Clearing Officers Vacancies at Stanbic IBTC Bank in Ado Ekiti, Akure, Ilorin  

Job Title: CLEARING OFFICER - ADO-EKITI,AKURE AND ILORIN
Job ID 9603

Location Nigeria 
Division Investment Banking 
Position Category IB Management 
Employment Type Full Time - Permanent 
Shift No 
Regulatory Approval Yes 
Post Closing Date Aug 10, 2012 

Position Description 
Ensure correct procedures for handling clearing cheques, scheduling of outward cheques after receiving it from the tellers, Ensure due diligence on the cheques handling. Prepare Caution notices as applicable. Hand over returned cheques to TLCS for onward delivery to customers following the laid down procedures. Process outward clearing cheques in line with the procedures. Posting of cheques into relevant accounts. Moved processed cheque to Clearing house (CBN) following laid down procedures. 

Support functions:

• Takes outward clearing cheques to Clearing (CBN) on a daily basis (Clearing Rep)
• Collate and send all NEFT transactions received from clearing house to OPC Back office support team for final processing
• Post Inward clearing cheques from Clearing (CBN) on a daily basis 

Reports:

• Inward Clearing Cheque
• Outward Clearing Cheque

Legislative prohibitions 

• In your current position you are not an accredited representative in terms of the Act, and are therefore prohibited from giving any advice or intermediary service to a customer in terms of a financial product, as determined by the Act. 
• In terms of the Financial Advisory and Intermediary Services Act No 37 of 2002, (the Act) no staff member is permitted to provide any advice or intermediary service to a customer, in terms of a financial product, as determined by the Act, unless they have been appointed as a Representative of a licensed Financial Services Provider. 

Cheque processing: 
 Ensuring due diligence on the cheques handling
 Prepare Caution notices as applicable
 Hand over returned cheques to TLCS for onward delivery to customers
 Ensure laid-down procedures are adhered to when handing over returned cheques to TLCS 
 Scheduling of outward cheques after receiving it from the tellers
 Ensure outward clearing cheques are photocopied and duly filed
 Posting of cheques in the correct accounts into relevant accounts.

Method of Application
http://careers.peopleclick.com/careerscp/client_standardbank/external/en-us/jobDetails.do?functionName=getJobDetail&jobPostId=19171&localeCode=en-us

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