Company: Barclays Bank
Job Location: Kampala, Uganda
Closing Date: 18th Dec 2013
About Barclays Africa:
Barclays Africa encompasses Barclays Global Retail Banking, Corporate Banking, and Barclaycard operations in 10 countries organised in four geographic areas: North Africa (Egypt), East and West Africa (Ghana, Tanzania, Uganda and Kenya), Southern Africa (Botswana, Zambia and Zimbabwe), and Indian Ocean (Mauritius and Seychelles).
Barclays Africa serves its 2.8m customers through a network of 573 branches and service centres providing a variety of traditional financial products including retail mortgages, current and deposit accounts, commercial lending, unsecured lending, credit cards, treasury and investments.
Job Summary:
The Scheme Postings and Disbursement Officer will be responsible for credit approved loans onto Customer loan accounts to contribute to business growth in line with the Barclay’s policies and procedures and post collection payments received to achieve impairment Targets.
Duties & Responsibilities:
1. Crediting approved loan applications(40%):
• Confirm loan details or type loan i.e. secured, takeover or unsecured.
• Create loan account for loans that are to be disbursed.
• Disburse all loans applications that meet the required criteria and update the system and the CAM report with stamp signature.
• Adhere to timelines for crediting secured loans after security perfection certificate and safe to lend documentation have been received.
• For new loans check for salary credits to ensure that salaries are received through Barclays before loan account has been opened.
• For government Loans, confirm affordability checks have been done and reserved amount still holds on the PSU system.
• Confirm that the outgoing RTGs amount is in line with the outstanding amount on the loan statement for takeovers.
• Confirm that the outgoing RTGs amount is in line with the balance on the top up for all existing borrowers.
• Forward all applications that do not meet the requirements to the receipt desk for outbound courier after updating the system (including loan tracker).
• Remit insurance premium and stamp duty for the month to the insurer and URA respectively.
• Conduct post disbursement call over to ensure accuracy of all information captured during the loan processing chain (standing order amount, insurance fees, interest rates, loan duration, amount borrowed,etc) using the Loans disbursed and the insurance premium.
• File loan applications that have been disbursed for future reference.
2. Data Capture (35%):
• Create loan account for loans that are to be disbursed.
• Disburse all loans applications that meet the required criteria and update the system and the CAM report with stamp signature.
• Scan Reconciled RTGS on a daily and have these sent through by 3.00p.m for on ward processing by your authorizer.
• Receive payment schedules and instructions from the collections team whenever posting.
• Confirm that totals on the payment instructions and schedules attached tally before posting.
• Ensure that the signatures have been verified on all authorized instructions/cheques before proceeding to post.
• Return all Payment instructions that don’t meet requirements to your Supervisor for correction.
• Receive duly signed collection payments instructions from the Team leader for Posting.
• Ensure accurate and timely posting of daily and month end collections to achieve the RCT Impairment target.
• Ensure all scheme loan cheques received by 3.00 p.m are posted same day.
• Ensure that clearance cheques, drafts are put on schedule and delivered to Sybrin same day by 4.00 p.m.
• Ensure proper filling of every documents; loan files /sheets processed by self for purposes of records management and a clean audit report.
• Identify any schedules with items not posted due to closed, invalid and missing accounts whenever they arise to your supervisor.
• Ensure loans to re-align and write-off are posted off with in 48 hours.
• Ensure loans to delink, place holds and lifting are posted same day received.
• Ensure all over draft applications are processed on time and comply with OD processing checklist.
• Achieve a satisfactory Audit Rating.
3. Control (10%)
• Ensure reconciliation of the General Ledgers if any is assigned to you.
• Confirm that the amount credited to the customers loan account is the same as that on the loan schedule from the companies.
• Ensure that all necessary debits off the scheme loan GL have been effected into the individual loan accounts
• Forward all suspicious transactions to the fraud team for investigation.
• Conduct snap checks as assigned by line manager.
• Ensure safe custody of documents, tools and pass words to all systems at all times.
• Ensure accuracy of information entered in the system and standard templates at all stages of the process.
• Ensure reconciliation of the General Ledgers if any is assigned to you.
4. Call over (5%)
• Review transactions on Scheme Suspense GL To confirm any RTGS To be sent through for Processing on a daily.
• Print out the general ledger statement (scheme loan suspense account) and perform a call over against payment schedules when assigned to do this.
• Identify anomalies (missing account numbers, invalid or closed accounts) and advise your Team leader for prompt rectification by the originators.
• Rectify errors related to wrong postings of payments and loan disbursement within the system promptly.
5. Customer service (5%)
• Respond to queries relating to the scheme posting and loan crediting process from various stake holders with the set timelines.
• Adhere to timelines within the service level agreements (SLAs) to ensure efficiency and quick turn around time (TAT) in loan processing.
6. Contribution to the team (5%)
• Share best practice and any red flags that are a result of the scheme and disbursement process.
• Support other members of Credit Operations Unit when required to ensure business continuity and achievement of business targets.
Qualifications, Skills & Experience:
• The applicant should possess General banking Knowledge.
• Know your customer (KYC) standards.
• Good Customer service, TCF and complaints handling.
• Good understanding the Barclays end to end retail lending process.
• Knowledge of Barclays Retail lending policies.
• Knowledge of finance or accounting.
• Sanctions and Anti money laundering.
• Information security awareness,
• Records management.
• Knowledge on Data privacy.
• Fraud awareness.
• Performance development.
• Barclays retail lending policies and end to end processes.
• Product knowledge (Retail Asset products)
• Flexcube system.
• PSU payment solutions.
• Credit analysis.
• Transact SM
• Scheme Posting and Disbursement Process
How to Apply:
If you feel challenged by any of the above positions, and believe you can deliver on key deliverables as outlined above, upload your application letter, current curriculum vitae and photocopies of academic certificate to our recruitment website detail below:
https://barclays.taleo.net/careersection/2/moresearch.ftl?lang=en_GB
Barclays is an equal opportunity employer that recruits, develops and promotes people on merit, and rewards outstanding performance, regardless of background and gender.
For queries contact us on 0417122453 or email: barclays.uganda@barclays.com
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