Job Information Validation Assistant (Contract) Company Information
Contact Name
Contact Email
Job Information
Job Type Contract
Department Sagicor Bank Jamaica Ltd.
Category Banking/Finance
Posted 17-02-2024
Job Status
Start Publishing 17-02-2024
Stop Publishing 24-02-2024
[Kingston,Jamaica ]
"Looking for a diverse and rewarding career? If you're looking to grow your career within a stable and growing financial services company, then Sagicor may be right for you!"
Sagicor Bank Jamaica Limited is seeking a suitable candidate to join our Centralized Business Support team in the capacity of: Validation Assistant (Contract)
Location: Kingston
As a Validation Assistant, you will:
  • Perform the verification of all cheques and vouchers in accordance with the bank’s internal procedures, the clearing house rules and established Service Level Agreements (SLAs).
  • Verify the receipt of Inward Clearing items by keying and balancing the batches from the Matching Process to identify missing and free items.
  • Prepare Missing Items Log for cheques not received and dispatch to the Supervisor of the Unit.
  • Record and investigate Free Items received and submit findings to the Supervisor of the Unit.
  • Verify Inward Clearing cheques for defects against the Jamaica Clearing Bankers Clearinghouse Rules.
  • Check Inward Clearing cheques below a stipulated sum for crossing stamp and signatures.
  • Prepare Material defects reports for all items and submit to the Transfers Local Unit.
  • Remove rejected items from the day’s work and submit to Supervisors daily.
  • Prepare Five Hundred Thousand Dollars and over reports and email to branches and follow-up on responses.
  • Collect cheques in dual custody from the Clearings Unit.
  • Sort and distribute cheques and advice.
  • Interfile items rejected from the Proof Machine; sort and prepare items for filing.
  • Pull and examine the relevant cheques indicated on the referral sheets immediately upon receipt.
  • Scrutinize to ensure that the Branch Manager/ Credit Officer signs the referral sheets and all amendments.
  • Submit referral sheets and cheques to Supervisor.
  • Compare signatures on cheques with that on signature cards for authenticity for items of value of One Hundred and
  • Thirty Thousand Dollars and over ensuring that they are executed as per mandates.
  • File all paid cheques behind their respective signature cards.
  • Advise Supervisor immediately of suspected forgeries.
  • Prepare material defects reports.
  • Remove closed and dormant account cards from active file and place in a separate cabinet.
  • Maintain correspondence file with amended signing instructions from Branches.
  • Perform other related duties assigned from time to time.
What do you need?
  • Diploma/ Associate Degree in Banking & Finance, Management Studies or a relevant discipline or an equivalent qualification from a recognized tertiary institution.
  • Minimum of two (2) years’ working experience in the Bank Operations Department of a Commercial Banking entity.
  • Knowledge of Microsoft Office Suite of Applications.
  • Knowledge of Securities processing would be an asset.
  • Knowledge of Proceeds of Crime Act (POCA).
  • Knowledge of the Bank’s Policies and Procedures.
  • Knowledge of the Jamaica Clearing Bankers Association Clearinghouse Rules.
  • High degree of accuracy and detail oriented.
  • Strong team orientation – cooperation, adaptability, proactive, initiative.
  • Proficient in RTGS, ACH, T24 and SWIFT applications.
If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than February 23, 2024
While we appreciate all applications, only shortlisted candidates will be contacted.
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