About the Role

The Manager of Central Processing at KCB Bank Uganda plays a crucial role in the bank’s operations, ensuring that all inward and outward Real-Time Gross Settlement (RTGS) transactions are processed efficiently and accurately. This position is vital in maintaining regulatory compliance and financial integrity, contributing to the overall customer experience. In the initial months, you will focus on understanding the operational workflows and familiarizing yourself with the internal systems such as T24 and SWIFT. You will also engage with various stakeholders to drive improvements and ensure that the team meets its performance targets.

Key Responsibilities

• You will oversee the timely processing of RTGS transactions, ensuring they comply with established limits and procedures for various entities such as URA and UMEME.
• Monitoring RTGS transactions that are on hold or unauthorized will be part of your daily routine to ensure prompt resolution and completion of these exceptional cases.
• It will be your responsibility to ensure that all Clearing and RTGS reconciliations are conducted accurately, leading to the timely closure of outstanding items in suspense accounts.
• You will authorize remittance transactions in systems such as RTGS and SWIFT to avoid regulatory penalties, ensuring accuracy in every transaction processed.
• Your role involves preparing and submitting both internal and regulatory reports, including operational payment statistics and contingency returns, adhering to the specified frequency.
• As part of your duties, you will monitor instant card printing processes to ensure timely delivery to branches, which is essential for maintaining customer satisfaction.

Requirements & Qualifications

• A Bachelor’s Degree in Quantitative Economics or a related field is essential for this role.
• A Master’s Degree in Business Administration is highly desirable, providing a strong foundation for strategic decision-making.
• At least 5 years of relevant experience in banking operations or a similar financial environment is required to fill this position effectively.
• Familiarity with transaction processing systems like T24, SWIFT, and Direct Credit Engine is expected to navigate daily tasks efficiently.
• Strong analytical skills and the ability to identify and mitigate risks associated with operational processes will be crucial for success in this role.

What You’ll Gain

• Experience in managing complex banking operations will significantly enhance your professional profile and career prospects in the financial sector.
• You will develop leadership skills through mentoring and coaching team members, preparing you for higher management roles in the future.
• This position offers a deep understanding of regulatory compliance, providing you with valuable expertise that is highly sought after in banking.
• Engaging with various stakeholders will enhance your communication skills and broaden your professional network within the banking industry.

How to Apply

If you are ready to take on this challenging and rewarding role, please submit your application through the following link: Apply here.