Funds Transfer Authorizer

4 weeks ago

Muscat, Muscat, Oman Ahli Bank Full time

Role Statement
The Fund Transfer Authorizer is responsible for ensuring the accurate and efficient authorization of all Funds Transfer-related payments, including outward and inward transactions for Corporate, SME, Retail customers, and other departments. The role involves reviewing, verifying, and authorizing domestic payments such as ACH, RTGS, internal, and branch transactions while ensuring compliance with bank policies, procedures, and regulatory guidelines. Additionally, the position plays a key role in risk management, reconciliation, dispute handling, and process improvements to maintain operational excellence.

Key Responsibilities

  1. Payment Authorization & Processing
    • Review and authorize Domestic Payment Transactions (Internal, ACH, RTGS) from all channels (eChannels, Branches/BPM, document-based instructions).
    • Ensure transactions are processed without duplication before end-of-day (EOD) closure.
    • Verify and authorize exceptional transactions after obtaining proper approvals, logging exceptions for audit and compliance tracking.
    • Handle instigations and disputes related to domestic payments, ensuring resolution with accuracy and compliance.
  2. Reconciliation & Operational Control
    • Perform daily reconciliation of suspense and corresponding accounts at a transaction-matching level.
    • Prepare and submit daily/monthly GL balance proof with supporting documentation.
    • Execute transaction reversals or corrective postings based on reconciliation findings.
    • Ensure proper control over payment flow GLs to mitigate financial risks.
  3. Compliance & Risk Management
    • Ensure full adherence to audit requirements, KYC, AML, and regulatory guidelines in transaction authorization.
    • Monitor and cross-check transactions for potential fraud, errors, or compliance risks, reporting any concerns immediately.
    • Obtain necessary approvals before debiting customer accounts with insufficient funds, ensuring strict compliance with bank policies.
  4. Process Improvement & Automation
    • Identify opportunities for improving and automating transaction processes to ensure Straight-Through Processing (STP).
    • Draft business requirements for process enhancements and collaborate with IT teams for system upgrades.
    • Participate in testing and acceptance of IT system changes related to domestic payments (ACH, RTGS, MPCSS).
  5. Stakeholder Communication & Support
    • Respond promptly to internal and external queries, including those from branches, corporate clients, SMEs, and the complaints team.
    • Provide daily updates to the Manager – Fund Transfer, ensuring all pending queries/issues are resolved within the business day.
    • Handle incoming calls professionally, delivering accurate information and quick resolutions.
    • Support other departments and branches by providing expert guidance on domestic payment transactions.
  6. Reporting & Documentation
    • Compile and submit the monthly payment statistics report with accurate data.
    • Maintain transaction logs, compliance records, and audit documentation for transparency and accountability.
    • Undertake additional tasks assigned by the line manager, demonstrating flexibility and a commitment to operational excellence.
  7. Business Control & Governance
    • Ensure adherence to the bank's policies, regulatory requirements, and industry standards in all operational activities.
  8. Process Innovation, Automation & Digitalization
    • Drive continuous process improvement through innovative, automated, and digital solutions.
  9. Self/People Development & Continuous Learning
    • Continually update oneself through knowledge acquisition, on-the-job training, or project involvement; advocate and support others to do the same.

Candidate Specifications

  • Education: Bachelor's Degree with major in Banking Services
  • Experience: Minimum 5 years-experience in Bank transaction processing
    • In-depth understanding of AML/CFT Risk methodology and control analysis
#J-18808-Ljbffr

  • Authorization and Reconciliation Expert

    2 weeks ago

    Muscat, Muscat, Oman Ahli Bank Full time

    Job Role:The Transaction Processing Specialist will be responsible for ensuring the accurate and efficient authorization of all funds transfer-related payments, encompassing outward and inward transactions for corporate, SME, retail customers, and other departments.Responsibilities:Authorization & Reconciliation:Authorize domestic payment transactions...

  • Domestic Payment Authorizer

    2 weeks ago

    Muscat, Muscat, Oman Ahli Bank Full time

    Job Overview:We are seeking an experienced Financial Transaction Operations Manager to join our team. The successful candidate will be responsible for ensuring the accurate and efficient authorization of all funds transfer-related payments.Responsibilities:Authorization & Reconciliation:Authorize domestic payment transactions (internal, ACH, RTGS) from all...

  • Transaction Processing Specialist

    2 weeks ago

    Muscat, Muscat, Oman Ahli Bank Full time

    Job Description:The Domestic Payment Authorizer will play a pivotal role in ensuring the accurate and efficient authorization of all funds transfer-related payments, encompassing outward and inward transactions for corporate, SME, retail customers, and other departments.Key Responsibilities:Payment Authorization & Processing:Review and authorize domestic...

  • VVER-1200 Reactor Analyst

    3 days ago

    Muscat, Muscat, Oman NTU International AS Full time

    Join our team as a VVER-1200 Reactor Analyst and contribute to the EU-funded project "Strengthening Egyptian nuclear safety and radioprotection regulatory infrastructure".You will work closely with the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) to develop a robust nuclear safety framework.Your key responsibilities will include:Performing...

  • Nuclear Safety Expert for EU Project

    3 days ago

    Muscat, Muscat, Oman NTU International AS Full time

    NTU International A/S leads a consortium implementing the EU-funded project "Strengthening Egyptian nuclear safety and radioprotection regulatory infrastructure". We seek experts to support our core team during implementation.The overall objective is to enhance the nuclear safety and radioprotection regulatory infrastructure of the Egyptian Nuclear and...

  • Nuclear Safety Expert

    2 weeks ago

    Muscat, Muscat, Oman NTU International AS Full time

    NTU International A/S is leading a consortium for the implementation of an EU-funded project strengthening Egyptian nuclear safety and radioprotection regulatory infrastructure.The overall objective is to enhance the nuclear safety and radioprotection regulatory framework of the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA).A key expert...

  • financial controller

    4 weeks ago

    Muscat, Muscat, Oman Gulf Air Group Full time

    Manage and control all finance activities of the station that include authorising, (as per the manual of authorities), evaluating and implementing corporate finance decisions in areas covering Revenue, Receivables, Payables, Cash/Banking, Payroll, General Ledger and Taxation.• Plan, organize, direct and control the activities of all sub-ordinates at the...

  • Lecturer Civil Engineering

    4 weeks ago

    Muscat, Muscat, Oman Hawthorn Language Center Full time

    1. To undertake teaching duties in Civil Engineering as appropriate andrelated subjects, at undergraduate level.2. To develop and deliver teaching materials assessment of courses for delivery asrequired.3. Contribute to assessment and examinations including moderation of material,marking, moderation of marking and timely feedback is provided as required...

  • Treasury Manager

    4 weeks ago

    Muscat, Muscat, Oman Oman Air Full time

    Debt Management:Assist in evaluating financing proposals, negotiating contracts, and finalizing details of all types of funded and unfunded credit facilities.Manage the end-to-end financing RFP process, including identifying relevant liquidity pools and groups of lenders and sourcing and evaluating proposals in collaboration with legal, technical, insurance,...

  • Administration Team Leader – HR Shared Services

    4 weeks ago

    Muscat, Muscat, Oman Al Futtaim Group Full time

    Administration Team Leader – HR Shared ServicesAdministration operates in a shared service environment, a central unit providing HR related services to a user base size of 10,000 Employees, Managers & HR Business Partners in Al-Futtaim. We currently have an opportunity for Administration Team Leader, based in Muscat. Reporting to the HR Country Head -...

  • Senior Payments Consultant

    2 weeks ago

    Muscat, Muscat, Oman ProgressSoft Corporation Full time

    The Senior Payments Consultant will oversee PS-PayHub's roadmap alignment, manage business analysis and requirements definition, and provide guidance throughout project execution. The consultant will be responsible for gathering requirements, participate in software design, and ensure solution readiness.ResponsibilitiesReview and maintain PS-PayHub roadmap...

  • Night Supervisor

    4 weeks ago

    Muscat, Muscat, Oman Mandarin Oriental Hotel Group Limited Full time

    Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the most luxurious hotels, resorts, and residences located in prime destinations around the world.Increasingly recognized for creating some of the world's most sought-after properties, the Group provides 21st-century luxury with oriental charm. Above all, Mandarin Oriental is...

  • Bartender

    4 weeks ago

    Muscat, Muscat, Oman Mandarin Oriental Hotel Group Limited Full time

    Mandarin Oriental Hotel GroupMandarin Oriental Hotel Group is the award-winning owner and operator of some of the most luxurious hotels, resorts and residences located in prime destinations around the world.Increasingly recognized for creating some of the world's most sought-after properties, the Group provides 21st century luxury with oriental charm. Above...

  • Lead Civil Engineer

    4 weeks ago

    Muscat, Muscat, Oman 坯潤 Full time

    Job DescriptionRemarkable people, trusted by clients to design and advance the worldResponsibilitiesWood is recruiting for a Lead Civil Engineer to join its Projects team focusing on delivering across FEED and Detail design scopes of work. In this role, you will be responsible for:Definition and approval of technical scopes.Executing assigned scopes of...

  • Economic Diversification Investment Manager

    2 weeks ago

    Muscat, Muscat, Oman Oman Investment Authority Full time

    Job DescriptionThe Senior Associate – Economic Diversification Investments role is a key position at the Oman Investment Authority, playing a crucial part in our mission to drive economic growth and diversification.We are seeking an experienced professional to contribute to the deal sourcing of investments in companies operating in the Industrials sector....

  • Electrical Discipline Lead

    2 weeks ago

    Muscat, Muscat, Oman 坯潤 Full time

    Remarkable people, trusted by clients to design and advance the worldWood is recruiting for an electrical discipline lead to join its projects team focusing on delivering across FEED and detail design scopes of work. In this role, you will be responsible for:Definition and approval of technical scopes.Executing assigned scopes of work.Providing technical...

  • Back-End Developer

    3 weeks ago

    Muscat, Muscat, Oman Byanat Full time

    We are building a revolutionary unified AI observability platform that integrates real-time data from mobile networks and datacenters. Our solution leverages advanced Gen AI and LLM capabilities to deliver actionable insights via dynamic dashboards and minimal-click workflows. Join our innovative team and help shape the future of telecom network management...

  • Lead Civil Engineer

    4 weeks ago

    Muscat, Muscat, Oman 坯潤 Full time

    Job DescriptionWood is recruiting for a Lead Civil Engineer to join its Projects team focusing on delivering across FEED and Detail design scopes of work. In this role, you will be responsible for:Definition and approval of technical scopes.Executing assigned scopes of work.Providing technical expertise to the business.Contributing to business growth.May...