Specialist Vostro

Johannesburg, Gauteng, South Africa

Job Description

Requisition and Specialist Recruiter Details
REQ 142022 - Twanette Coetser
Closing Date - 29 September 2024
Cluster & Location
Nedbank CIB Banking - Rand Payment Operations: Account Services
135 Rivonia, Sandown - Gauteng
Career Stream
Administration, Transactional Processing and Production
Leadership Pipeline
Manage Self: Technical
Specialist Vostro
Job Purpose
To provide quality and accurate business administrative support services to internal and external stakeholders enabling Nedbank to achieve its business goals.
Job Responsibilities

  • Action stakeholder requests by capturing and processing the administration request on the relevant system.
  • Action vendor invoice payments by capturing and processing the data on the relevant system.
  • Perform reconciliations from Supplier invoice and general ledger accounts by comparing with the supporting documents.
  • Compile a catalogue of services by allocating costs per product.
  • Ensure recovery of costs for services rendered by maintaining and monitoring the transfer pricing system.
  • Monitor financial performance by analysing actuals to variances.
  • Minimise financial and reputational risk by ensuring accuracy of processing activities.
  • Provide feedback to internal and external stakeholders by generating and making available relevant reports and MIS.
  • Meet and exceed internal and external client needs by timeously responding to queries and actioning the request within the Service Level Agreement (SLA)
  • Ensure to follow through relevant tasks by monitoring and verifying the process flow till completion.
  • Ensure to verify and authenticate reports, data and transactions by physically extracting, generating and checking reports from the system.
  • Verify client information on systems in accordance with Nedbank policies and FICA rules.
  • Maintain and update the administration files and legal documents by saving electronic files on server or physical secure repository.
  • Escalate anomalies where cases or call records not found or if there a mismatch of accounts are not logged by emailing Team Manager.
  • Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
  • Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
  • Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced, and certifications obtained and/or maintained within specified time frames.
  • Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.
  • Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
Requirements
  • NQF Level 6 or Higher in a Finance, Commerce, Economics, or Information Systems
  • Minimum 3 -5 years in banking operations, payments, or client services
  • Exposure to international transactions, correspondent banking, or multi-currency clearing
  • Experience with reporting, reconciliations, and regulatory compliance
  • Strong analytical and reconciliation skills
  • Knowledge of FICA, AML, and KYC regulations
  • Proficiency in SWIFT messaging standards
Technical / Professional Knowledge
  • Administrative procedures and systems
  • Banking knowledge
  • Banking procedures
  • Business terms and definitions
  • Data analysis
  • Relevant regulatory knowledge
  • Business writing skills
  • Product Knowledge
  • Relevant system knowledge
  • Governance, risk and controls
Behavioural Competencies
  • Communication
  • Collaborating
  • Customer Focus
  • Initiating Action
  • Work Standards
  • Managing Work

Please contact the Nedbank Recruiting Team at +27 860 555 566
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Job Detail

  • Job Id
    JD1526120
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned