Banking Officer – Reconciliation Job Opportunities – DFCU Bank

 Banking Officer – Reconciliation Job Opportunities – DFCU Bank

Job Title:    Banking Officer –
Reconciliation (No Experience Jobs)

Organization:  DFCU

Duty Station:  Kampala,

Reports to:
Team Leader – Reconciliation


About US:

DFCU Bank is a fast
growing commercial bank offering a variety of innovative products and services.
DFCU Limited was started by the Commonwealth Development Corporation (CDC) of
the United Kingdom and the Government of Uganda through the Uganda Development
Corporation (UDC) under the name of Development Finance Company of Uganda Limited.
Later restructuring brought in DEG (of Germany) and International Finance
Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake
in the company. Its objective was to support long-term development projects
whose financing needs and risk did not appeal to the then existing financial
commercial lending institutions.


Job Summary:  The Banking Officer – Reconciliation is
charged with preparing accurate and timely reconciliations for all suspense,
Nostro, ATM, Visa, and any other internal accounts in accordance with bank


Key Duties and

  • Daily/weekly/monthly
    reconciliation of Suspense/Nostro/Internal accounts of various products (Loan,
    Credit Card, ATM, online banking).
  • Follow
    up/Escalate with responsible business units on outstanding items according to
    bank procedures.
  • Report/
    escalate control breaches to the team-leader for timely investigation.
  • Identify
    exceptions/suspicious transactions and escalate them to the team leader in a
    timely manner.
  • Identify
    potential system issues that affect reconciliation of suspense accounts so as
    to support in providing solutions to the teams in closing the issues.
  • Verify
    the reliability and accuracy of data provided by third parties with that in the
    core banking application.
  • Support
    the team leader reconciliation with information regarding all relevant issues and keep her informed of the status of
    the reconciliations and related unresolved issues.
  • Contribute
    to or support recommendations on changes in operational procedures that relate
    to Reconciliation’s functions.
  • Respond
    to customer queries in a timely and professional manner.
  • Identification
    of issues or concerns related to potential gaps in existing processes,
    procedures, policies.
  • Support
    the team leader reconciliation by contributing to process improvement
    strategies to address identified inefficiencies and ensure required processes
    are established to meet changing needs.


Qualifications, Skills and Experience:

  • The
    applicant for the DFCU Bank Banking Officer – Reconciliation job must hold a
    University Degree.
  • Fluent
    in use of MS Excel.
  • Previous
    work experiences in account reconciliation, Finance, Operations in a financial
    institution preferred.
  • Service
    oriented with a distinct team-work attitude and ability to attend to details.
  • A fast
    and self-motivated learner.
  • High
  • Communication/Interpersonal


How to Apply:

All suitably
qualified and interested candidates are encouraged to
send applications with detailed CV’s including present
position and copies of relevant professional/academic certificates (University
Transcript, O and A level) to the email address indicated below;
[email protected]


Deadline: 12th October 2020

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