Cash & Settlement Officer

Job Description

Job PurposeTo provide quality and accurate business administrative support services to internal and external stakeholders enabling Nedbank to achieve its business goals.Job ResponsibilitiesAction stakeholder requests by capturing and processing the administration request on the relevant system.Action vendor invoice payments by capturing and processing the data on the relevant system.Perform reconciliations from Supplier invoice and general leadger accounts by comapring with the supporting documents and Management Information Systems (MIS).Contribute to revenue increase by driving the submitted sales to completion.Compile a catalogue of services by allocating costs per product.Ensure recovery of costs for services rendered by maintaining and monitoring the transfer pricing system.Ensure delivery of value for services rendered by utilising product MIS as input into vendor engagement meetings for the purpose of driving down costs.Monitor departmental financial performance by analysing actual to budget variances.Contribute to efficient budget compilation by applying statistical growth information to financial expenditure requirements.Minimise financial and reputational risk by ensuring accuracy of processing activities.Minimise operational costs by avoiding unnecessary expenditure.Provide feedback to internal and external stakeholders by generating and making available relevant reports and MIS.Meet and exceed internal and external client needs by timeously responding to queries and actioning the request within the Service Level Agreement (SLA)Ensure to follow through relevant tasks by monitoring and verifying the process flow till completion.Ensure to verify and authenticate reports, data and transactions by physically extracting, generating and checking reports from the system.

Responsibilities + Skills

Tracking cost against a budgetCapturing dataChecking accuracy of reports and recordsDrafting reportsManaging customer expectationsTechnical / Professional KnowledgeAdministrative procedures and systems

Education

Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managersEnsure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.

Experience

BDAExcellQuery resolution systemsJSE Settlement Officer exam is an advantage

Job Summary

  • Published on: Monday, 9th March 2020
  • Designation: Cash & Settlement Officer
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: not
  • Gender:
  • Application Deadline: Monday, 9th March 2020

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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