Manager ¿ CPU (Inward Remittance)
United Bank Limited
Date: 1 day ago
City: Karachi
Contract type: Full time
Job Title:
Total Position:
Job Type
Job Location:
Minimum Education:
Minimum Experience:
Apply By:
Posted On:
Eligibility Criteria:
Key Responsibilities: The incumbent will be responsible to manage the process efficiently and error free scrutiny and supervision / authorization of transactions, as per Standard Operating Procedure, in order to provide quality services to internal and external customer without compromising on risk and controls.
Manager ¿ CPU (Inward Remittance)
Total Position:
Multiple
Job Type
Permanent
Job Location:
Karachi
Minimum Education:
Bachelor
Minimum Experience:
7 - 10 Year
Apply By:
15-JAN-25
Posted On:
23-DEC-24
Eligibility Criteria:
-
Bachelor’s or Master’s degree from HEC recognized university, preference will be given to Masters
7 to 10 years’ experience in centralized operations inward remittance
Key Responsibilities: The incumbent will be responsible to manage the process efficiently and error free scrutiny and supervision / authorization of transactions, as per Standard Operating Procedure, in order to provide quality services to internal and external customer without compromising on risk and controls.
-
Prepare and implement SOP for the areas under responsibility and awareness of processes amongst team members. Identify system / process vulnerabilities and gaps
Familiarization with SOP, SBP Guidelines & Prudential regulations
All complaints / queries related to inward foreign remittances receive through emails / Swift to be handled in timely manner with Zero Tolerance
Ensure cover funds must receive in our Nostro Accounts before processing their payments and charges are recovered while supervision of transaction as per SOC
Ensure appropriate and adequate documentation is in place for process actions and educate staff on types of transactions to be referred to supervisor’s / line managers
Supervise and authorize transactions / amendments / cancellations, etc. as per SOP
All pending MT103 are reconciled against OAS Report (Loaded Messages) on a daily basis to ensure no payment message is misplaced or unattended. Trade, Treasury and EPZ related payment shall be deleted from CBS
Computations for Withholding Tax, Prepare WHT Data for Deduction through FPP portal and Create WHT Tax Computations and Payment Challan for Finance Division (Taxation)
Prepare and monitor leave roster of your staffs and ensure that mandatory leave is availed by staff as per Bank policy
Prepared data / reports required by SBP and Coordinate with External Enquiries / Data Requisitions Raise by Compliance for FIA/NAB etc
Ensure to review and reconciliation of Nostro outstanding entries received from Treasury Operations and to avoid any payment missing / unsettled
Identify training needs for staffs and recommend appropriate training programs to line manager
Ensure timely and accurate preparation of ITRS returns / reports and submission of the concern
Timely provide details requested by Investigation, Product, Compliance, Finance and SBP
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