Senior Officer Payment Investigation Emiratised Role

First Abu Dhabi Bank (FAB); Abu Dhabi; On-site; AED 180,000 - 240,000; Full time

Job summary

First Abu Dhabi Bank (FAB) in the UAE seeks a Senior Officer, Payment Investigation to manage payment exceptions and perform reconciliations across Nostro, Inter-Branch, and internal accounts. The role also investigates discrepancies and supports risk mitigation with timely reporting.

The successful candidate will reconcile ledgers, follow escalation procedures, prepare SWIFT messages, and produce daily MIS and exception reports, ensuring accuracy and compliance with BAU timelines.

Qualifications

• Bachelor’s degree in Business Economics, Commerce, Accounting, Finance, or related discipline.
• 3–5 years of banking-sector experience.
• Experience in account reconciliation (Nostro, Inter-Branch, General Ledger).
• Knowledge of SWIFT standards (MT940/MT950).
• Experience in exception management and MIS reporting.

Responsibilities

• Reconcile Nostro, Inter-Branch, General Ledger, card, ATM, CDM, and other accounts.
• Verify ledger entries against bank statements and branch ledgers.
• Investigate discrepancies, overdrafts, and non-receipt of funds.
• Escalate items per BAU timelines and escalation matrices.
• Prepare daily MIS reports and reconciliation dashboards.
• Prepare SWIFT messages for follow-up with correspondent banks.

Skills

Analytical skills

Investigative skills

Attention to detail

Time management

Communication

Escalation skills

Operational risk

Education

Bachelor’s degree in Business Economics, Commerce, Accounting, Finance, or related discipline

Tools

IntelliMatch

SWIFT MT940/MT950

Job description

Job Description:

Job Purpose

The Senior Officer, Payment Investigation is responsible for managing payment exceptions, reconciling Nostro and Inter-Branch accounts, and investigating discrepancies related to non-receipt or defaulted funds.

The role ensures that exceptions are handled according to established Business-as-Usual timelines, escalation matrices, reconciliation policies, and operational procedures. It also supports risk mitigation, timely reporting, accurate account monitoring, and effective service delivery to internal and external customers.

Key Responsibilities

Reconcile Nostro, Inter-Branch, General Ledger, card, ATM, CDM, and other assigned accounts.

Verify that ledger entries match bank statements and branch ledger entries.

Investigate outstanding items, payment discrepancies, overdrafts, deal-rounding differences, and non-receipt of funds.

Follow up with relevant branches, departments, business units, and correspondent banks until outstanding items are resolved.

Escalate payment exceptions according to agreed BAU timelines, risk levels, and escalation matrices.

Initiate and manage exception-related correspondence through the ITRACS Exception Management interface.

Ensure outstanding items are accurately reflected in the reconciliation system.

Monitor Nostro account service charges and escape matters to the Financial Institutions Group when required.

Prepare SWIFT messages for follow-up with correspondent banks.

Support the monthly settlement of deal-rounding differences resulting from exchange-rate variations.

Prepare accurate daily MIS reports, dashboards, exception reports, statistics, and traffic-light reports.

Maintain daily tick lists and ensure all time-sensitive activities are completed within the required timelines.

Escalate operational risks, irregularities, and incomplete tasks to the Senior Officer or Section Head.

Ensure records and supporting documents are updated and filed daily.

Respond promptly to inquiries from internal and external customers.

Support workload distribution and provide coverage during employee leave or absence.

Contribute suggestions to improve operational efficiency, service quality, risk controls, and reconciliation processes.

Follow all departmental policies, procedures, operating standards, and internal control requirements.

Demonstrate the organisation’s values and ethical standards at all times.

Qualifications

Bachelor’s degree in Business Economics, Commerce, Accounting, Finance, or a related discipline.

Experience and Technical Knowledge

3–5 years of relevant banking-sector experience.

At least 3 years of experience in a similar role involving account reconciliation.

Practical experience in Cards, Nostro, and internal account reconciliation.

Knowledge of IntelliMatch or similar reconciliation systems.

Knowledge of SWIFT standards, particularly MT940 and MT950 messages.

Experience in exception management, payment investigation, operational risk, and MIS reporting.

Key Competencies

Strong analytical and investigative skills.

Good judgment and decision-making ability.

High attention to detail and accuracy.

Effective follow-up and escalation skills.

Ability to manage time-sensitive and high-volume activities.

Strong understanding of operational risk and control procedures.

Good written and verbal communication skills.

Ability to work effectively with internal departments and correspondent banks.

About Us:

First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the worlds largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.

Life at FAB:

Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization

Career Development:

FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance‑based culture that will unleash the best in you. Whether you are …

Our Values:

At FAB ...

Join our team and be part of a journey to shape the future of banking.