Senior Officer - Outward and Inward Cheques Clearing

We are currently seeking a highly skilled and experienced Senior Officer for Outward and Inward Cheques Clearing to join our reputable financial institution. The ideal candidate will be responsible for overseeing the efficient processing of outward and inward cheques transactions, ensuring accuracy and compliance with banking regulations. Key responsibilities include verifying cheque details, reconciling accounts, resolving discrepancies, and maintaining records of all transactions. The Senior Officer will collaborate with other departments to streamline processes, identify risks, and implement improvements for operational efficiency. Strong communication skills, attention to detail, and a thorough understanding of clearing operations are essential for this role. A minimum of 3 years' experience in cheques clearing operations in a banking environment is required. Join our team and contribute to the smooth operation of our cheque clearing services. Apply now!

Responsibilities

• Manage the entire process of outward and inward cheques clearing as per established procedures and timelines.
• Ensure accurate and timely processing of all outgoing and incoming cheques, verifying signatures, endorsements, and other necessary information.
• Coordinate with internal departments and external stakeholders to resolve any discrepancies or issues related to cheque clearing.
• Monitor and reconcile clearing accounts on a daily basis to ensure accuracy and completeness of transactions.
• Implement fraud prevention measures and controls to safeguard against unauthorized or fraudulent cheque activities.
• Stay updated on regulatory requirements and industry best practices pertaining to cheque clearing processes.
• Provide training and guidance to junior staff members on cheque clearing procedures and protocols.
• Generate reports and maintain records related to cheque clearing activities for audit and compliance purposes.
• Act as a point of contact for customers and address any queries or concerns related to cheque processing.
• Collaborate with technology teams to enhance and automate cheque clearing processes for efficiency and accuracy.

• Bachelor’s degree in Finance, Accounting, or related field.
• Minimum of 3 years of experience in banking operations, specifically in outward and inward cheques clearing.
• Strong knowledge of banking procedures and regulations related to cheque processing.
• Excellent analytical and problem-solving skills.
• Proficiency in using banking software and systems for cheque clearing processes.