Clearing Officer in Stanbic IBTC Bank Plc in Ondo

Full-Time
Clearing Officer
in Stanbic IBTC Bank Plc in Ondo



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Industry
Banking / Financial Services

Specialization
Banking / Finance / Insurance

Minimum Qualification
Degree

Required Experience
1 - 3 years

Application Deadline
2 weeks from now
Job Description
Stanbic IBTC Bank Plc is part of the Standard Bank Group. Stanbic Bank Nigeria was merged IBTC Chartered Bank PLC to form Stanbic IBTC Bank. The merger, by way of the first ever tender offer in Nigeria and a $525 million FDI.
Stanbic IBTC Bank PLC through its wholly owned stock broking and asset management subsidiary, IBTC Asset Management Limited has several excellent mutual funds including the IBTC Nigerian Equity Fund, which is Nigeria’s largest mutual fund with a net asset value in excess of N25 billion (as at December 2007). It is the only bank that has a direct subsidiary that is a pension fund administrator; through the market leading IBTC Pension Managers Limited (IPML).

Responsibilities:
Ensure correct procedures for handling clearing cheques, scheduling of outward cheques after receiving it from the tellers, Ensure due diligence on the cheques handling.
Prepare Caution notices as applicable. Hand over returned cheques to TLCS for onward delivery to customers following the laid down procedures.
Process outward clearing cheques in line with the procedures.
Posting of cheques into relevant accounts.
Moved processed cheque to Clearing house (CBN) following laid down procedures.
Scheduling of outward cheques after receiving it from the tellers.
Ensuring due diligence on the cheques handling.
Prepare Caution notices as applicable.
Hand over returned cheques to TLCS for onward delivery to customers.
Ensure laid-down procedures are adhered to when handing over returned cheques to TLCS.
Ensure outward clearing cheques are photocopied and duly filed.
Posting of cheques in the correct accounts into relevant accounts.

Qualification/Experience
First degree in any discipline.
Minimum of 2 years branch banking experience, with exposure to tellering and safe custody.
Broad understanding of the bank’s procedures and policies and the application of the Group Reference Guide.
Knowledge of the Code of Banking Practice.
Comprehensive knowledge of bank’s laid-down instructions regarding clearing and other related branch job.
Knowledge of the NDS System in relation to own department.
Sound understanding of the entire process of transactions from customer to Operations Support Centre/Proof of Deposit.
Understanding of the impact and inter-relatedness of the services provided to branch staff and customers.

How to Apply:
Interested candidates should apply within.

NB: ignore the expiry date written on the job link as the job was only posted 4 days ago. Expired jobs are deleted from the Stanbic IBTC portal.

http://www.jobberman.com/job/170742/...ibtc-bank-plc/