Remittance Clerk (UAE National)

Job Details

Core Responsibilities

  • Process/verifies telegraphic transfers, both incoming and outgoing thru FTS (Fund Transfer Team) and SWIFT.
  • Processing of Inward Clearing Cheques,
  • Investigate and answers remittance related queries from Central Banks and Foreign Correspondent Banks
  • Responsible for control and issuance of Manager’s Check and  Demand Draft
  • Process special clearing, Foreign Bills for collection, Stop Payment Order and Standing Orders.
  • Process WPS Salary and DDS (Direct Debit System), NPSS Transactions.
  • Process buying and selling of foreign currency to Treasury Department.
  • Assist in processing of Account Opening/Closing of Savings/Current, Time Deposit and Loan Set-up.
  • Helps in the system enhancement of Central Bank FTS (Fund Transfer Team), WPS (Wages Protection System), DDS (Direct Debit System) Reconcile transactions base on summary reports of Central Bank Fund Transfer System and SWIFT, monitor outstanding items in Nostro Accounts and pass necessary entries
  • Prepares daily balancing of Manager’s Check, BRF reports for Central Bank, monthly proof sheet and reconciliation items for the Remittance section.
  • Preparation of Daily Reports for Treasury.
  • Assist in promoting operational effectiveness and improve efficiency standards.
  • Provides excellent customer service at all times.
  • Any other assignment given by Department Head or Branch Management from time to time.

Self- Management Responsibilities

  • Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are monitored and achieved during the course of the year.
  • Takes ownership of his/her own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training.
  • Understands the competencies relevant to his/her role, and works towards displaying as well as developing these effectively.
  • Keeps abreast of relevant professional/industry developments, new techniques and current issues through continued education and professional networks.

QUALIFICATIONS

  • Bachelor’s degree in finance, Accounting, Commerce, or in any other subject or equivalent is required
  • Graduated between 2020 – 2025
  • GPA 2.7 and above
  • UAEN
  • Fresh grade or with no banking experience for the last of 1 Year
  • Never been in Ethraa program before if Fresh grade