Manager, Clearing & Cash

WhatsApp Group

Commercial Bank of Dubai

Our CBD family's prosperity throughout the years is straightforwardly credited to the responsibility and ability of our UAE Public staff. Our business center is to construct profound and compensating connections in the neighborhood markets and we realize that the best UAE Public staff will make that conceivable.

Job Vacancy – Manager, Clearing & Cash – Dubai, United Arab Emirates

Commercial Bank of Dubai – Dubai, United Arab Emirates

  • Experience:- As Mentioned
  • Job Location:- Dubai, United Arab Emirates
  • Company:- Commercial Bank of Dubai
  • Education:- As Mentioned
  • Nationality:- Any Nationality
  • Gender:- Male / Female 
  • Number of Vacant Positions:- Not Mentioned
  • Salary:- Negotiable
  • Job Type:- Full Time

About Commercial Bank of Dubai

Our CBD family’s prosperity throughout the years is straightforwardly credited to the responsibility and ability of our UAE Public staff. Our business center is to construct profound and compensating connections in the neighborhood markets and we realize that the best UAE Public staff will make that conceivable.

Since our initiation, we generally viewed as the enrollment of UAE Nationals as one of our main concerns. We have consistently planned to draw in and foster UAE Nationals, delegating them in mindful driving situations without disregarding the capacities and advancement possibilities of other staff no matter what their identities.

Our endeavors and accomplishments in Emiratisation have been perceived and respected. The bank is a previous victor of UAE Public Assets Improvement Grant, the Dubai Human Improvement Grant and the HR Improvement Grant.

Is it safe to say that you are that capable and serious UAE Public prepared to foster yourself and influence a difficult and remunerating business, rich with your country’s set of experiences? Then welcome to the CBD Family.

About Commercial Bank of Dubai

Job – Manager, Clearing & Cash

Job Description :

Principal Accountabilities:

  • Prioritize and allocate the work program for Unit and manage external service providers WNS, Transguard,& Brinks
  • Lead, plan operationalize Clearing & Cash functions in line with Compliance, OFAC, Correspondence Bank guidelines, ICCS guidelines and CBUAE requirements.
  • Guide the processing team to handle inward and outward clearing cheques as per CBUAE guidelines
  • Effective supervision of Service providers for Inward and Outward clearing to meet cut-off, customer grievances, erroneous processing, reconciliation of CBUAE accounts
  • Constant monitor of the activities handled by Cash management in settling customer dispute, daily reconciliation of vendor cash collection, CBUAE / Branch cash movement and GL
  • Respond to customer/HO departments enquiries and correspond with them related to Units activities
  • Develop, train, and supervise the Onshore / Offshore team staff handling the activity to provide error free / complaint free service.
  • Coordination with Branches for cash movement to CBUAE through external vendors, approval of deposit / withdrawal services through CBUAE portal
  • Process has been redesigned with consideration to enhance and meet customers’ expectations and experience.
  • Ensure SOP is updated and process control are always in place
  • Assist system implementation by reviewing BRD/FSD’s and performing UAT

Operational Efficiency / Supervision

  • 100 % maintenance of SLA by the Agency
  • Cash dispute settlement for SCDM/CDM to be handled in constant coordination with service providers and ensure 100% adherence to SLA/TAT
  • Rectification of unreconciled GL entries and respond to QA same day – pertaining Clearing and Cash dispute / Vault and ATM GL’s.
  • Review policies, procedures and statutory requirements to suit the activity pertaining to Clearing, and amend if required.
  • All rule books, guidelines for Clearing of regulatory to be met

Job Qualifications:

  • Bachelors Degree in a Finance discipline.
  • 4 – 5 years experience as Manager in banking operations, with Clearing and cash management exposure.

 

 

 

 

 

 

 

 

 

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