Officer Reconciliation & Account Investigation

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Company:
Qatar National Bank (QNB)
Location:
Doha, Dawhah, Qatar
Salary:
Competitive
Employment Type:
Full time
Sector:
Credit, Operations, Trading
Sub Sector:
Other, n/a, n/a
Position Type:
Permanent
Job Reference:
1838876
Date Added:
23-June-2017

Job Description

About QNB
QNB Group, the biggest bank in Qatar, and a leading financial institution in the Middle East and Africa, is looking to hire a Officer Reconciliation & Account Investigation, to meet the requirements of the expansion of its office in QNB - Qatar//Doha.
QNB Group's presence through its subsidiaries and associate companies now extends to more than 30 countries across 3 continents, providing a comprehensive range of products and services. The total number of staff is more than 28,000 operating from over 1200 locations.

Role Description:
Perform daily reconciliation for assigned Nostro & QATCH Accounts to enable timely identification and resolution of outstanding reconciliation items and thereby prevent any losses being incurred by the Group
Various local and international departments/ units within QNB Group which will be covered by the personnel responsible for the Reconciliation & Account Investigation functions and to whom reports will be issued stating the areas where improvement is required from an operational/ control perspective
Ensure the existence of adequate policies/ procedures which define the scope of the control activities and the reporting requirements.
Timely conduction of central reconciliations in accordance with laid down procedures to ensure that errors, omissions, duplications and any unexplained items are discovered and corrected timely and the root causes identified to prevent recurrence of such instances in future.
Verify & confirm the performance and functional aspects of the Nostro Reconciliation, and Proof Reports.
Prepare required reports as per the agreed (KPI) & (KRI) and share/discuss with concerned area in QNB Group.
Suggest modifications and/ or identify suitable alternate solutions where necessary in coordination with Senior Manager Reconciliation & Account Investigation.
Prepare financial vouchers for reconciliation as per the laid procedures
Support International Branches and Subsidiaries
Possess understanding of Banking Operations, Accounting, control and reconciliation tools, techniques and methods.
Identify related areas for professional development of self and all direct reports, and act to enhance professional development of self and others

Qualifications:
Bachelor in Account/Finance Business Administration
2-3 years in banking with a minimum of 3 years in operational controls or finance experience

Additional requirements
Good oral and written communication skills in English and Arabic.
Proficiency in reconciliation and control tools, techniques and related procedures, including best practices relating to the same.
Well-versed with the central reconciliations function.
Knowledge of banking processes/ operations and procedures, transactions and banking systems.
Knowledge of pertinent regulations pertaining to operations control.
Computer literate with knowledge of MS Office applications

Note: you will be required to attach the following:
1. Resume / CV
2. Passport-size photograph