Officer: Back Office Processing & Settlement FX (GL4) - International Operations
Listing reference: capbw_002697
Listing status: Online
Apply by: 1 September 2025
Position summary
Industry: Banking
Job category: Other: Banking, Finance, Insurance, Stockbroking
Location: Windhoek
Contract: Permanent
EE position: No
Introduction
Ensure accurate and timely processing, confirmation and settlement of FX deals as per laid down procedures, with guidance from direct supervisor.
Job description
1. REPORTING
- Provide monthly information on FX transactions
2. ADMINISTRATION
2.1 FOREIGN EXCHANGE
- Reuters/Morgan direct and other numerous platform deals are verified for correctness against dealers’ conversation with Forex dealer.
- Validate, process and/or diarise deals for settlement and processing on FMC.
- Actual balances and movements on Nostro accounts are summarised and given through daily to the Supervisor.
- Process entries for fees as provided by Supervisor.
- Assist Recon Officer in all outstanding recon items related to Interbank trades and provide feedback timeously.
- Monitor trade mismatches and resolve discrepancies promptly.
- Diarise forward transactions.
- Recovery of foreign bank charges.
- Upload statements in SAP ZBANKUPLOAD
2.2 FUNDING
- Capture all incoming and outgoing transactions.
- Discrepancies to be resolved with dealers on all deal slips.
- Responsible for any amendments and/or changes on accounts.
- Follow-up on maturities not paid out.
- Coordinate with internal departments and external counterparties for smooth fund flows.
- Daily update of the Funding sheet for distribution and action by Supervisor
3 CLIENT SERVICE
- Ensure timeously completion of all correspondence to counterparts.
- Queries are handled within the applicable SLA and cut-off times.
- Go the extra mile for clients with excellent aftercare.
- Maintain existing client data base with the intend of expanding the bank’s data base.
- Keep SSI’s current.
- Ensure no losses occur as a result of omissions.
- Filing of daily statements and transactions
3. GENERAL
- Adhere to policies and procedure.
- Ensure that proper record keeping procedures are adhered to ensure that all relevant clients’ records is properly kept and safeguarded against any theft, fire or other disasters and locked.
- Ensure all data are stored and managed in a neat and professional manner.
- Participate in system upgrades and UAT (User Acceptance Testing).
- Suggest and implement process improvements to increase efficiency and reduce operational risk.
- Any other reasonable and lawful instruction as given to the incumbent by his/her supervisor
Minimum requirements
Experience/Knowledge & Skills
- Strong knowledge of FX and money market instruments.
- Knowledge of SWIFT messaging and payment systems.
- Professional image and grooming.
- Self-confidence and interpersonal skills.
- 3 Years experience in a financial environment, preferably Foreign Exchange administration.
- Computer literate: (knowledge of Windows 2000, Microsoft Outlook, Excel Level I & II, Word Level I & II).
- Product knowledge
QUALIFICATION
- Matric (Grade 12)
- Ideal: Certificate in Banking (IOB) and / or relevant diploma in Treasury and Accounting.
- ACI Operations Certificate
