Job Description

CORE PURPOSE OF THE JOB





To provide administrative support to the Sales representatives (advances) in respect of finance deals approved, to ensure that the pre and post administration aspects of the respective deals are completed in an efficient and effective manner with strict adherence to the Bank's policies and procedures.





MAIN FUNCTIONS OF THE JOB

Sales

Administration

Creation of non-FICA compliant customers and sureties on the bank's system Updating of existing CIF information on the system which includes customer demographic information and financial information for individuals and companies. Creation of the necessary General Accounts for each customer, Creation of vendors and Vendor Payable accounts. Liaising with Sales representatives regarding queries on a specific customer creation. Creating collateral on FMS for all finance transactions. Creation of all finance facilities on core banking system for new, increase, decrease and modification for all Finance products. Scanning all necessary information on the Bank's document management system Creation of drawdown on core banking system for finance deals in order for documents to be extracted by Credit Administration Hub. Conducting Watch list checking for onward submission Updating of Murabaha Trade Facilities upon review.

Pay-out

Finalising IIS drawdowns and submission to Supervisor / Advances Support Manager for approval for motor vehicle, trade and equipment deals.



Capturing IIS drawdowns and submission to Supervisor / Advances Support Manager for approval for Musharaka 3rd Party and Equity deals. Capturing CSM Swift / Corp for payments to be processed.

Post Pay-out
Loading of debit orders for all new finance transactions within 10 days from payout.



Uploading the deal invoice for motor vehicle and equipment onto Sharepoint within 5 days after payout is concluded

Customer Maintenance




Correction of collateral values based on the exposure report submitted by CAH.



Updates figures as per Annual Financial Statements on the core banking system for entities once received from Sales




Other




Capturing of Advances fees on the banks Sharepoint site



Dealer / Supplier to be contacted to verify banking details



Finalisation of Non-Finalised Deal payments

QUALIFICATIONS

Matric



BCOM Degree or Relevant Diploma will be an advantage



Advanced Computer skills

PREFERRED

EXPERIENCE

2 years Administration experience



At least 1 years' experience within a Financial Services institution will be an advantage

KNOWLEDGE

Banking




Please dont forget to add this in your adverts on Directhire





Al Baraka Bank is an Equal Opportunity Employer. Applicants from the previously disadvantaged groups and people with disabilities will be given preference