• 2.6.4 Nostro reconciliation


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    Description of role

    Responsible for performing accounting book keeping and reconciliation of nostro accounts.

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    Core skills

    • Ability to perform reconciliation of GL and statements item in nostro account across all entities
    • Ability to investigate outstanding items in nostro accounts and follow-up with nostro agent banks
    • Ability to work closely with business and support units to resolve outstanding nostro breaks
    • Participate in monthly GL account ownership signoff process
    • Ensure all reconciliation is complete within agreed service level agreement timelines daily
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    Qualification and/ or certification

    • QFSQF Level 2
    • Relevant experience

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    Industry knowledge

    • Knowledge of Islamic banking industry

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    Regulatory compliance of role

    • Knowledge of banking regulatory framework
    • AML laws and regulations