Officer - BACH Operation (JO-SO)

Job Description

Title: Officer - BACH Operation (JO-SO)

Company Name: SHIMANTO BANK PLC

Vacancy: --

Age: 25 to 35 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• 2 to 6 years
• The applicants should have experience in the following business area(s): Banks

• Minimum Graduation in any discipline from any reputed university (preferably business-related discipline)

• 3rd division or 3rd class in any exam are discouraged from applying

• 2 to 6 years
• The applicants should have experience in the following business area(s): Banks

• Age 25 to 35 years

• Must have hands-on experience in banking operational areas, particularly with BACH and BEFTN processing.

• Strong understanding of banking process guidelines, regulatory requirements (especially Bangladesh Bank timelines), and internal controls (DOA, DCFCL, SLA).

• A proactive attitude towards problem resolution and the ability to find innovative solutions.

• Capacity to work effectively under pressure, manage high work volumes, and work with limited resources.

• Strong initiative and a personal drive to achieve set business targets and uphold service standards.

• Manage the end-to-end processing of all BACH and BEFTN transactions, which includes outward and inward clearing, returns, and debit/credit transfers.

• Ensure the timely settlement of all BACH and EFTN transactions as per Bangladesh Bank (BB) reports, including reconciliation of outward physical instruments against processing reports.

• Process all BACPS instruments and EFTN documents received from branches within the defined Service Level Agreement (SLA).

• Ensure all financial entries are processed correctly and that outward/inward instruments are properly maintained in the Centralised Processing System (CPS) and integrated with the Core Banking System (CBS).

• Handle adjustments for insufficient fund returns and manage BACH service charges, waivers, and list preparations as per Bangladesh Bank directives.

• Ensure strict adherence to all internal and regulatory compliance standards by proactively monitoring and resolving audit issues to prevent non-recurrence.

• Supply accurate data for Management Information Systems (MIS). Maintain proper MIS for all BACH, BEFTN, and BACPS activities. Manage the archiving of all clearing instruments.

• Perform any other relevant assignments provided by the Senior Management of the Operations Division.

• Negotiable

• Other benefits are as per the Bank`s Human Resources Policy