Payments Officer

Reposted 5 Days Ago
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Ebene, Plaine Wilhems, MUS
In-Office
Entry level
Financial Services
The Role
The Payments Officer is responsible for verifying payment operations, ensuring compliance with processes, managing staff, overseeing risk management, and producing reports.
Summary Generated by Built In
Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

Job Summary

To verify the Payment and Transaction Operations from a people, process and control point of view.

Job Description

Processing
  • Undertake required processing and servicing activities in accordance with set operations procedures.

  • Ensure operational excellence in all aspects of activities, processes and procedures undertaken by the team.

  • Comply with operational risk and standards in respect of protecting people, customers, assets and the organisation.

  • Achieve individual operational performance targets and assist in the achievement of team targets.

  • Support Payments Supervisor / Team Leader / Manager  to achieve individual customer service targets (both internal and external) and enable the achievement of team targets

  • Action any complaints / queries received in accordance with procedures.

  • Support in providing statistical figures and MI on regular basis as requested

  • Liaise with other operational units to expedite activities

Staff Management
  • Responsible for managing subordinate staff activity on a day to day basis

  • Identify appropriate training requirement for self and team

  • Supervise and motivate staff to create team spirit

  • To undertake Performance Development  Performance Improvement Plan as and when required

  • To ensure relief for subordinate staff

  • To ensure job rotation to provide job satisfaction and reduce risks of fraud

Risk Management
  • To keep abreast of all operating instructions, standards and procedures

  • Initiate remedial actions where loopholes in operations are identified

  • Maintain the highest standard of internal controls and operating procedures in line with Group Policies

  • To abide by any relevant policy ( e.g Best Practices Standards, Manual Payment Policy)  and ensure compliance by every staff member

  • Take accountability for monitoring and processing all transactions undertaken

Accounting and Reporting
  • Checking EOM return e.g Inward/Outward remittances

  • Producing and verifying of Management Information

  • Performing Snap checks and  any other testing as and when required

  • Abiding to the Incident Reporting procedure

  • Other reporting as and when required

  • Ensure that any relevant returns are completed within deadlines

Technical skills / CompetenciesCompetencies
  • Communication skills both written and oral

  • PC skills

  • Good interpersonal skills

  • Team Working

  • Planning & Organization

  • Problem Solving and investigation

  • Accurate

  • Proactive

  • Ability to work under pressure

Knowledge, Expertise and Experience

Essential

  • Knowledge of the Bank’s products, services, policies

  • Knowledge of Absa policies and procedures related to Foreign exchange, swift and any other Payment/Transactions standards

  • Knowledge of SWIFT operations and systems and swift standards

  • Knowledge of Payments Systems such as BAPS TRO, BAPS TRI, DHV RTGS, HVPP CBSS, Morongwa

  • Knowledge of International Banking

  • Knowledge of any other transactional system such as EBox, Teller & MNS system

  • Knowledge of relevant policies such as Best Practice Standards , Manual Payment policy

  • Knowledge of Performance Development

  • Knowledge of Absa Banking Practice and procedures

Education

Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

Top Skills

Baps Tri
Baps Tro
Dhv Rtgs
Ebox
Hvpp Cbss
Mns System
Morongwa
Swift
Teller
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The Company
HQ: Johannesburg
39,055 Employees
Year Founded: 2018

What We Do

Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.

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