role holder is responsible for assisting the Head of Clearing Operations in overseeing the operations of the Automated Clearing House, which includes providing clearing and settlement services to commercial banks, switches, Government, Ministries, Departments and Agencies.
Key Duties and Responsibilities
Strategic Responsibilities
Deliver efficient and effective clearing and settlement services whilst continually adhering to high procedural and regulatory standards.
Contribute as appropriate to the performance of other functions and to the overall achievement of the Bank’s strategic objectives.
Work effectively as part of the Clearing Operations team to deliver on the Key Result Areas and demonstrate competencies of his/her role.
Technical and Operational Responsibilities
Ensure the smooth operation of the Automated Clearing House.
Ensure compliance by ACH participants to KBA Standards and Regulations.
Approve Clearing Voucher/Return codes.
Review and approve Bank and Branches codes.
Coordinate ACH System maintenance and upgrades..
Supervise processing of Outward cheques, Inward cheques, and cheque verification.
Supervise processing of Outward EFTs (unpaid EFT credits), and Inward EFTs Credits.
Supervise processing of Domestic Foreign Currency Cheque Clearing (DFCCC).
Supervise the processing of Non-CTS compliant cheques.
Monitors Banks’ DFCC Guarantees.
Supervise MICR cheque readers system.
Monitor set
