JOB SUMMARY
Responsible for the prompt processing of incoming remittances to facilitate immediate release to the beneficiary or posting to the beneficiary's account or pick-up at any or designated cash pay-out center and outlets or delivery at beneficiary's designated address.
JOB DESCRIPTION
- Encodes/ processes inward remittances through Bank of Commerce Remit System.
- Performs processing and conversion of the remittance datafiles from remittance partners and correspondent banks.
- Uploads batch files to SIBS through Bank of Commerce Remit System for posting to valid CASA accounts.
- Prepares and sends tracers to remittance partners and correspondents banks in case of errors /problems encountered in the remittance data files.
- Inputs daily at start-of-day the updating of the foreign exchange rates for the Bank of Commerce Remit System.
- Advises branches on the discrepancy noted on the remittance details vs account information on SIBS.
- Performs daily the uploading of GL file for accounting units.
- Performs daily DMs/CMs for posting with IBT and ensuring that those for debits to vostro accounts are sufficiently funded and actually debited.
- Prepares data for outward to other banks via the Philippine Domestic Dollar Transfer System (PDDTS), EPCS and Philpass Remit.
- Monitors all incoming summaries of transactions sent by remittance partners through email, fax, FTP or other electronic channels.
- Performs callback/ review of all remittance transactions uploaded to Bank of Commerce Remit System/BDS for posting to CASA accounts and other payment modes
- Records and assigns specific sequence to all transactions (manual/ automated)
- Observes the cut-off time given by the courier in processing remittances for credit to other banks and cash home delivery.
- Performs daily the back-up of Division's file server (BDS 950).
- Retrieves/processes daily data received from Electronic Peso Clearing Settlement (EPCS) or PDDTS - EODN
- Prepares daily, weekly, and monthly report for all the transactions processed.
- Responds/ initiates IBTs from/to branches via BDS.
- Performs other related functions that may be assigned by the Department Head from time to time.
JOB QUALIFICATION
- Open to fresh graduates who are eager to start immediately.
- Must be a bachelor's degree graduate of Business Administration.
