Fresher Disbursement Inputter Job Opportunities – Barclays Bank UK

Job Title:       Disbursement
Organisation: Barclays
Bank UK
Duty Station: Kampala,
Reports to: Manager,
Disbursements & Collections Postings
About Barclays UK:
Barclays is a
British multinational banking and financial services company headquartered in
London. It is a universal bank with operations in retail, wholesale and investment
banking, as well as wealth management, mortgage lending and credit cards. It
has operations in over 50 countries and territories and has around 48 million
customers. As of 31 December 2011, Barclays had total assets of US$2.42
trillion, the seventh-largest of any bank worldwide.
Job Summary: The
Disbursement Inputter will credit approved loans onto Customer loan accounts to
contribute to business growth in line with the Barclay’s policies and
procedures and to post collection payments received to achieve impairment
Key Duties and Responsibilities: 
Crediting approved
loan applications (40%)
  • Confirm loan details or type loan i.e. secured, takeover or
  • Create loan account for loans that are to be disbursed.
  • Disburse all loans applications that meet the required criteria and
    update the system and the CAM report with stamp signature.
  • Adhere to timelines for crediting secured loans after security
    perfection certificate and safe to lend documentation have been received.
  • For new loans check for salary credits to ensure that salaries are
    received through Barclays before loan account has been opened.
  • Confirm that the outgoing RTGs amount is in line with the
    outstanding amount on the loan statement for takeovers.
  • Confirm that the outgoing RTGs amount is in line with the balance on
    the top up for all existing borrowers.
  • Forward all applications that do not meet the requirements to the
    receipt desk for outbound courier after updating the system (including
    loan tracker).
  • Remit insurance premium and stamp duty for the month to the insurer
    and URA respectively.
  • Conduct post disbursement call over to ensure accuracy of all
    information captured during the loan processing chain (standing order
    amount, insurance fees, interest rates, loan duration, amount borrowed)
    using the Loans disbursed and the insurance premium.
  • File loan applications that have been disbursed for future
Data Capture (35%)
  • Create loan account for loans that are to be disbursed.
  • Disburse all loans applications that meet the required criteria and
    update the system and the CAM report with stamp signature.
  • Scan Reconciled RTGS on a daily and have these sent through by
    3.00p.m for on ward processing by your authorizer.
  • Receive payment schedules and instructions from the collections team
    whenever posting.
  • Confirm that totals on the payment instructions and schedules
    attached tally before posting.
  • Ensure that the signatures have been verified on all authorized
    instructions/cheques before proceeding to post.
  • Return all Payment instructions that don’t meet requirements to your
    Supervisor for correction.
  • Receive duly signed collection payments instructions from the Team
    leader for Posting.
  • Ensure accurate and timely posting of daily and month end
    collections to achieve the RCT Impairment target.
  • Ensure all scheme loan cheques received by 3.00 p.m are posted same
  • Ensure that clearance cheques, drafts are put on schedule and
    delivered to Sybrin same day by 3:30 p.m.
  • Ensure proper filling of every documents; loan files /sheets processed
    by self for purposes of records management and a clean audit report.
  • Identify any schedules with items not posted due to closed, invalid
    and missing accounts whenever they arise to your supervisor.
  • Ensure loans to re-align and write-off are posted off with in 48
  • Ensure loans to delink, place holds and lifting are posted same day
  • Ensure all over draft applications are processed on time and comply
    with OD processing checklist.
  • Achieve a satisfactory Audit Rating
Control (10%)
  • Ensure reconciliation of the General Ledgers if any is assigned to
  • Confirm that the amount credited to the customers loan account is
    the same as that on the loan schedule from the companies.
  • Ensure that all necessary debits off the scheme loan GL have been
    effected into the individual loan accounts
  • Forward all suspicious transactions to the fraud team for
  • Conduct snap checks as assigned by a designated official.
  • Ensure safe custody of documents, tools and passwords to all systems
    at all times.
  • Ensure accuracy of information entered in the system and standard
    templates at all stages of the process.
  • Ensure reconciliation of the General Ledgers if any is assigned to
Call over (5%)
  • Review transactions on Scheme Suspense GL to confirm any RTGS to be
    sent through for processing on a daily.
  • Print out the general ledger statement (scheme loan suspense
    account) and perform a call over against payment schedules when assigned
    to do this.
  • Identify anomalies (missing account numbers, invalid or closed accounts)
    and advise your Team leader for prompt rectification by the originators.
  • Rectify errors related to wrong postings of payments and loan
    disbursement within the system promptly.
Customer service
  • Respond to queries relating to the scheme posting and loan crediting
    process from various stake holders within the set timelines.
  • Adhere to timelines within the service level agreements (SLAs) to
    ensure efficiency and quick turn around time (TAT) in loan processing.

Qualifications, Skills and Experience:
  • The ideal candidate for the Barclays Bank Disbursement Inputter job
    placement should have a good understanding the Barclays end-to-end retail
    lending process.
  • Knowledge of Barclays Retail lending policies.
  • Knowledge of finance or accounting.
  • Preferred: Banking knowledge
  • Speed and Accuracy.
  • Computer literacy (strong keyboard skills).
  • Analytical ability.
  • Communication skills.
  • High level of attention to detail.
  • Organizational skills.
  • Interpersonal skills.
Essential Training:
  • Know your customer (KYC) standards.
  • Customer service, TCF and complaints handling.
  • Sanctions and Anti money laundering.
  • Information security awareness,
  • Records management.
  • Data privacy.
  • Fraud awareness.
  • Performance development.
  • Barclays retail lending policies and end to end processes.
  • Product knowledge (Retail Asset products)
  • Flexcube system.
  • Preferred
  • Credit analysis.
  • Transact SM
  • Scheme Posting and Disbursement Process
How to Apply:
If you feel
challenged by any of the above positions, and believe you can deliver on key
deliverables as outlined above, upload your application letter, current
curriculum vitae and photocopies of academic certificate to our recruitment
website detail below:
Barclays is an equal
opportunity employer that recruits, develops and promotes people on merit, and
rewards outstanding performance, regardless of background and gender.
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latest jobs, please visit http://www.theugandanjobline.com or
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