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ila Bank

Payments Officer

Job Information

Location

Bahrain

Career Level

Entry Level

Employee Type

Not Mentioned

Job Category

Banking/Finance

Experience

1-2 years

Date posted

Job Description

Payments Officer at ila Bank responsible for payment processing

ila Bank is seeking a diligent and detail-oriented Payments Officer to join our team. The successful candidate will be responsible for undertaking various activities within the department to ensure that service standards are consistently achieved and risks are effectively managed. This role demands a proactive individual capable of handling clerical, reconciling, and data administration tasks with precision.

  • Support the timely and accurate delivery of projects and initiatives within specification and budget.
  • Carry out data input, reconciliation, and monitoring services, ensuring adherence to bank processes and external regulations.
  • Identify and suggest improvements to processes to enhance service quality and efficiency.

The Payments Officer will also maintain awareness of market conditions and bank products, participate in IT system evaluations, and assist in preparing reports. This position requires a collaborative approach to support colleagues and ensure business continuity during weekends and bank holidays.

Responsibilities of a Payments Officer

As a Payments Officer, you will:

  • Ensure adherence to bank processes and external regulations in all work.
  • Participate in the evaluation and implementation of IT systems and new products.
  • Provide back-up cover for colleagues and business support during non-standard hours.

Improving Efficiency as a Payments Officer

An important aspect of the role of Payments Officer involves identifying and implementing improvements to existing processes, procedures, and systems. This contributes to better service quality and increased process efficiency, which are essential for ila Bank’s operational excellence.

Key Skills for a Payments Officer

To excel in this role, the ideal candidate should possess:

  • Strong clerical and data input skills.
  • Proficiency in reconciliation and data administration.
  • Ability to identify and suggest process improvements.

Furthermore, maintaining an up-to-date awareness of market conditions and bank products is crucial for adopting best practices. Continuous learning and adaptation are key to success as a Payments Officer.

ila Bank offers a dynamic and supportive work environment where employees are encouraged to develop their skills and contribute to the bank’s success. If you are a motivated individual with a passion for banking and finance, we encourage you to apply for the Payments Officer position. Visit Example Banking Site for more information on banking careers.

Learn more about financial regulations at Financial Regulations Website.

This role is integral to the smooth functioning of our payment processing operations.

Check out career advice at Career Advice Website.

The role also involves assisting in the preparation of reports and escalating irregularities to management and other regulating units/parties.

We look forward to receiving your application and welcoming you to the ila Bank team!

Additional Information

Career Level

Entry Level

Qualification

Bachelor's Degree

Job Category

Banking/Finance

Years of Experience

1-2 years

Employee Type

Not Mentioned

Job Category

Banking/Finance

Company Overview

ila Bank is a dynamic and innovative financial institution committed to providing exceptional banking services. We foster a collaborative and supportive work environment where employees can thrive and contribute to the bank’s success.

Additional Information Company

Industry

Banking

Headquarter

Bahrain

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