Bank Account Administrator (2420-BAA)

Our client in the financial services is seeking to recruit a Bank Account Administrator.

Responsibilities

• Receive Account Opening Requisition form containing requests for opening new bank accounts.
• Liaise with bank in relevant jurisdiction to ascertain bank account opening process and obtain bank account opening forms.
• Prepare bank account opening board resolutions.
• Obtain signatures and KYC on all signatories appointed to bank accounts.
• Complete and obtain signatures on specimen signature card, where applicable.
• Provide all statutory KYC information on company opening account and bank signatories to bank.
• Once all the account opening documentation and KYCs are submitted to the Bank, follow up on progress with both the Bank and Authorised signatories on access provided.
• Once the bank account is duly set-up and all the authorised signatories have confirmed their access, confirm to the finance and operations teams.
• Update bank schedule with bank account and signatories.

Changing/Adding/Deleting Bank Signatory:

• Any new additions requested – obtain approval from Group CFO and CFO of that silo.
• Draft a letter for the change to be signed by any two directors one being an executive and non-executive or both be any two executive directors.
• Scan the letter with KYC documents when adding.
• Save email/s sent to bank and company relationship managers notifying of the changes in signatories on the letters sent to bank folder.
• Email to bank the scanned copy and send the originals by courier.
• Update bank schedule with current approved signatories.

Deletions of Signatory

• Prepare letter to bank signed by two directors.
• Update bank schedule with updated signatories.

Maintenance of Authorised Signatories Access:

• Liaison with banks, finance and group re-bank accounts.
• Provide any assistance in terms of account details as requested by the bank or the authorised signatories.
• Respond to group requests regarding bank account information.
• Maintain signatory KYC.

Authorised Signatory – Weekly Planning:

• Collate availability of signatory for certain periods such as holiday times, update roaster to circulate through to the operations teams.
• Arrange for any ad-hoc in change of signatory schedule during the week.

Board of Directors reporting:

• Update bank account schedule reflecting all company accounts and signatories for reporting to the board, and management.
• Report to reflect all changes done. E.g. deletions, additions, new bank account/s.

Profiles:

• BSC or studying towards ICSA.
• At least 2 to 3 years’ working experience in a similar environment.
• Good communication skills - English writings.
• Well organised.
• Persuasive.