Administrator At Nedbank

Full Job Description
Position: Administrator – RBB Operations (12-Month Contract)
Location: Nedbank, 135 Rivonia Road, Sandown, Sandton
Closing Date: 23 October 2024
Career Stream: Administration, Transactional Processing, and Production
Leadership Pipeline: Manage Self: Technical
FAIS Affected: No

Job Purpose:
To deliver accurate and high-quality administrative support services to internal and external stakeholders, helping Nedbank achieve its business objectives.

Key Responsibilities:

  • Handle stakeholder requests by capturing and processing administrative tasks in the relevant system.
  • Process vendor invoice payments by entering data into the system.
  • Reconcile supplier invoices and general ledger accounts by comparing them with supporting documents and the Management Information System (MIS).
  • Contribute to revenue growth by driving submitted sales to completion.
  • Create a catalogue of services by allocating costs per product.
  • Ensure cost recovery for services provided by monitoring and maintaining the transfer pricing system.
  • Support cost reduction efforts by using product MIS data in vendor meetings.
  • Track departmental financial performance by comparing actual results to budget variances.
  • Aid in budget creation by applying statistical growth data to financial expenditure forecasts.
  • Reduce financial and reputational risks by ensuring accurate processing.
  • Minimize operational costs by avoiding unnecessary expenditures.
  • Provide timely feedback to stakeholders through reports and MIS.
  • Meet and exceed client expectations by promptly responding to queries and resolving requests within the Service Level Agreement (SLA).
  • Monitor and verify the completion of tasks to ensure process flow is followed.
  • Validate reports, data, and transactions by extracting and checking reports from the system.
  • Verify client information on systems according to Nedbank policies and FICA regulations.
  • Prepare trustee meeting packs and month-end reports for management.
  • Maintain and organize administrative files and legal documents, both electronically and physically.
  • Escalate issues when anomalies or mismatches in accounts are detected by emailing the Team Manager.
  • Stay informed about legislative changes and industry trends by reviewing relevant newsletters and attending training sessions.
  • Demonstrate Nedbank’s values and vision through team interactions.
  • Pursue personal development by identifying training opportunities and career progression with guidance from managers.
  • Ensure all necessary certifications and training are completed within the required timeframes.
  • Share knowledge with team members to ensure accurate information delivery to stakeholders.
  • Support corporate social responsibility initiatives in line with business strategies.
  • Recommend improvements to systems, processes, and policies, and assist with implementation.

Minimum Experience:
1-2 years of administration experience in a banking environment.

Essential Qualifications (NQF Level):
Matric / Grade 12 / National Senior Certificate

Preferred Qualification:
Diploma in Financial Management or Business Administration.

Technical/Professional Knowledge:

  • Administrative procedures and systems
  • Banking knowledge and procedures
  • Business terminology and definitions
  • Data analysis
  • Regulatory knowledge
  • Business writing
  • Product knowledge
  • System knowledge
  • Governance, risk, and control procedures

Behavioral Competencies:

  • Effective Communication
  • Collaboration
  • Customer Focus
  • Initiative
  • Work Standards
  • Time Management

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