Payment Officer

Job Description Management of payment flows, allocating inward payments to the correct destinations where these cannot be systematically determined, and performing accounting associated therewith Hello future Payment Officer! FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRands business values. We recruit self-starters who have a passion for what they do. We empower them, hold them accountable and reward them appropriately. We value diversity in our people, particularly for the way that this contributes to innovative thinking. If you think you will flourish in our environment, and you believe you have the necessary skills and competencies for the position advertised, then we are looking for you! Role Purpose: Management of payment flows, allocating inward payments to the correct destinations where these cannot be systematically determined, and performing accounting associated therewith. Are you someone who has experience in:

• Allocation of incoming payments to customer and suspense accounts.
• Return of funds to remitting banks where these cannot be applied.
• Support of and interaction with the Treasury Liquidity Management function.
• Timeous processing of CPL (Continuous Processing Line) funding and withdrawal instructions.
• Timeous processing of CLS (Continuous Linked Settlement) pay-ins.
• Financial Data Entry involving the capture of entries to the General Ledger and customer accounts. This includes passing correcting entries to bring unreconciled suspense accounts into balance.
• Monitoring of FATF16 requirements and reporting
• Balancing of Hogan branch controlled by Settlement & SWIFT and clearing of outstanding OTP transactions.
• Reconciliation of accounts (Intellimatch) and reporting
• Knowledge of SWIFT ISO 20022 payment message formats.
• Knowledge of accounting and “use of funds” compensation
• Compliance with policies and procedures
• Ability to prioritise activities to ensure personal and team efficiency
• Knowledge of MS Office
• Attention to detail

Qualifications and Experience:

• Matric - Grade 12
• Diploma or relevant qualification

You will have access to:

• Challenging work in a complex and exciting environment
• Opportunities to innovate and create efficiencies.

Are you interested to take the step? We look forward to engaging with you further. Apply now! Job Details Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 14/04/25 All appointments will be made in line with FirstRand Groups Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

Information :

• Company : FirstRand
• Position : Payment Officer
• Location : Johannesburg, Gauteng
• Country : ZA