibilities consistent with the employee Role and assigned by the management
• Work as a back
  -up Maker staff for FTU unit Key transactions.
  
  Skills:
  
  funding,remittance maker,processing,swift