Sr. Payments Officer FTS Authorization
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Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
To authorize and control UAEFTS transactions ensuring compliance with regulatory requirements internal controls and risk management standards.
Key Responsibilities
- Perform Checker/Authorizer role for FTS transactions
- Review and approve transactions ensuring accuracy limits and compliance
- Monitor cut-off times and ensure timely authorization
- Handle exceptions escalations and complex transaction issues
- Review and validate FTS reconciliation and settlement positions
- Investigate discrepancies and ensure timely resolution
- Ensure adherence to maker-checker controls and audit requirements
- Participate in UAT testing and system enhancements
- Provide guidance and oversight to Makers.
- Key Responsibilities & Deliverables : Strong practical knowledge of:
- FTS lifecycle (processing clearing settlement)
- Reconciliation & settlement controls
- Risk management and maker-checker principle
- Experience handling NACKs failed transactions and escalations
- Strong understanding of UAE Central Bank regulations
- Experience: 58 years of experience in banking operations / payments
- Experience: 58 years of experience in banking operations / payments
About Company
Star Services LLC was established in 1989 in the booming UAE capital of Abu Dhabi to source highly-qualified and talented professionals capable of leading the nation’s foremost industries. Helmed by its visionary founder Mr. Mohammed Saeed Abdulla Al Qubaisi, the firm has since ... View more
