Payouts Officer Vacancy at Nedbank

Nedbank is seeking applications for a Payouts Officer position. This role is essential for ensuring that financial transactions are processed efficiently and effectively, adhering to established procedures to manage risk within the bank.

Closing date: 7 January 2025

    Job Purpose

    To ensure financial transactions are processed within agreed turnaround times, effectively managing risk and preventing financial loss through accurate calculations and capturing.

    Key Responsibilities

    • Financial Transactions: Ensure accurate calculations and capturing to prevent financial loss.
    • Checks and Balances: Reconcile all financial reports and bank statements regularly.
    • Service Level Agreements (SLA): Adhere to SLAs to meet stakeholder expectations.
    • Customer Satisfaction: Investigate and resolve outstanding queries/complaints within agreed time frames.
    • Stakeholder Relationships: Build and maintain relationships by providing feedback and taking corrective actions when necessary.
    • Transaction Accuracy: Reconcile bank accounts according to policies and procedures.
    • Audit Trail Maintenance: Investigate unreconciled items and follow up if unresolved.
    • Workflow Monitoring: Check daily volumes and report any irregularities.
    • Process Improvement: Identify opportunities for enhancing processes.
    • Legislation Awareness: Stay informed about legislation and industry changes affecting the role.
    • Personal Development: Engage in training courses for career progression.

    Qualifications

    • Essential Qualifications: Matric / Grade 12 / National Senior Certificate.
    • Experience Level:
      • 2-3 years of experience in financial, risk, and process management environments.

    How to Apply

    Interested candidates should submit their applications via the link below: