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Job Description
We are seeking a full-time Deposit Administrator for our Lagos office. The successful candidate will be responsible for verifying and processing customer deposits, maintaining accurate records of all transactions, and assisting customers with deposit-related issues. This is a hybrid role with the flexibility to work remotely.
Responsibilities
- Management of all correspondence with customers
- Monitor dedicated bank accounts on a daily basis for inflows from customers
- Ensure customer files are created on Mambu for accurate capture of deposits
- Liaise with the Liability Generation team to obtain relevant parameters for new deposit inflows
- Compare parameters with the existing deposit pricing grid for consistency. Document and file exceptional approvals for deposits obtained outside the pricing grid
- Update deposit schedule with relevant parameters – principal, deposit type, tenor, rate, value date and maturity date
- Follow up with customer deposit maturity notifications with the relevant relationship
officers
- Implementing customer’s liquidation instructions.
- Ensure all related reconciling items in the dedicated deposit bank statements
are cleared at the close of business every day
- Perform a daily reconciliation between current and previous day schedules.
- Perform a comparison between the accrued interest balance on Excel Schedule and Mambu on a daily basis.
- Perform a daily reconciliation between the deposit schedule and GL on a daily basis,
all differences must be cleared
- Prepare deposit report for ALCO reporting on a weekly basis
- Take an active part in providing insights and suggestions on trends in the deposit balance
- Other duties as advised by the Supervisor
Qualification
- Education: B.Sc. degree from an accredited university in business, economics, finance, or another field with major analytical skills.
The successful candidate will perform his or her function through:
- Integrity – Be honest, consistent and transparent
- Clients – The Centre of what we do
- Accountability – Take responsible action
- Respect – Embracing diversity
- Innovation – Find better ways
- Confidentiality – Must keep all information discreet
Personal Attributes
- Must be self-motivated and demonstrate a sense of ownership
- Must have a metrics-driven and reconciling mindset
- Must have excellent execution skills
- Must demonstrate exceptional analytical and quantitative skills
- Must be able to manage time, prioritize tasks, and work under pressure.
- Must have excellent communication skills (both verbal and written)
Location: Lagos State, Nigeria.
Apply: DEPOSIT ADMINISTRATOR
