Hiring Company
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QATAR NATIONAL BANK
About QNB
QNB Group, the largest Financial Institution in the Middle East and Africa are looking to hire a Head of Global Risk Support, to meet the expansion needs of our office in QNB - Qatar//Doha.
QNB has enjoyed continued success with Net Profits of QAR 10.8 billion (USD3 billion) in 2018 (up by 6%) and increased Total assets to QAR 853 billion (USD 234 billion). The Group now employs over 29,000 employees in 1,200 locations, with an ATM network of more than 4,300 machines.
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Vacant Post
| Officer Reconciliation & Account Investigation |
Last Date
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03-April-2019
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Location:
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QATAR
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Salary
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-
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Apply Method
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Description of Job
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Role Summary:
You will be responsible for performing accurate and timely Account reconciliation of Nostro within the QNB Group including governance over international branches and subsidiaries, and to ensure all outstanding / UN-reconciled items are communicated to the concerned area and cleared on a timely basis after proper investigation is conducted. Also will Generate and analyze Balances report for all accounts on a daily basis for Treasury Ops and Dealing room. Any doubtful / fictitious transactions will be reported as per the laid procedures
Role Description:
l Perform daily reconciliation for assigned Nostro & QATCH Accounts to enable timely identification and resolution of outstanding reconciliation items and thereby prevent any losses being incurred by the Group
Various local and international departments/ units within QNB Group which will be covered by the personnel responsible for the Reconciliation & Account Investigation functions and to whom reports will be issued stating the areas where improvement is required from an operational/ control perspective
l Ensure the existence of adequate policies/ procedures which define the scope of the control activities and the reporting requirements.
l Timely conduction of central reconciliations in accordance with laid down procedures to ensure that errors, omissions, duplication and any unexplained items are discovered and corrected timely and the root causes identified to prevent recurrence of such instances in future.
l Verify & confirm the performance and functional aspects of the Nostro Reconciliation, and Proof Reports.
l Prepare required reports as per the agreed (KPI) & (KRI) and share/discuss with concerned area in QNB Group.
l Suggest modifications and/ or identify suitable alternate solutions where necessary in coordination with Senior Manager Reconciliation & Account Investigation.
l Prepare financial vouchers for reconciliation as per the laid procedures
l Support International Branches and Subsidiaries
l Possess understanding of Banking Operations, Accounting, control and reconciliation tools, techniques and methods.
l Identify related areas for professional development of self and all direct reports, and act to enhance professional development of self and others
Qualifications:
Bachelor in Account/Finance Business Administration
2-3 years in banking with a minimum of 3 years in operational controls or finance experience |
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