Sub Category

Trainee / Graduate Jobs

Administrative Jobs in Nigeria

Advertising Jobs Nigeria

Accounting Jobs in Nigeria

Auditing Jobs Nigeria

Arts Jobs in Nigeria

Android / IOS Developer Jobs

Agriculture Jobs in Nigeria

Architecture Jobs in Nigeria

Aviation Jobs in Nigeria

Automobile Jobs in Nigeria

Banking Jobs in Nigeria

Computer & InfoTech Jobs

Computer / IT Support Jobs

Customer Service Jobs

Civil Engineering Jobs

Cook / Chef Jobs

Database Jobs in Nigeria

Driving / Dispatch Rider Jobs

Education Jobs for Nigerians

Real Estate Jobs

Electrical/Electronics Jobs

Engineering Jobs in Nigeria

Facility Mgt Jobs in Nigeria

Finance Jobs in Nigeria

Front Desk Jobs in Nigeria

Geology Jobs

Government Jobs in Nigeria-

Graphics Design Jobs

Hospitality Jobs in Nigeria

Hotel Jobs in Nigeria

HR Jobs in Nigeria

Industrial Attachment (Internship)

Insurance Jobs in Nigeria

Journalism / Content Writing Jobs

Law Enforcement / Security Jobs

Lecturing Jobs in Nigeria

Law / Legal Jobs in Nigeria

Linux & Unix Jobs Nigeria

Marketing & Sales Jobs

Maritime & Shipping Jobs

Medical & Healthcare Jobs

Military Jobs in Nigeria

Computer Networking Jobs

NGO Jobs in Nigeria

Oil & Gas Jobs in Nigeria

Oracle Jobs in Nigeria

Personal Assistant Jobs

PHP & MySQL Jobs in Nigeria

Physician / Medical Officer Jobs

Public Relation Jobs

Programming / Software Jobs

Pri/Sec Sch Teaching Jobs

Real Estate Jobs in Nigeria

Remote / Work-at-home Jobs

Research Jobs in Nigeria

Safety & Health Jobs

Secretarial Jobs in Nigeria

Security Jobs in Nigeria

Sales Jobs

Shipping & Maritime Jobs

Student Jobs in Nigeria

Software Developer Jobs

System Admin Jobs in Nigeria

Teaching Jobs in Nigeria

Telecommunication Jobs

Semi-skilled / Factory Work

Volunteer Jobs Nigeria

Web Developer Jobs Nigeria

Web Designer / Frontend / UI Jobs


Job Filter

Get Latest Nigerian Jobs Alert!
Enter your email below.










  
          Popular Jobs
Co-creation Hub (CcHUB) Nigeria Job Recruitment (3 Positions)

Elizabeth Maddeux Limited Job Recruitment (3 Positions)

Eta Zuma Mining and Industries Limited Job Recruitment (3 Positions)

Coca-Cola Company Job Recruitment (3 Positions)

Elvaridah Limited Job Recruitment (11 Positions)

ActionAid (AA) Nigeria Job Recruitment (5 Positions)

Lightheights Global Services Internship & Exp. Job Recruitment (4 Positions)

PZ Cussons Nigeria Limited Job Recruitment (9 Positions)

Federal College of Education, Eha-Amufu Job Recruitment

LaborHack Job Recruitment (3 Positions)

Media Insight Job Recruitment (6 Positions)

Perfetti Van Melle Nigeria Limited Job Recruitment (3 Positions)

News Reporter at Media Insight

Marriott International Job Recruitment (11 Positions)

Roqqu Nigeria Limited Job Recruitment (5 Positions)

Duplo Job Recruitment (3 Positions)

Future Moves Recruitment Agency (FMR Agency) Internship & Exp. Job Recruitment (6 Positions)

Oasis Africa Consulting Limited Job Recruitment (3 Positions)

Iteka Integrated Services Limited (IISL) Job Recruitment (5 Positions)

H&Y Furniture Manufacturers Job Recruitment (3 Positions)

ReelFruit Job Recruitment (4 Positions)

Manuel Media Graduate Trainee, Internship & Exp. Job Recruitment (3 Positions)

Primestix Construction Limited Job Recruitment (4 Positions)

FMC Agency Limited Job Recruitment (3 Positions)

Azuks Works Consult Job Recruitment (4 Positions)

Tempkers Limited Job Recruitment (10 Positions)

My-HRpro Consulting Limited Job Recruitment (3 Positions)

Stanbic IBTC Bank Job Recruitment (15 Positions)

Ama-Zuma Oil & Gas Nigeria Limited Job Recruitment (9 Positions)

Bourbon Interoil Nigeria Limited Job Recruitment (7 Positions)

The Label Store Job Recruitment (7 Positions)

CredPal Limited Job Recruitment (7 Positions)

Airpress Technical and Allied Services Limited Job Recruitment (3 Positions)

Mshel Homes Limited Job Recruitment (5 Positions)

Yahweh Healing Hearts Ministries (YHHM) Job Recruitment (9 Positions)

American Tower Africa Job Recruitment (3 Positions)

Babban Gona Farmer Services Nigeria Limited Internship & Graduate Job Recruitment (4 Positions)

Operations - Career Accelerator Program at Babban Gona Farmer Services Nigeria Limited

Guufs International Limited Job Recruitment (3 Positions)

Technology - Career Accelerator Program at Babban Gona Farmer Services Nigeria Limited

Domeo Resources International (DRI) Job Recruitment (4 Positions)

British American Tobacco Nigeria (BATN) Job Recruitment

Helean Global Limited Job Recruitment (7 Positions)

S.P.A. Ajibade & Co. Job Recruitment (3 Positions)

Cummins Nigeria Job Recruitment

Prime Atlantic Cegelec Nigeria (PACE) Job Recruitment (27 Positions)

Deloitte Human Capital Consulting Job Recruitment (16 Positions)

Ant Shopping Online Job Recruitment (3 Positions)

Starke Fitness Job Recruitment (5 Positions)

Lily Hospitals Limited Job Recruitment (10 Positions)


Assistant Manager, Settlement & Operations (PAPSS), PAPPS at the African Export Import Bank (Afreximbank)

Posted on Tue 17th Dec, 2024 - hotnigerianjobs.com --- (0 comments)


African Export Import Bank (Afreximbank) was established in Abuja, Nigeria in October, 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade.

The Bank, headquartered in Cairo, the capital of the Arab Republic of Egypt, commenced operations on 30 September, 1994, following the signature of a Headquarters Agreement with the host Government in August, 1994. It has branch offices in Harare, Abuja and Abidjan and will open an East Africa branch office shortly.

We are recruiting to fill the position below:

Job Title: Assistant Manager, Settlement & Operations (PAPSS), PAPPS

Job ID: MTSO11
Location: Cairo, Egypt
Employment type: Full-time

Responsibilities

  • The candidate must have a detailed real-world understanding of Retail payment systems gained in a bank or similar financial institution such as Switches and Payment Service Provider (PSPs) with vast experience in instant payments.
  • The chosen candidate will be responsible for daily supervision of PAPSS Operations, Settlement activities and Reconciliations of PAPSS Vostro accounts with the commercial banks and central banks.
  • Engagement of all PAPSS participants (Banks, switches & PSPs), ensuring timely resolution of PAPSS operational issues.

PAPSS Reconciliations and Investigations:

  • Responsible for all PAPSS settlement Vostro reconciliations daily.
  • Daily reconciliation of PAPSS Marketplace bank accounts and other general Vostro administration functions.
  • Responsible for the investigation and resolution of any claims or queries relating to the PAPSS participants’ activities on the Instant Payment System, Marketplace and any other PAPSS Products.
  • Responsible for ensuring that all matters are closed and highlighted in the PAPSS end-of-day report
  • Ensuring smooth, timely and hitch-free participants funding of PAPSS settlement accounts.

PAPSS Reporting, Team management and Communication:

  • Providing periodic PAPSS Settlement reporting to Manager Operations as and when required.
  • Responsible for maintaining effective communication channels with participating entities, Afreximbank Treasury and colleagues including Senior PAPSS Management on matters that relate to PAPSS settlement activities
  • Daily processing & control of related financial transactions (inward/outward) in accordance with documented procedures.
  • Ensure all payments and settlements are made on time in accordance with local cut-off times and documented procedures.
  • Accurate tracking and settlement of client instructions within defined SLA.
  • Manage and control all incoming participant queries and provide a holding response within SLA.
  • PAPSS Instant Payment System Settlement Data Ownership and Custody.
  • Monitor and report daily position of participants’ settlement LCY accounts in PAPSS.
  • Daily verification, matching of all clearing, Nostro and settlement accounts in PAPSS.
  • Preparation of daily, weekly, and monthly reconciliations reports for management.
  • Review PAPSS operations and ensure compliance with policies and procedures and country regulatory requirements.
  • Provide support on audit issues pertaining to PAPSS operations, including management response, follow up, correction and reporting.

Compliance Responsibilities:

  • Understand and adhere to the PAPSS/Bank’s AML, Regulatory and Conduct Compliance policies and procedures.
  • Report any suspicious or non-compliant activities or matters relating to the Bank’s staff or the customers to the Compliance Department.
  • Complete the Annual Compliance Training/Assessment.

Requirements
Qualification and Skill:

  • Master's Degree in Accounting, Banking or financial management.
  • At least 5 years of professional experience in Operations, Settlement, Payment & Reconciliation department of a bank or fintech with a strong focus on cross border Payment for trade & services, preferably at a regional or continental level.
  • Excellent verbal and written communication skills in English. Another language such as French or Arabic is an added advantage.
  • Operational experience in a financial department with significant systems exposure.
  • Excellent and demonstrated knowledge of messaging standards (eg, MT202, MT210, MT103 etc).
  • Excellent and demonstrated knowledge of ISO 20022 MX messaging (eg. PACS.008, PACS.003 etc).
  • Sound knowledge of banking operations, procedures, confidence working with numbers, confidentiality and integrity, teamwork, organization, and decision making.
  • Excellent Knowledge of trade products and procedures like LC, LG, documentary collections etc.
  • Proficiency level: use of Microsoft Excel, PowerPoint, QuickBooks, Sage, SAP, Oracle NetSuite, ReconArt etc.

Afreximbank’s Core Values:

  • Commitment to Africa and supporting the emancipation and empowerment of Africans
  • Uncompromising integrity
  • Passion for Learning and Drive
  • Teamwork
  • Trust and Respect for the Individual
  • Innovation, Excellence and Flexibility
  • Professionalism and Responsiveness.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Note

  • Must be willing and able to relocate to Cairo for the opportunity.
  • Suitably qualified candidates from all African nationalities are encouraged to apply.

  

Comments (0)


Post a Comment
Name: *
Email: *
Comment: *