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Job Title: Team Lead, Processing

Organisation: DFCU Bank

Duty Station:  Kampala, Uganda

Reports to: Manager- Cash Management Operations

About US:

DFCU Bank is a fast growing commercial bank offering a variety of innovative products and services. DFCU Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Later restructuring brought in DEG (of Germany) and International Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake in the company. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.

Job Summary:  Reporting to the Manager- Cash Management Operations, the role holder will be responsible for overseeing the daily activities of the international and local payments in line with laid down procedures and regulatory requirements to minimize risks or losses.

Key Duties and Responsibilities:

• Carry out processing responsibilities of verification and authorization all RTGS, Telegraphic and foreign drafts timely and accurately.
• Performance of due diligence on transactions prior to processing.
• Proactively review, investigate, and clear any reconciliation items on the BOU and NOSTRO accounts daily.
• Coordinating detailed investigation and root-cause analysis of queries from customers and ensuring that they are resolved to the mutual satisfaction of all parties.
• Compliance with the set service standards and escalation of any exceptions.
• Drive process improvement by identifying process gaps and implementing the enhancements to close the gaps.
• Escalation through incident reporting of any process gaps that result into potential or actual operational losses to the Manager Cash Management Operations.
• Prepare and submit the Monthly National Payments System and other regulatory Reports to Bank of Uganda.
• Supervise and develop direct reports.
• Spearhead the implementation of the initiatives to improve process improvements in the Processing operations.
• Identify, monitor and reporting suspicious activity in line with the AML/CFT, KYC programs in and the bank policies / regulatory framework.
• Conduct spot checks on draft stock for all foreign currency and ensure that they are kept under safe custody.

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Qualifications, Skills and Experience:

• The ideal applicant must hold a Bachelor’s Degree.
• At least four years working experience in Banking operations.
• Understanding of Bank procedures, policies, and BOU processing guidelines.
• Ability to supervise, train staff, including organizing, prioritizing, and scheduling work assignments.
• Knowledge and understanding of the back-office operation, procedures, and processes.
• The ability to identify and engage with all the key stake holders in the organization.
• General awareness of risk management practices.
• High affinity for structure and attention to details.
• Excellent problem-solving skills.
• Proactive approach to work with a high level of maturity and self-drive.
• High standards of integrity and honesty.
• Excellent interpersonal and communications skills.
• Strong problem solving skills.
• Strong skills at relationship building.
• Able to work under very demanding deadlines or

How to Apply:

If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), to the email address indicated below;

Vacanciesbank@dfcugroup.com

Deadline: Wednesday 8th February 2023

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