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Manager, Reconciliations

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Posted:May 11

Company Details

Name:Standard Bank Group
Rating: No ratings yet — log in to rate this company
Industry: Banking
Website: http://www.standardbank.com/
Description: Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. "Africa is our home, we drive her growth” Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client… Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. "Africa is our home, we drive her growth” Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value. This sets the primary goals and standard of excellence we intend to achieve in the medium term. With a heritage of over 150 years, we have an on-the-ground presence in 20 countries in sub‑Saharan Africa; fit-for-purpose representation outside Africa; and a strategic partnership with the Industrial and Commercial Bank of China (ICBC). In line with the realities of risk, regulation, technology and competition that characterise our operating context, we continue to invest significantly in our diversified operations; our people and culture; our systems and infrastructure; and our brand. In doing so, we understand that our commercial success and social relevance over the long term depends on placing our clients at the centre of everything we do, and ensures that the outcomes of our activities are a catalyst for growth on this continent we call home. The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BBB- (negative), Moody’s Baa2 (negative) and Standard & Poor’s BBB- (negative). The group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. The largest bank in the world, ICBC, is a 20.1% shareholder in the group. Other than the 20.1% ICBC shareholding, 32.9% of Standard Bank’s shareholder base is foreign. We subscribe to the Code of Banking Practice, a set of principles governing banking in South Africa and ensuring the highest standards of professionalism, integrity and fairness. View more View less
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Job Details

Job Type: Full Time
Workplace Type: On-site
Qualification: Diploma
Job Experience: Mandatory
Job Location: Nairobi County, Kenya
Closing Date: Undisclosed
Salary: Undisclosed
Other Pay: Benefits
Job Category: Accounting, Finance

Job Description

Job Description

To manage the reconciliations team, oversee the various reconciliation portfolios and processes, and manage any complicated breaks, queries or escalations, to ensure resources are effectively allocated, all entries are matched and breaks are timeously resolved.

Qualifications

  • Type of Qualification: First Degree
  • Field of Study: Finance, Business, Economics or related filed
  • Professional Certifications: CPA/ACCA

Experience Required

  • 5-7 years
  • Intermediate knowledge and experience in;
    • Knowledge of payment systems
    • Knowledge of settlements- deals, trade transactions
    • Stakeholder engagements-senior level
    • Experience leading people
  • Relevant recon experience within IPSS and a thorough understanding of systems, processes and procedures to perform and manage reconciliations.
  • Knowledge of Machine learning, SQL/Python and use of large language models is an added advantage.
  • Experience in stakeholder Management.

Additional Information

Behavioural Competencies:

  • Directing People
  • Empowering Individuals
  • Interacting with People
  • Making Decisions
  • Managing Tasks
  • Team Working

Technical Competencies:

  • Banking Process & Procedures
  • Cash Reconciliation
  • Data Management 
  • Financial Accounting
  • Reconciling Financial Records
  • Root Cause Analysis
 

 

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