Assistant Manager - Cash Management operations - UAE National Preferred

at  Standard Chartered

Dubai, دبي, United Arab Emirates -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate19 Jan, 2025Not Specified19 Oct, 2024N/AGood communication skillsNoNo
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Description:

ABOUT STANDARD CHARTERED

We’re an international bank, nimble enough to act, big enough for impact. For more than 170 years, we’ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you’re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can’t wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion.

Together we:

  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

Responsibilities:

  • Ensure all the transactions handled in CPC are checked and processed for authenticity (as to source, value, SC Star etc) and are disposed off strictly as per remitters instructions.
  • Ensure that all internal account reconciliation escalations are addressed on a daily basis and correction entries passed where required eg sundry, erroneous, csa accounts etc.
  • To ensure that any Nostro unreconciled entries escalated are kept to a minimum and are resolved on a daily basis.
  • Ensure that turnaround times in respect of processing various transactions are met on a constant basis as per agreed SLA with respective units
  • Ensure that all enquiries / complaints are resolved within agreed turnaround time
  • Be aware of all policies and procedures for CMO processing and products
  • Develop good knowledge and understanding of the Group’s CMS policy and other bank procedures
  • Act as custodian for Bank keys as and when required.
  • Act as a bulk stock custodian as and when required.
  • Act as backup for the other supervisory desks.
  • Ensure all cheques, including returned items (RCMS Clearing Cheques, Inward collection, Outward Collection, In House cheques, PDCs and PDCDs) received into CMO are checked for authenticity and are processed as per customer’s instructions.
  • Ensure that PDC cheques and counter activities are accurately warehoused and lodged into clearing in a timely manner.
  • To ensure a robust reconciliation of all sorts of instruments received and processed.
  • To develop cash management products and position the processing centre as a revenue generator.
  • Avoid revenue leakage and ensure that there are no debits to P and L accounts without appropriate authority
  • Ensure there is no revenue leakage in respect of tariff to payment instructions (including collections /discounting)


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Proficient

1

Dubai, United Arab Emirates