JOB PURPOSE:

To implement operational controls that ensure seamless processing and excellent service delivery in the Cash Management Unit while ensuring compliance with internal and regulatory standards.

KEY RESPONSIBILITIES:

Participate in counting and verification of cash from branches, BOU, CDMS, inter-bank or other agencies.

Ensure dual control on all cash transactions and post cash transactions in the core banking system as per laid down procedures.

Ensure that the bank is safeguarded against penalties, losses and frauds.

Timely preparation of all the necessary documentation for all cash transactions e.g Swift messages to BOU.

Monthly preparation and reconciliation of CIT schedules versus CIT service invoices billed to the bank to guard against invoicing fraud.

Participate in cash knowledge dissemination to bank staff across the branch network.

Represent the bank as a cash agent in all cash transactions with the inter-bank and BOU.

Participate in identification of risks affecting the unit and report all risk incidents through appropriate channels.

Custody of unit keys & other bank valuables in the unit including CIT seals ensuring their register is maintained up-to-date.

Reconciliation of suspense accounts/GLs under the Cash Management Unit as per predetermined frequency.

Ensure adequate and excellent record keeping of all unit records including transaction vouchers.

DAILY RESPONSIBILITIES:

Receipt, counting and verification of cash from/to branches, CDMs, BOU, inter-bank & other channels.

Raise vouchers and post cash related entries in the core banking system under proper segregation.

Raise vouchers and post cash related entries in the core banking system under proper segregation.

Lodgment/withdraw of cash to and from vault under dual control.

Update cash registers for all currencies held to ensure cash positions are a reflection of system GL balances.

MINIMUM POSITION QUALIFICATION REQUIREMENTS:

A Bachelors Degree is Required.

Professional Qualifications are an Added Advantage.

A Masters Degree is an Added Advantage.

Total Minimum No of 1 Year of Experience Required

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