The Senior Payments Officer, Foreign Payments (Senior Business Analyst 2) is a member of the foreign payments team within the Financial Markets Department. The primary purpose of this role is to participate in the processing of payments transactions to ensure the section meets its functional responsibilities effectively and efficiently.
Key Duties and Responsibilities
Strategic Responsibilities
- Contribute as appropriate to the performance of the function and to the overall achievement of CBK’s strategic objectives.
- Work effectively as part of the team to deliver on the Key Result Areas and demonstrate competencies of the role.
Technical and Operational Responsibilities
- Processes Government Payments, CBK foreign exchange, and 3rd party payments within set timelines.
- Processes third party guarantees’ confirmations to Government Ministries, Departments and Agencies (MDAs).
- Processes Projects and Eurobonds accounts opening requests.
- Reviews payments summary reports and highlight unreconciled items.
- Act as subject matter expert on foreign payment operations.
- Avail information and explanations on issues related to Payments Administration.
- Follow standardized controls and operational metrics to track transactions performance and production.
- Drafts and implements initiatives to increase efficiency and reduce potential risk.
- Ensures adherence to Payment policies and procedures.
Other Responsibilities
- Any other assigned duties and responsibilities.
Qualifications and Experience
Qualifications
- Bachelor’s Degree in Accounting, Business, Finance, Economics or Banking or related field.
- Clear understanding of financial markets, banking, and relevant emerging issues in:
- National, regional, and international regulatory and statutory requirements
- Public Debt Management
- Foreign Exchange management and operations
- Risk management
Work Experience
- At least three (3) years of relevant work experience in a relevant field.
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