GLOBAL RECONCILIATION CONTROLLER
Description
Internal |
Job Purpose\:
To perform all the operational functions related to the Global Reconciliation functions related to branches and Central Operations Departments while ensuring compliance with the established standard operating procedures and Bank’s regulations.
Job Description\:
Transaction Management
1.Match the daily entries for the bank accounts and ensure settlement for the unclear transaction to avoid any potential risks.
2.Provide all accounts owner with accounts proofs as of end of each month to maintain effective control.
3.Ensure obtaining account owner confirmation on the outstanding items and balances within 1 Week from the proof date to maintain effective control through the normal branch channels.
4.Perform manual matching of accounts efficiently to maintain accuracy of data uploaded on the system.
5.Handle the against nature accounts with the concerned party within 1 Week according to finance daily follow up with (justification and related documents).
6.Keep track of any unclear outstanding amount as per each account nature with the relevant Branch / Department to avoid errors.
7.Issue weekly report with the pending unsettled items and received feedback from the concerned party to maintain effective controls.
8.Prepare the aging report for the internal accounts to assure compliance with the established Bank’s standards and regulations.
9.Prepare against nature report for income categories to ensure alignment with bank’s policies and procedure.
10.Prepare daily debit transactions report for specific critical categories, to ensure timely review.
Policies, Processes and Procedures
11.Follow all relevant department policies, processes, procedures and instructions so that work is carried out in a controlled and consistent manner
Day- to-day Operations
12.Follow the day-to-day operations related to own jobs in the Global Reconciliation team to ensure continuity of work
Compliance
13.Comply with all relevant CBE regulations, banking laws, AML regulations and internal CIB policies and code of conduct in order to maintain CIB’s sound legal position and mitigate any potential risks