Officer - CPU.Qatar-OPS-CPC Management.Operations

Mashreq Corporate & Investment Banking Group; Qatar; On-site; QAR 120,000 - 230,000; Full time

Job summary

Mashreq Corporate & Investment Banking Group in Doha seeks an experienced Operations professional to monitor end-to-end processing of Cheques, Remittances, Standing Orders, and related transactions. You will ensure adherence to policies, AML standards, and ensure timely settlements across currencies.

The role requires 5+ years in bank operations, with 3–5 years at officer level, and the ability to provide guidance to branches and internal teams on complex remittance processes.

Qualifications

• 5 years bank operations experience.
• Minimum 3–5 years at officer level.
• Knowledge of Remittances, Cheques and related operations.

Responsibilities

• Monitor end-to-end processing of Cheques, Remittances, SOs, Salaries, Collections and postings.
• Ensure compliance with policies, rules and AML requirements before releasing payments.
• Provide day-to-day guidance to branches and internal customers on remittances and related operations.

Skills

Remittances

Cheque processing

Compliance

AML compliance

Analytical skills

Communication

Problem solving

Tools

SWIFT

QATCH

Flexube

Job description

The official is responsible to monitor, supervise and check the end to end processing of financial transactions and documents related to Cheque Clearing, Collection, Remittances, Salaries Processing, Standing Orders and Financial postings etc. Ensure the processing is in accordance with the laid down policies/procedures and executed within the agreed TAT and Cut-off times. Customize work process, re-engineer standard process flows to optimize resource utilization, eliminate redundant steps/bottle necks, implement steps to reduce errors/reworks and provide a high standard of service satisfaction to customers.

• Scrutinize, check and manage timely processing of Cheques, Remittances, SOs, Salaries, Collections, Voucher Postings etc.
• Ensure all policies, rules and regulations, guidelines and practices are complied with before authorizing or releasing the payments.
• Ensure compliance/AML regulatory requirements are adhered while checking/crediting the transactions.
• Provide day to day consultation to Branches/Internal Customers/FID/ Branches/various Departments/Units in HO with respect to In and Out Remittances, Vostro/Nostro operations, Cheque Clearing/Collection, SOs, Salaries processing in accordance with international practices/OPM/SOPs/APPM/Compliance/Anti-Money Laundering and Local rules and regulations.
• Provide figures of drawings (various currencies) to TOC to enable them arrange funds in our A/c with Correspondent Banks to avoid any overdraft compensation.
• Suggest review/alignment in operating procedure wherever required to simplify work flows and to ensure that they are workable (practicable), standardized, cost effective and cover Bank risks adequately.
• Intervene and resolve customer queries/complaints of critical nature in order to maximise their satisfaction.
• Capture statistics to determine root cause and fix the gaps in order to maximise productivity and customer satisfaction.
• Involve in resolving system related issues which stopping day to day processes/activities.
• Ensure checking of various daily reports/statements/statistics and corrective/preventive actions are taken.
• Take initiative to achieve business objectives for self and help/support colleagues in achieving theirs.
• Ensure exceptions are recorded and reported in a timely manner.
• Ensure checking of EJ/Online reports with voucher promptly after posting of transactions with due diligence and covering all significant data i.e. authenticity of message/transaction/cheques, value date, currency, ordering customer /institution, beneficiary's name/title with account number and other miscellaneous information.
• Graduate with thorough and in depth knowledge of Remittances, Cheques and operations.
• Comprehensive knowledge of general banking activities, Local and International practices.
• Conversant with operating systems, Financial, SWIFT,QATCH and Flexube.
• Full awareness about Compliance/AML/Regulatory requirements.
• Strong inter-personal, problem solving, communication, analytical skills.
• 5 years bank operations experience out of which minimum 3-5 years at officer level.

The leading financial institution in MENA

While more than half a century old, we proudly think like a challenger, startup, and innovator

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Together, we pioneer key innovations and developments in banking and financial services.

Our mandate? To help customers find their way to Rise Every Day, partnering with them through

the highs and lows to help them reach their goals and unlock their unique vision of success.

Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.

We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.