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  • Posted: Jan 13, 2022
    Deadline: Not specified
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    Nedbank Group Limited is a bank holding company that operates as one of the four largest banking groups in South Africa. The company's shares have been listed on the JSE Limited since 1969. The group offers a wide range of wholesale and retail banking services through four main business clusters, namely Nedbank Corporate and Investment Banking, Nedbank Retai...
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    Administrator Recons, Refunds & Closure

    Job Purpose

    To ensure financial transactions are processed within the agreed turn around times in terms of the laid down procedures and processes to effectively manage risk within the bank.

    Job Responsibilities

    • Closing of dormant accounts.

    • Close accounts that have been handed over.

    • Block accounts which have been abused by clients.

    • Process requests from various departments.

    • Liase with external stakeholders for death certificates.

    • Report to various departments on work done.

    • Close accounts when a client owes a bank 0 to R500. (90 days dormant)

    • Obtaining opening account forms from the back office for legal department.

    • Seek authorisation to close the account for amounts above R500. (dormant)

    • Releasing of securities as per Legal department request.

    • Request external stakeholder (Bankcol International) to impound debit cards from external clients as per the Pay no Pay department's instructions.

    • Hotlist the debit card if the client is abusing the card.

    • Check the accounts linked to the CIS to see if the account can be moved either to Retail or out of retail (ERM).

    • Obtain statements requested by different departments by calling NCCC

    • Update personal information on accounts (contact details and postal addresses).

    • Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.

    • Understand and embrace the Nedbank Vision and Values by demonstrating the values through interaction with team and stakeholders.

    • Ensure that own contribution and participation contributes to the achievement of team goals.

    • Create and manage own career through guidance and support of management, department and colleagues.

    • Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.

    • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.

    • Ensure knowledge management, continuity and team success through constructive participation in a diverse team and sharing knowledge with team.

    • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).

    • Participate and support corporate social responsibility initiatives for the achievement of business strategy (e.g.. training/awareness on digital forensic examination to external parties on pro bono basis).

    • Identify opportunities to improve or enhance processes by identifying and recommending improvements to tools, policies and procedures to add value to Nedbank.

    • Add value to Nedbank by identifying opportunities to improve or enhance processes through identifying and recommending improvements and supporting implementation of tools, policies and procedures.

    Essential Qualifications - NQF Level

    • Matric / Grade 12 / National Senior Certificate

    Preferred Qualification

    Degree in any Accounting field.

    Minimum Experience Level

    2-3 years experience working in financial, risk and process management environments.

    Type of Exposure

    • Completing various administrative duties (e.g.; answering phones; making copies; filing;)

    • Capturing data

    • Checking accuracy of reports and records

    • Managing conflict situations

    • Building and maintaining effective cross-functional relationships with internal and external stakeholders

    • Sharing information in different ways to increase clients understanding

    • Managing customer expectations

    • Comparing two or more sets of information

    • Interacting with diverse people

    • Tracking cost against a budget

    Technical / Professional Knowledge

    • Administrative procedures and systems

    • Data analysis

    • Relevant regulatory knowledge

    • Business writing skills

    • Relevant software and systems knowledge

    • Banking knowledge

    • Banking procedures

    • Cluster Specific Operational Knowledge

    • Business terms and definitions

    • Governance, Risk and Controls

    Behavioural Competencies

    • Managing Work

    • Work Standards

    • Initiating Action

    • Stress Tolerance

    • Continuous Improvement

    • Earning Trust

    • Building Customer Loyalty

    • Decision Making

    Method of Application

    Interested and qualified? Go to Nedbank on jobs.nedbank.co.za to apply

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