Stanbic IBTC Bank Nigeria is recruiting Clearing Officers for Ado-Etiki, Akure and Ilorin Branches.

We know that success in competitive global markets relies on a clear focus, exceptional talent, a strong team ethic, and a hunger for innovation. Our investment banking division provides a challenging environment with significant opportunities for growth and the rewards that accompany market-leading success.
If you are a  professional who can clearly demonstrate a strong entrepreneurial spirit combined with a highly developed ability to analyse and interpret market data, then we want to hear from you.

Job Position: Clearing Officer
Location: Ado-Etiki, Akure and Ilorin

The Role
Ensure correct procedures for handling clearing cheques, scheduling of outward cheques after receiving it from the tellers, Ensure due diligence on the cheques handling. Prepare Caution notices as applicable. Hand over returned cheques to TLCS for onward delivery to customers following the laid down procedures. Process outward clearing cheques in line with the procedures. Posting of cheques into relevant accounts. Moved processed cheque to Clearing house (CBN) following laid down procedures.

Cheque processing:
Scheduling of outward cheques after receiving it from the tellers
Ensuring due diligence on the cheques handling
Prepare Caution notices as applicable
Hand over returned cheques to TLCS for onward delivery to customers
Ensure laid-down procedures are adhered to when handing over returned cheques to TLCS
Ensure outward clearing cheques are photocopied and duly filed
Posting of cheques in the correct accounts into relevant accounts.

Support functions:
Takes outward clearing cheques to Clearing (CBN) on a daily basis (Clearing Rep)
Post Inward clearing cheques from Clearing (CBN) on a daily basis
Collate and send all NEFT transactions received from clearing house to OPC Back office support team for final processing

Inward Clearing Cheque
Outward Clearing Cheque

Legislative prohibitions
In terms of the Financial Advisory and Intermediary Services Act No 37 of 2002, (the Act) no staff member is permitted to provide any advice or intermediary service to a customer, in terms of a financial product, as determined by the Act, unless they have been appointed as a Representative of a licensed Financial Services Provider.
In your current position you are not an accredited representative in terms of the Act, and are therefore prohibited from giving any advice or intermediary service to a customer in terms of a financial product, as determined by the Act.

Required Skills and Qualifications

Personal Skills
Good verbal communication skills required for explaining banking procedures.
Ability to convey factual information clearly.
Ability to listen and probe effectively to determine customers’ real needs.
Assertive – able to stand by principles and put forward an idea or view despite opposition.
Resilient – able to retain optimism despite setbacks and not take criticism personally.
Ability to remain calm and focused under pressure.
Methodical, accurate and pays attention to detail.
Persistent in following instructions and completing tasks.
Results-orientated, adheres to turn-around times/deadlines.
Customer service-orientated, diplomatic, tolerant and helpful to those in need of assistance.
Team player – ability to share with others.
Self-motivated and energetic.
Assertive – ability to stand by principles, even at the risk of reduced popularity.

Educational Qualifications:
First degree in any discipline

Work Experience
Minimum of 2 years branch banking experience, with exposure to tellering and safe custody.

Technical Competencies:
Broad understanding of the bank’s procedures and policies and the application of the Group Reference Guide.
Knowledge of the Code of Banking Practice.
Comprehensive knowledge of bank’s laid-down instructions regarding clearing and other related branch job.
Knowledge of the NDS System in relation to own department.
Sound understanding of the entire process of transactions from customer to Operations Support Centre/Proof of Deposit.
Understanding of the impact and inter-relatedness of the services provided to branch staff and customers.

Application Closing Date
12th August, 2012



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