Job Description
Job Opportunity: Transaction Processing Specialist
Responsibilities:
-
Transaction Capture:
- Accurately capture all financial transactions on the Branch Delivery System, Domestic Treasury, BANCS V5, and Forex.
- Monitor Entries and Queries boxes to address and resolve issues promptly.
-
Cheque Processing:
- Ensure daily balance and processing of Rand and Foreign Cheque transactions.
- Update CQM with precise and correct data.
-
Report Scrutiny:
- Scrutinize reports on all processing VLANs to verify the accuracy of entries.
- Undertake required scrutiny of reports as per the Group Reference Guide.
-
Bills and Suspense Accounts:
- Monitor Bills of Exchange, unnumbered bills payables, and Unposted accounts daily.
- Balance and scrutinize daily suspense accounts for Rejecteds, Forex, and DIT (Domestic Treasury).
-
Query Handling:
- Address queries from branch business partners related to processing products captured within CIB Branch.
-
Forex and Treasury Oversight:
- Scrutinize forex and treasury reports.
- Ensure all items are attended to and accounted for in daily operations.
-
Daily Clearances:
- Confirm daily clearance of items on the Cats Accounts.
-
Compliance and Targets:
- Adhere to SLAs (Service Level Agreements) and meet required performance targets.
- Ensure compliance with all bank policies.
-
Incident Reporting:
- Raise incidents for all system issues promptly.
-
Leave and Authorization:
- Discuss and seek approval for leave from Team Leader before loading on ESS.
-
Authorization Signatures:
- Ensure entries have the appropriate authorizing signatures for various business units.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Banking Jobs in Gauteng
The banking industry in Gauteng, South Africa is a dynamic and growing sector, with a strong demand for skilled professionals. Typically, job seekers in this field can expect to find opportunities across various sectors, including financial services, technology, and manufacturing. Generally, the industry outlook remains positive, with a common expectation of steady growth and expansion.
When it comes to salary expectations, banking positions in Gauteng typically fall within broad ranges, often influenced by factors such as experience, company size, and industry sector. For instance, entry-level positions may start around R400 000 per annum, while senior roles can exceed R800 000. However, please note that these figures are approximate and can vary significantly depending on individual circumstances.
Common skills required for banking roles in Gauteng include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and interpersonal skills, and a solid understanding of regulatory requirements. Other essential skills often include technical expertise in areas such as accounting, risk management, or compliance. Additionally, many employers place a high value on emotional intelligence, creativity, and adaptability.
The banking industry is commonly found in sectors such as financial services, technology, manufacturing, and corporate finance. Financial services companies, for example, are often major players in the industry, while technology firms may require banking professionals with technical expertise. Manufacturing sector banks also exist, catering to the needs of specific industries.
Career development opportunities abound in the banking industry, with many positions offering clear career progression paths. Typically, entry-level roles can lead to senior management positions or specialized fields such as risk management or compliance. Opportunities for professional development, training, and mentorship are often available within organizations, allowing professionals to build expertise and advance their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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