Financial Transactions Processing Officer at VAM Systems

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

02 Jun, 26

Salary

0.0

Posted On

04 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Transaction Processing, MS Excel, MS Word, Card Systems, CBUAE Systems, Transaction Processing, Settlement Entries, WPS Transactions, Batch Sweep, Online Sweep, Standing Order, Salary Postings, Internal Transfers, Term Deposit Placements, Court Orders, Cash Management

Industry

IT Services and IT Consulting

Description

Job Description We are currently looking for Financial Transactions Processing Officer for UAE Minimum Qualifications: · Bachelor’s Degree in Commerce / Knowledge of CBUAE systems Minimum Experience: · 2 years’ experience on handling Financial Transaction Job-Specific Knowledge & Skills: · Proficiency in MS Office (mainly MS Excel and MS Word) · Exposure to card systems and related applications (preferred) KEY ACCOUNTABILITIES: · Ensure that the financial transaction requests received from respective units are in order, to check if signature verified, call back done, original or fax indemnity held and application is dated. · To ensure that all the financial transactions are processed within the cut-off time. · To ensure that all the DDS (Inward & Outward) financial process within applicable timelines & pass relevant DDS settlement entries. · To ensure that all the WPS transactions are processed and checked for end-to-end cycle, within applicable timelines. · Ensure that all Batch sweep & Online sweep / AFT / Standing Order creations processed on time. · Process all Salary postings /Internal transfers / Bulk voucher postings accurately as per agreed TAT. · Process all the Term Deposit placements, Liquidations, amendments, FD build-up on timely manner. · Applications which have discrepancies to be informed to the concerned Branch/RM’s on the same day · Checking mails & action them. Filing the requests & archival of all applications and reports. · Perform Cash Management in Central Bank Portal (WBG/RBG). · To Process all the Court Orders as per the approved SOP & within stipulated timelines. · Perform Hold placement/ Hold release transactions including EOSB release. · Processes all requests received within the cut-off with same value date. · Provide daily MIS to Internal Control Team. Print system journals & submit to the checker staff · Perform any other duties or responsibilities consistent with the employee Role and assigned by the management · Work as a back -up Maker staff for Remittance unit Key transactions.

Responsibilities

The officer is responsible for ensuring the accuracy and timely processing of various financial transactions, including DDS, WPS, sweeps, salary postings, and term deposits, adhering to cut-off times and established procedures. Key duties also involve performing cash management in the Central Bank Portal, processing court orders, and handling hold placements/releases.