Electronic Balance of Payment Processor Absa Bank

Job Summary

•Managing the Electronic Balance of Payments (eBOP) reporting process for Cross border payments (incoming and Outgoing).
•Managing the queries, issues and investigations related to Electronic Balance of Payments Process

Job Description

Delivering Operational, Service

• Undertake required reporting and servicing activity in accordance with set procedures.
• Achieve operational rigour excellence in all aspects of activities, processes and procedures undertaken.
• Achieve individual operational performance targets and support the achievement of team targets.
• Action any matters received in accordance with procedures.
• Provide cover for other team members as required plus any other duties that may be provided by line manager from time to time

• Compile relevant SWIFT data and aggregate the information in line with electronic Balance of Payments Reporting requirements and standards.
• Ensure Familiarisation with Central Bank BOP codes – Purpose codes, Sector codes, Money remittance codes, etc.
• Ensure familiarization with BOP reporting procedures and standards.
• Ensure all remittances and receipts in scope for BOP reporting are captured and reported accordingly.
• Ensure correct BOP codes are utilized for money remittance reports.
• Investigate remittances/receipts with missing or incomplete purposes of payments and update as required.
• Ensure Returns are submitted in a timely manner (daily).
• Respond to queries from all stakeholders
• Guide branches and Relationship managers on matters relating to electronic balance of payments reporting requirements.
• Contact Relationship managers on transaction details that are missing or incomplete.

• Ensure queries are resolved within SLAs.
• Ensure eBOP reports are stored/saved on the Payments Share drive for review and reference purposes.

People Activities

Teamwork 

·Work closely with the team leader and other team members as one team to deliver required performance.

• Constantly seek to improve ways of working by challenging the status quo and supporting an empowering climate within the team, sharing knowledge, experience, best practice and providing constructive feedback as required.
• Provide cover for other team members as required plus any other duties that may be provided by line manager from time to time
• Support and adopt the implementation of change initiatives.

· Participate in Team events to support local developments that raise the profile of Absa in the community.

• Attend Morning hurdle or any meetings to review the team’s performance.

• Participate in Team events and Community activities organised by the team

Education

Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)