Funds Transfer Officer at Infinity Trust Mortgage Bank Plc (ITMB)

Infinity Trust Mortgage Bank Plc (ITMB) was licensed in 2002 and started business operations in 2003, precisely, 15 years ago. Its registered trade mark  Infinity Homes is a reflection of the strong desire of the Bank to create endless opportunities for shelter for every category of Nigerians.

We are recruiting to fill the position below:

Job Title: Funds Transfer Officer

Location: Lagos
Job type: Full-time

Responsibilities
Candidate will act as a great support to the Head of Operations in:

• Reconciliation-GLs, ATM and corresponding bank reconciliation.
• Customer Service
• Cash management
• To ensure that adequate arrangements are in place for security, light in the vault area and branch.
• To ensure that the vault is opened not later than 7:45am for cash movement after confirming that personnel and necessary conditions are in place.
• Check that vault door and entrances near the vault are always locked with adequate security during cash movement from/to vault.
• Ensure that all designations relating to Custodianships are up-to-date and that only authorized persons perform such Functions.
• Ensure each teller/FTs and all witnesses sign Vault record book at the time of box removal and time box is brought back.
• Ensure that all cash movements in and out of the Vault are recorded in the vault cash register
• Check during different times of the day that there is no unexplainable queue/waiting.
• Ensure you review all account opening documents and approve only request with complete documentation or approved deferrals and waivers. 
• Review the GLs and Items In Transit Accounts (ITA) and ensure they have Nil Balances or provable balances.
• Ensure That Prime Records are afforded the Protection of Fire Locked Resistant/Vaults/Safes.
• Follow up with account opening on deferred transaction media and account opening documents.
• Review All Accounts With Incomplete Documentation Exceptions for Appropriate Follow Up And Necessary Action. 
• Review Last Audit Report and ensure that all exceptions have been regularised. 
• Coordinate end of month activities bank-wide.
• Carrying out reconciliation of bank GLs and correspondence bank statement.
• Work with Financial control units and other units to reconcile grey areas before the running of the FYE.

Key Performance Indicators (KPI):

• ATM Cash Availability.
• Error rates in transaction process implementation. 
• Compliance /inspection report.
• Turnaround time on transaction processing.

Job Requirements & Person Specification
Academic Qualification & Work Experience:

• A first degree or equivalent in Accounting or any related field. 
• A Master’s degree would be of added advantage. 
• A minimum of 5 years of experience in Financial Institutions.

Knowledge:

• Computer Proficiency
• Comprehensive knowledge of Mortgage banking products.

Skills:

• Strong Analytical Skills
• Professionalism, integrity and commitment to your duties 
• High level of interpersonal skills to interact with customers, potential customers
• Develop and manage a team of well-trained, focused and motivated Banking Services staff
• Ability to ensure customer and staff account privacy and confidentiality 
• Ability to work in a team setting and excel.

Application Closing Date
Not Specified.