Processor – Funds Transfer

KEY RESPONSIBILITIES:
Operational Processing
• Execute daily fund transfer transactions including ACH, RTGS, internal transfers, standing instructions, and bulk payments (e.g., salaries, pensions, court orders).
• Validate incoming and outgoing payment instructions and ensure all entries are processed accurately in the core banking system.
• Monitor payment queues and ensure timely processing to meet cut-off times.
• Handle payment investigations, amendment requests, and reversals with internal stakeholders and correspondent banks.
• Prepare necessary reconciliations and end-of-day reports, ensuring completeness and accuracy.

Regulatory Compliance & Risk Control
• Ensure full compliance with Central Bank regulations, AML/KYC procedures, and internal policies.
• Flag any suspicious transactions and escalate immediately to the appropriate team.
• Maintain accurate records of all transactions and support audit and compliance reviews.

System & Process Optimization
• Participate in system enhancements and UAT testing for new products or payment modules.
• Suggest and support improvements in payment workflows to enhance speed, reduce errors, and automate repetitive tasks.
• Ensure readiness and accuracy during major processing events like salary days and month-end cycles.

Communication & Coordination
• Liaise with branches and departments to resolve queries or incomplete documentation.
• Coordinate with IT and project teams on system issues or enhancements.

Continuous Learning & Team Support
• Stay up-to-date on regulatory changes and payment trends.
• Support new joiners with knowledge sharing and training.
• Demonstrate flexibility in taking on additional tasks or responsibilities during peak volumes or staff absences.



Requirements

• Omani nationals only
• Bachelor’s degree in Banking, Finance, Accounting, or related field.
• Fresh graduate or up to 2 years of experience in a banking operations environment.