Senior Officer- Nostro Reconciliations (Emiratized Role)

• Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
• Demonstrate compliance to organisation's values and ethics at all times to support the establishment of a value drive culture within the bank.

• Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

• Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies and quality standards.

• Ensure exception management handling is performed and authorize proper distribution of reconciliation to staff. Monitor all reconciliation are properly conducted and submitted on time. Supervise the follow-up of all outstanding items with banks and branches.
• Execute the day-to-day operations of the Reconciliation section and ensure that the functions are being performed in a timely, effective manner by applying a judgmental approach. Reconciliation reports are drawn once a month and all exceptions are followed up closely for settlement as per agreed escalation matrices with the Internal Clients.
• Control and execute the reconciliation of Nostro accounts / Inter Branch Call accounts with Treasury for all activities generated in the Nostro Accounts / GMO /FCIS / TFO / CBG / SSD / GRC / SWITCH strictly as per respective departments non-BAU requirements. Ensure prompt and correct follow up to resolve all outstanding issues effectively by escalating all irregularities to higher management in the dashboard reporting.
• Review statistics of Nostro accounts and verify all service charges of Nostro accounts.
• Report any pending tasks to the senior team to allot the tasks accordingly.
• Ensure prompt response to inquiries from Internal / External clients.
• Ensure proper integrity in balance pools with proper release of MT950/940 reject batches thru intelliMATCH-Recollector, addition/deletion of entries accurately as per real account statements with MIS team coordination and release from bindery locked intelliMATCH

• Escalate, control and monitor the work flow by taking into consideration Operational Risk in our day-to-day activities and check that staff adhere to control procedures.
• Ensure exceptions are escalated as per agreed BAU and escalation matrices in order to escalate items as per Value at Risk.
• To notify any errors in the issue reporting.
• Ensure no incomplete work due to any event/staff absence.

• To manage the work flow efficiently with the resources available without compromising on the risk and services.
• Provide improvement suggestions to increase the quality and efficiency in our work resulting in the best customer service.

• Bachelor's degree in Business Economics, Commerce and Finance or related discipline.

• 4-8 years' relevant experience in the banking sector with at least 5 years in similar positions of progressively increasing managerial responsibilities in the Core Processing function.

First Abu Dhabi Bank