ABSA

Payments Manager

Ebene Full time

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

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Job Summary

- To provide technical support to clients and staff dealing with clients on the handling of Payments for Absa Bank Mauritius Limited.
- Ensure that payments are processed within SLA's and cut off times
- Create relevant management information for the payments process

Job Description

Strategy Development & Execution Plan

  • Re-engineer processes where necessary to ensure efficiency and alignment with strategy.

  • Recommend where necessary, upgraded equipment to support the business as volumes and sophistication increase in line with the strategic plan.

  • Manage and develop system solutions, ensuring that all internal controls are maintained in line with Croup Operating standards, procedures and policies.

  • Maintain and update BCM plans in line with business strategy.

  • Provide excellent service to internal and external customers.


 

Achieving Business Performance

  • Champion a culture of operational and customer service excellence and drive teams to deliver excellent performance standards.

  • Manage the performance of the teams and ensure that they meet or exceed agreed service levels ( both internal and external) take ownership of overall service performance and accuracy levels.

  • Own and manage the customer complaints end to end process ensuring the provision of seamless world class customer service.

  • Comply with operational risk and KYC standards in respect of protecting people, customers, assets and the organization.

  • Create a robust control environment.

  • Ensure team members are in compliance within the control environment.

  • ldentify improvements to processes and procedures that will improve operational.

  • Effectiveness and champion these improvements, within agreed guidelines.

  • Monitor Service Level Agreements between the Centre and business areas supported/services by the Centre.

  • Ensure cutoff times and SLA's are met i.e. payments are processed within cut off times and SLA's.

  • Maintain a robust control environment and ensure adherence to policies and procedures.

  • Ensure adherence to statutory legal and group requirements.

  • lmplement plans to rectify deficiencies in operational service.

  • Ensure effective resolution of operational issues raised.

  • ln the way you lead on a daily basis, be a role model for your people, do things whole enthusiasm embracing change as a way of working

  • Create an empowering environment for your people encouraging individual ownership.

  • Ensure adherence to Exchange Control rules and regulations and proper implementation of central bank directives to avoid operational risk.

  • Work in partnership with Retail, Corporate and Investment bank to meet and exceed customer expectations

  • Ensure the production of all related daily Ml for Payments.

  • Ensure the production of related returns for statutory purposes with appropriate authorizations being provided prior to release.

  • Design and develop reports using applications to complement business requirements and business development initiatives.

  • Ad-hoc project work or specific initiatives as required by the Business.
     

Leadership of staff

  • Manage direct staff activity on a day-to-day basis and actively resource workflow requirements.

  • Support the identified training requirements for self and team, managing personnel development, recommending attachments and monltoring staff progress agalnst appropriate measures.

  • Supervise and motivate staff to create team spirit and ensure quality support and service to all clients.

  • Provide guidance in respect of work related issues with particular emphasis on developing staff knowledge in adapting to system technology and new operating procedures.

  • Motivate and drive sharing of best practice.

  • Perform regular performance reviews of all staff under management and provide quality feedback on learning and development needs.

  • Ensure all staff are trained and versed where necessary, on system security, key functionality, standard reporting and report design, daily maintenance, end-of-day processing and backup requirements.

  • Pursues their own development to ensure the growth of themselves and the team.

Risk Management & Control

  • Responsible to ensure that policies, processes and procedures are understood, embedded and fully adhered to by all team members.

  • Coach, support and train team members to raise awareness on operational risks, and provide guidance around control procedures and compliance standards.

  • Keep abreast of changes in business environment, group policies, and local market conditions which could have a direct bearing on change to procedures or reporting requirements, and incorporate any corresponding changes to team processing activities.

  • Review Audit findings, risk events and ensure all findings are closed within agreed timescale.

  • Ensure that snap checks are carried out on a monthly basis.

  • Own and periodically review RCA such that all new/reviewed processes are always updated in the RCA and the risks tested accordingly.

  • Own, manage and test the Business Continuity Management plan for the department.

  • Raise any issues which came up during periodic testing.

  • Ensure that incidents reports are raised in a timely manner on OPUS system and that the appropriate escalation takes place.

  • Critically review the processes for the department from a productivity and risk point of view.

  • ldentify any areas for improvement and recommend process changes through the appropriate channels.

  • Ensure Quality Assurance on work done for accuracy and completeness is actioned and any failures or discrepancies followed up until resolution.

  • Comply with all policies and procedures required by the Bank.

  • Own the requirement for Operational Risk Management for the department.

Mandatory Risk and Control objective

  • Ensure all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Requirements Framework and lnternal Absa Policies and Policy Standards.

  • Understand and manage risks and risk events (incidents) relevant to the role.

Technical Competencies

  • Leadership and people management skills

  • Ability to influencing all levels of staff and manaqement

  • Strong and well defined leadership qualities- visionary, honest & open, personal integrity, role model

  • A sound technical appreciation of the end-to-end payments process

  • Ability to challenge at all levels Risk Management

  • Ability to provide and receive coaching and feedback

  • Presentation skills

  • Project Management

Knowledge, Expertise and Experience

  • Comprehensive knowledge and practical experience of Payments & overall systems and operational processes.

  • Thorough comprehension of controls, compliance and ethical standards both at dealing and operational support level.

  • Product knowledge and immediate implications/ impact to business (i.e. risks and accounting).

  • Practical experience of current systems & future systems and their impact on delivery and operational working practices.

  • ln-depth understanding of regulatory reporting requirements.

  • Knowledge of the Group lnternal Audit function.

  • Experience of developing and/ or delivering training.

  • Preferred: Degree with 7 years relevant work experience with minimum 5 years at managerial level or Masters with 5 years experience or equivalent of 10 years bank related experience.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)