New Vacancies at Al Baraka Bank South Africa

MAIN FUNCTIONS OF THE JOB

Applications Development

• Receives specifications from relevant departments or from senior developers for the application to be developed. 
• Analyse the specification document to ensure that the requirements are understood and whether the deadlines can be met and contacts relevant department for clarification.
• Selects technology to be used based on Al Baraka Banks standards i.e Microsoft technology or Al Baraka’s technology standards to develop the application after consulting with senior developers.
• Develops the application using the selected standard.
• Created a staging area for testing using a desktop, entire application with database and entire test scenario for Quality Assurance to perform testing.
• Maintains this application by attending to requests received as and when required

Enforcing Development Standards and Best Practices

• Follows standards and best practices defined by management

Requirements

QUALIFICATIONS

• Degree or Diploma in Information Technology or related qualification
• Microsoft International Qualification

PREFERRED EXPERIENCE

• Minimum of 1 years working experience of developing applications for a financial institution.
• Corporate experience would be an advantage
• Experience with Financial systems

KNOWLEDGE REQUIRED

• Application Development
• Data Science

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Customer on Boarding

• To review and approve customer account opening documentation on the system.
• Ensure that all information captured on the system matches the source documents.
• Ensures that correct and clear documents are scanned prior to approval.
• Ensures that all information is captured accurately on the Bank’s Operating systems
• Ensures FICA policies and procedures is strictly enforced.
• Ensures Watchlist screening check is conducted and clear.
• Ensures that turnaround times are adhered to when approving Accounts.

Mobile Banking

• To review and approve digital banking profiles when required.
• To review and approve linking of transactional banking accounts.
• To review and approve change of password.
• To review and approve device linking.
• To review and approve customer linking.
• To contact customers to conduct verification checks.

 Administration 

• Address/assist Branch FICA queries.
• Attends to ad hoc administration requirements as and when required.

Requirements

QUALIFICATIONS

• Minimum – Matric / Certificate in Banking or similar

PREFERRED EXPERIENCE

• Minimum experience of 1 year in a similar position.

 KNOWLEDGE REQUIRED

• Excellent understanding of FICA required
• Microsoft Office 365

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Description

Office Administration

• Coordinates any general maintenance with third party contractors required for the office as requested by the Facilities Department.
• Greets, assist and/or directs visitors and clients.
• Orders the required consumables and/or any other items as required for branches
• Ensures all branch monthly accounts are paid in a timeous manner.
• Handle all Travel Arrangements for managers
• Managing the Petty Cash Account and relevant submissions to Head Office
• Arranges appointments and updates the Corporate Manager and Relationship Managers diary as and when required
• Sends mail internally to respective departments as well as external mail to clients timeously
• Orders stationary as and when required by corporate staff and submits internal order note to Administration department
• Updates Corporate client’s database with regards to the Top clients
• Requests from the finance department settlement figures as per client request, and logs accordingly once settled
• Extracts statements as per client requests, and liaise with clients regarding any statement queries
• Liaises with Conveyancing department in regard to bond cancellations, release of title deed as well as requests release of original logbooks as each deal is settled or requested by client.
• Requests and follows up on audit certificates and bank confirmations as and when required, and ensures fees are received for same 

Sales Administration

• Requests and collates FICA information from clients and submits same to the technical support team timeously
• Attends to any debit order queries received, and logs any changes/suspensions with the Advances Technical Support Team timeously
• Assists clients with any deal related queries
• Logs and attends to any reimbursements and/or reconciliation requests with the Central Ops Debtors Team when required
• Ensures all fees/deposits/settlements are allocated to the correct account by submitting same to BSA Allocations team
• Any allocation queries received from BSA -Central Operations to be attended to
• Prints all legal agreements and relevant documents pertaining to deals for the respective managers
• Uploads to Advances Technical Support log timeously for all revolving asset facilities and once -off motor vehicle and equipment facilities
• Ensure all conditions, fees and payments are logged onto the Advances Technical Support
• Ensure all legal agreements and documents pertaining to deals are signed correctly and dispatched timeously
• Extract Musharaka Sale of Units document (when applicable) to send to clients and upload onto Credit Work Log within 5 days of payout
• Attends to valuation quotes and instructions, ensuring all requests are followed up
• Reconciles Valuator Statements on a monthly basis and facilitates payments monthly
• Assists in preparing trade and asset markup letters as and when required the Albaraka Profit Markup changes
• Ensures maintenance of new Metro file system by ensuring customer information is scanned and placed in file on an ongoing basis (up until all files have been dispatched)

General

• Create /Assist wrt Decision pack once approval received and request facility letter on TASL.
• Create / Assist STC packs and upload to TASL.
• Create / Assist Payment packs and submit payments for murabaha deals.
• Prepare MV proxy packs.
• Fees: IMAL invoices generated and manual invoices drafted where applicable
• Completing Pipeline report

Back Office Support

• Assists the Credit Analyst and Corporate Operations Supervisor in general administrative tasks daily
• Attends to adhoc tasks allocated by the Corporate Managers

Requirements

QUALIFICATIONS

• Matric
• Relevant Diploma/Degree will be an advantage
• Computer skills 

PREFERRED EXPERIENCE

• At least 1 years’ experience within a Financial Services institution
• General banking experience would be an advantage

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Description

Credit Proposals

• Analysis of financial statements and management accounts in order to assess financial performance of applicants as well as guarantor entities which includes preparation of Income Statement, Balance sheet spread and consolidation of Information where applicable
• Analysis of Value Added Tax (VAT) returns and book debts
• Research market trends, perform qualitative reviews, corporate ratings and determines affordability of repayments
• Obtains information on clients’ background, nature of business, location, Management, customer and supplier information
• Requests Kreditinform report to determine clients Credit history, bank reports and security confirmations if it is related to a trade client
• Creates a SWOT analysis in order to identify risks associated with clients thus highlights the banks awareness to potential hazards
• Prepares and updates detailed manual exposure report for Group in terms of security by ensuring securities are correctly loaded, financials are updated on relevant system, qualitative review status is updated, valuations are up to date and follows up on arrears if applicable
• Provides sensitivity analysis for each application within the proposal
• Prepares information sheet and requests Trust reviews from Legal department
• Identifies risks with respect to client and/or Industry and mitigating factors
• Responds to queries made by Management Credit Committee (MCC), Executive Credit Committee (ECC), Board Credit Committee (BCC) and Board of Directors (BOD) relating to the proposal as and when required

Analysis of Book Debts

• Conducts analysis of book debts on a monthly basis for clients, whose cession of book debts are held as security which entails liaising with clients to determine recoverability of book debt balances that are outstanding
• Determines updated book debt security amounts and updates on the system
• Prepares book debt pack schedules which entails security values for each client and risk rating monthly
• Liaise with clients with regards to book debt queries
• Responds to queries on the analysis raised by the relevant Committees

Trade Finance Reviews

• Maintains and updates trade review lists and registers for all trade and revolving asset facilities by updating review dates, level of facilities, ECCM approval dates, date review letter submitted and includes updating for all new clients
• Maintains and updates tracking schedule which includes clients name, date submitted, purpose of application, ECC date approved/declined, next review date and facility amount approved
• Maintains and updates outstanding information lists for each application and subsequent follow up

Review Letters

• Prepares trade review letters requesting financial information from clients and/or the clients accountants for annual trade reviews
• Follows up on receipt of letters and submission of information on an ongoing basis

General

• Follows up on financial information required from clients such as financial statements, management accounts, VAT returns, Assets and Liabilities statements, Income and Expenditure statements, Banking details and queries relating to financial statements, etcetera
• Obtains and reviews FICA documentation for all new and existing clients
• Completion of the necessary checklist
• Compiling and maintaining of deal files

Requirements

QUALIFICATIONS

• A degree or Relevant Qualifications in Finance / Accounting will be required in order to meet the requirements of the role at the highest level of competence

PREFERRED EXPERIENCE

• A minimum of 2-3 years’ experience in the Finance/ Accounting environment