Associate Payment

About Commercial Bank Of Qatar

Job Summary

Customer

• Back office – Mostly focused on internal service delivery.

Internal Process

• Focuses on process accuracy, integrity & efficiency.
• Learning and Development
• Employee to identify training and development needs apart from what is recommended by line manager. Maintain effective work relationships with other individuals/teams within the Bank

Financial

• Recommends or influences expenditure but has not direct expenditure authority. Primary responsibility is to control cost and prevent wastage

Operational Procedures

• Review documents received through Documentum and process the payment as per SOP
• Review documents and raise request for missing details as per SOP
• All Online payments which are falling the error queue needs to be validated and formatted per SWIFT standards
• Prepare SWIFT messages for all manual payments as per SOP
• Setup Standing Orders as per request received from branches
• Prepare Manager’s Cheque as per request received from the clients
• Index the documents received from branches and notify dealers for all high value transactions as per SOP
• Prepare accounting entries for AML rejected payments and forward to approver for review and action
• Follow-up with branches to close out any queries raised
• Ensure all payments received are processed within cut-off time and identify areas/process improvement, document them and submit to line manager. Assist with UAT on process/system changes, or as required by internal policy
• Reconcile all related suspense/GL accounts in the required frequency and ensure that all receivables and payables are accounted for in the reconciliation statement

Requirements

• Knowledge in Fund Transfer Operations
• Knowledge in SWIFT payments
• Ability to collaborate and communicate effectively
• Ability to work under pressure
• English language fluency
• MS Office & Typing accuracy
• University degree and 3 years of experience.
• ****Key Interactions****

Internal

• Dealers, RMs, Branches & Internal departments of Operations team
• ****Competencies****
• Adaptability/Flexibility
• Creativity/Innovation
• Decision Making/Judgment
• Dependability
• Initiative
• Integrity/Ethics
• Personal Organization
• Planning
• Problem Solving/Analysis
• Process PRIME postings manually
• Process transaction vouchers received from various Departments (internal)
• Productivity
• Quality
• Receipt and verify the posting and payroll documents received
• Results Focus
• Self Development
• Sense of Urgency
• Strategic Thinking/Management
• Summary
• Vision and Values
• ****Why Commercial Bank?****
• Best Digital Bank in the Middle East 2024 by World Finance and Best Mobile Banking App in the Middle East 2024 by Global Finance.
• An Innovation-Driven, Digital-First Environment where employees work with the latest tools and technologies to redefine banking
• Opportunities for Global Partnerships & International Exposure, connecting employees with global networks and perspectives.
• A focus on Employee Well-being & Work-Life Balance, ensuring a healthy and supportive environment for all team members
• Competitive Compensation & Benefits that ensure our employees are rewarded for their dedication and performance
• A strong Commitment to Diversity, Equity & Inclusion, fostering a culture that values every individual’s unique perspective.
• At Commercial Bank, we don’t just offer careers, We shape futures by pioneering
• digital transformation
• in Qatar’s banking sector, blending
• digital-first
• approach to redefine banking through
• innovative
• solutions.

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