Job Title: IT Manager Organisation: Yako Bank (U) Limited Duty…
Manager, Agency & Product Reconciliation Jobs – KCB Bank
Job Title: Manager, Agency & Product Reconciliation
Organisation: KCB Bank
Duty Station: Kampala, Uganda
About the Company:
KCB Bank Uganda Limited which is part of KCB Group, East Africa’s largest commercial bank that was established in 1896. Over the years, the Bank has grown and spread its wings into Tanzania, South Sudan, Uganda, Rwanda and Burundi completing the East African circuit in the year 2012. Today, the Group has the largest branch network in the region with over 238 branches, 950 ATMs and 8,000 agents offering banking services on a 24/7 basis in East Africa. KCB Bank Uganda was established in the year 2007 and has grown to become one of Uganda’s top ten commercial banks.
Key Duties and Responsibilities:
- Ensure items are reconciled timely and accurately in Nostro accounts, suspense accounts, telecom agency money transfer accounts and collection accounts as per the Reconciliation Guidelines.
- Ensure reconciliation and settlements are done on international agent money transfer accounts and card related accounts in line with agent policies and procedures as well as bank accounting procedures.
- Oversight and management of Telecom money transfer float to and from branches and on the Bank’s OVAs.
- Monitor and ensure exceptional items are tracked and escalated as stipulated in Reconciliation Guidelines.
- Monitor and ensure prompt response to reconciliation related queries from other subsidiaries and branches.
- Ensure timely presentation of end of month reports and returns where applicable to Finance and Risk Departments.
- Participate in projects within the Department, including automation and new products.
- Participate in the identification, control and reporting of key risk indicators with in the Operations department.
Daily responsibilities:
- Review and verify reconciliation returns and postings of all suspense accounts held within Head Office operation’s department.
- Oversee and guide reconciliation team so as to ensure all disputes (chargebacks) are handled and processed in a timely manner, and measures put in place to mitigate any exposures.
- Participate in projects within the Department, including automation and new products.
Qualifications, Skills and Experience:
The applicant should have relevant qualifications
How to Apply:
All suitably qualified and interested applicants should apply online at the link below.
Deadline: 27th January 2025
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