Al Baraka Bank, registered in South Africa since 1989, pioneered Islamic banking in this country in response to an identified need for a system of banking which adhered to Islamic economic principles. The bank, with its Head Office in Durban and a strategically located national branch network, is So... read moreuth Africa’s only fully-fledged Islamic bank and is a subsidiary of the international Al Baraka Banking Group B.S.C., which has established one of the largest international Islamic banking groups in the world.
MAIN FUNCTIONS OF THE JOB
Bank Reconciliation
Run extracts of all iMal transactions for each bank account and update the cash book accordingly.
Reconcile all iMal entries against bank
MAIN FUNCTIONS OF THE JOB
Policy Administration
Captures the Takaful policy applications, renewals, and amendments accurately and efficiently to ensure service level agreements (SLAs) are met
MAIN FUNCTIONS OF THE JOB
Credit Application Process
Reviews information for credit applications and review of facilities
Allocates to credit analyst for processing
Management of the dead
KEY PERFORMANCE AREAS
Deposits
Ensures monthly sales targets are achieved by effectively promoting the Bank’s deposit products.
Completes and submits all applications for client
MAIN FUNCTION OF THE ROLE
Pre-Vetting Applications
Review and analyse finance applications within the mandates of Executive Credit Committee (ECC), Senior Management Credit Committee (S
MAIN FUNCTIONS OF THE JOB
Research
Assists in the development of policies and procedures
Participates in all phases of research including development of tools, implementation and input
MAIN FUNCTIONS OF THE JOB
Management of Arrears
Proactively manage and recover customer accounts in arrears through daily client engagement.
Follow up on unpaid debit orders and outstanding
MAIN FUNCTIONS OF THE JOB
Ongoing Due Diligence
To review all FICA documentation on existing customers
To ensure customers details are accurate and up to date.
To ensure all existing clie
KEY PERFORMANCE AREAS
Research, Engagement & Administration
Assess sponsorship and charity requests and conduct detailed background and compliance checks on applicants.
Engage and commu
KEY PERFORMANCE AREAS
Testing & Quality Assurance
Design, execute, and maintain manual and automated test suites across functional, regression, performance, and API testing layers
New and Existing Customer Relationships
Identifies customer needs by visiting clients in order to ascertain how the banks products and services can meet their financial requirements
Requests f
MAIN FUNCTIONS OF THE JOB INCLUDE:
Vat
Calculates the monthly VAT (bi·monthly for Albaraka Properties (Pty) Ltd and Albaraka Financial Services (Pty) Ltd) payable to SARS.
Prepares t
Risk Management
Identifies Key Risk Indicators (KRI) and tolerance levels, where appropriate in respect of major risks facing the bank through workshops and meetings with Risk Owners
Rec
MAIN FUNCTIONS OF THE JOB
AVS Verification
Perform AVS checks on new beneficiaries and once-off payments via the integrated Enterprise AVS platform.
Verify mandatory fields including:
ID
Perform the role of an approver for the following functions:
CSM
To ensure CIF creation is approved correctly based on the following:
FICA status.
Branch.
Customer type.
KEY PERFORMANCE AREAS
Research & Engagement
Assessing sponsorship requests, verifying compliance with regulations, and conducting in-depth background checks on applicants. This includes m
