Job Purpose

The role holder is a member of foreign payments team and participates in the processing of the payments transactions to ensure that the section meets its functional responsibilities and makes these contributions effectively and efficiently.

Key Duties and Responsibilities

Strategic Responsibilities

• Contribute as appropriate to the performance of the function and to the overall achievement of CBK’s strategic objectives.
•  Work effectively as part of the team to deliver on the Key Result Areas and demonstrates competencies of his/her role.

Technical and Operational Responsibilities

• Processes Government Payments, CBK foreign exchange and 3rd party payments with set timelines.
• Processes third party guarantees’ confirmations to Government Ministries, Departments and Agencies (MDAs).
• Processes Projects and Eurobonds accounts opening requests.
• Reviews payments summary reports and highlight unreconciled items.
• Act as subject matter expert on foreign payment operations.
• Avail information and explanations on issues related to Payments Administration.
• Follow standardized controls and operational metrics to track transactions performance and production.
• Drafts and implements initiatives to increase efficiency and reduce potential risk.
• Ensures adherence to Payment policies and procedures.

Other Responsibilities

•  Any other assigned duties and responsibilities.

Qualifications

• Bachelor’s Degree in Accounting, Business, Finance, Economics or Banking or related field.
• Clear understanding of financial markets, banking, and relevant emerging issues in:
  • National, regional, and international regulatory and statutory requirements
  • Public Debt Management
  • Foreign Exchange management and operations
  • Risk management

Work Experience

At least three (3) years of relevant work experience in a relevant field.

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Job Purpose

The role holder is a member of Forex Settlements, Accounting and Custody Section and participates in the operations to ensure that the section meets its functional responsibilities and makes these contributions effectively and efficiently.

Key Duties and Responsibilities

Strategic Responsibilities

• Contribute as appropriate to the performance of the function and to the overall achievement of the Bank’s strategic objectives.
• Work effectively as part of the team to deliver on the Key Result Areas and demonstrates competencies of his/her role.

Technical and Operational Responsibilities

• Undertake forex settlements.
• Cash management.
• Input, check and release of payments by SWIFT and transfer of proceeds.
• Issue statements.
• Input Treasury settlements.
• Process forex deposits.
• Provide back-office support and service on Banking Operations.
• Responsible for processing of customer transactions including international payments.
• Process payments.
• Carry out payment investigations.
• Handle customer enquiries.
• Adhere to finance polices, guidelines and internal controls.

Other Responsibilities

•  Any other assigned duties and responsibilities.

Qualifications

• Bachelor’s Degree in Accounting, Business, Finance, Economics or Banking or similar field.
• Clear understanding of financial markets, banking, and relevant emerging issues in:
  • National, regional, and international regulatory and statutory requirements
  • Public Debt Management.
  • Portfolio Management.
  • Foreign Exchange management and operations.
  • Risk management.

Work Experience

• Minimum three (3) years of work experience in a relevant field.