Payments Processing & Ops Specialist

Standardbankgroup; South Africa; On-site; ZAR 180,000 - 280,000; Full time

Job summary

Standard Bank Group seeks a detail-oriented professional to process ITT, OTT and Trade payments, ensuring accuracy and timely release of funds. The role requires a Degree in Business Commerce/Accounting or Business Administration and 1-2 years of data capture experience using relevant systems.

You will work closely with Transactional bankers and due diligence teams to resolve exceptions, develop knowledge of TPS products, and maintain strict adherence to procedures and timescales.

Qualifications

• 1-2 years knowledge and practical experience with using computers and relevant programmes and systems to capture and upload data.
• Degree in Business Commerce/Accounting or Business Administration.

Responsibilities

• Build and maintain relationships with internal stakeholders (e.g. Transactional bankers, Excon and Due Diligence teams) to resolve exceptions ensuring the processing of the payment instruction.
• Capture the payment instruction into relevant payment systems to ensure the payment is released.
• Develop knowledge of TPS products and the TPS Operations (TPSO) processes, systems and procedures to effectively process the payment.
• Identify payment exceptions (e.g. insufficient funds, cover deal challenges) during processing and refer to relevant internal stakeholders (e.g. Processing team, Due Diligence teams) to resolve.
• Remediate the exception as identified in the failed automated process to ensure the release of the payment. Develop a clear understanding of the payment exception and correct at source to prevent recurrence.

Skills

Data Analysis & Management

Manual Deal or Trade Processing

Product Related Systems (Business Bank

Project Reporting

Settlement Systems

Following Procedures

Managing Tasks

Meeting Timescales

Producing Output

Upholding Standards

Education

Degree in Business Commerce/Accounting or Business Administration

Job description

Standard Bank Group seeks a detail-oriented professional to process ITT, OTT and Trade payments, ensuring accuracy and timely release of funds. The role requires a Degree in Business Commerce/Accounting or Business Administration and 1-2 years of data capture experience using relevant systems.

You will work closely with Transactional bankers and due diligence teams to resolve exceptions, develop knowledge of TPS products, and maintain strict adherence to procedures and timescales.