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11 Apr 2023

ADMS Officer at Absa Group

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Job Description


Bring your possibility to life! Define your career with us

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

 

Job Summary

The Primary responsibility of the job is to deliver excellent operational performance through undertaking a wide range of processes and service activities within KYC i.e. Manual salaries, Standing Orders and ADMS.

Job Description

ABSA DORMANCY MANAGEMENT SYSTEM (ADMS)

Ensure that unclaimed and dormant accounts are reconciled weekly and evidenced by manager’s review.
Ensure that the monthly ADMS reports are actioned and reviewed by the manager.
Reports R022, R021, R011 and R012 should be sent to the branches for actioning.
Ensure that commission is collected when payment is processed as per tariff guide on all dormant accounts.
Ensure that mandates for dormant accounts paid are attached to the claim form as proof of ownership of the claimant and where not dispensation was given to pay.
Review claim forms and make payments on the ADMS system and BRAINS
Monthly Recon of Report UN 007
Ensure that dormant accounts that have clocked 10yrs are transferred to Central Bank and that record on transfer is in place.
Ensure that dormant checklist is attached to the claim form and that application is compliant with the checklist.
Ensure that unclaimed balances and unclaimed credit accounts are reconciled daily and signed off.
Ensure that unallocated transfers are reconciled daily and signed off
ABSA DORMANCY MANAGEMENT SYSTEM (ADMS)

Ensure that unclaimed and dormant accounts are reconciled weekly and evidenced by manager’s review.
Ensure that the monthly ADMS reports are actioned and reviewed by the manager.
Reports R022, R021, R011 and R012 should be sent to the branches for actioning.
Ensure that commission is collected when payment is processed as per tariff guide on all dormant accounts.
Ensure that mandates for dormant accounts paid are attached to the claim form as proof of ownership of the claimant and where not dispensation was given to pay.
Review claim forms and make payments on the ADMS system and BRAINS
Monthly Recon of Report UN 007
Ensure that dormant accounts that have clocked 10yrs are transferred to Central Bank and that record on transfer is in place.
Ensure that dormant checklist is attached to the claim form and that application is compliant with the checklist.
Ensure that unclaimed balances and unclaimed credit accounts are reconciled daily and signed off.
Ensure that unallocated transfers are reconciled daily and signed off
Receives authorized customer instructions from KYC Officer for:
New accounts amended or cancelled instructions.
Amendments to customer and account details
Capturing account details for both individuals and entities authorized by Team Leader/KYC Officer
Receives and executes customer instructions from KYC Team Leader/ KYC Officer confirmed as KYC compliant for accounts opening amended or update customer instructions on signature additions
Amendments to customer and account details on Ebox
Executes the instructions i.e. new accounts and amendments to accounts according to customer’s details and account details on the relevant system.
Rectify all rejected input data wrongly entered and incorrectly scanned signatures returned by Team Leader/KYC Officer Account opening
Resolve all account opening and amendments queries from branches/query center
Scan and link signatures to accounts opened
Execute customer instructions that are not systematically executable
Administer leave plan
Daily, weekly, and monthly submission of MI s respectively
ACM-you will be required to perform any other work assigned to you in line with AOM, plus any other duties that may be provided by line manager from time to time
Ensure you read and understand health and safety circulations and other compliance circulars.
Understand risks and controls of domestic payments roles.
File health and safety,BCM,HR and all manner of compliance policies and ensure team member are attested
Ensure clean desk policy is adhered to
Work closely with supervisors and team members as one team to deliver excellent performance
Actively participate in team events and morning hurdles
Ensure that all activities and duties are carried out in full compliance with regulatory requirements,Absa Operational Risk Framework and internal Absa Policies and Standards
Have an analytical mind
Have a good understanding of book-keeping
Have an understanding of how to use the exchange rate
Good key board skills
Decision making
Team builder/player
Good communication skills
Good planning abilities

Education

Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

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Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 20th April, 2023.





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