Transaction Processing Specialist

4 weeks ago


Johannesburg, Gauteng, South Africa Isilumko Staffing Full time
Job Opportunity: Transaction Processing Specialist

Isilumko Staffing is seeking a skilled Transaction Processing Specialist to join our team. As a key member of our operations team, you will be responsible for ensuring the accurate capture and processing of financial transactions.

Key Responsibilities:
  1. 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.
  2. Cheque Processing:
    • Ensure daily balance and processing of Rand and Foreign Cheque transactions.
    • Update CQM with precise and correct data.
  3. 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.
  4. 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).
  5. Query Handling:
    • Address queries from branch business partners related to processing products captured within CIB Branch.
  6. Forex and Treasury Oversight:
    • Scrutinize forex and treasury reports.
    • Ensure all items are attended to and accounted for in daily operations.
  7. Daily Clearances:
    • Confirm daily clearance of items on the Cats Accounts.
  8. Compliance and Targets:
    • Adhere to SLAs (Service Level Agreements) and meet required performance targets.
    • Ensure compliance with all bank policies.
  9. Incident Reporting:
    • Raise incidents for all system issues promptly.
  10. Leave and Authorization:
    • Discuss and seek approval for leave from Team Leader before loading on ESS.
  11. Authorization Signatures:
    • Ensure entries have the appropriate authorizing signatures for various business units.


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