REMITTANCE OFFICER @ UNITED BANK FOR AFRICA
The Remittance Officer is a key role within the banking operations team, focusing on the efficient and accurate processing of both domestic and international money transfers. This involves managing wire transfers, SWIFT messaging, and other electronic payment systems to ensure funds reach their destinations securely and on time. The officer must verify all transaction details and documentation to comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. By providing seamless remittance services, the officer supports the bank's commitment to excellence in customer service and operational reliability.In addition to transaction processing, the Remittance Officer is responsible for resolving customer inquiries and discrepancies related to fund transfers. This requires close coordination with other departments and correspondent banks to track payments and correct errors. The role also includes maintaining detailed records of all transactions for audit and reporting purposes. Staying updated on changes in international payment standards and foreign exchange rates is essential for maintaining the bank's competitive edge in the remittance market. This position is located at the Head Office in Dar es Salaam, Tanzania.
Key Requirements
Degree in Banking, Accounting, Business Administration, or a related discipline.
Minimum of 2-3 years experience in banking operations, specifically in remittance or payments.
In-depth knowledge of SWIFT procedures and international payment standards.
Strong familiarity with AML/KYC guidelines and regulatory reporting.
Exceptional attention to detail and a high level of accuracy in data entry.
Good understanding of foreign exchange operations and currency calculations.
Excellent communication and interpersonal skills for client interaction.
Ability to work under pressure and meet strict processing deadlines.
Proficiency in Microsoft Office Suite and specialized banking software.
Strong problem-solving skills to resolve transaction discrepancies efficiently.