Thu. Dec 1st, 2022

United Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria UBA has grown to become a pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.

We are recruiting to fill the position below:



Job Title: Funds Transfer Officer

Location: Nigeria
Employment Type: Full-time

About the Job

  • We are in search of individuals/talents who are Enterprising, Excellence driven and can Execute business goals within the UBA Group; if you believe you exude these attributes, this position may interest you

Roles & Responsibilities

  • Receipt of Instructions from Clients via SWIFT/E-mail/hard copy.
  • Acknowledge receipt of instruction to Client via email
  • Review clients instructions for authenticity and Signature verification
  • Check clients cash custody account to confirm that account is adequately funded for the transfer.
  • Notify client if account is not funded and follow through with reminder mails.
  • Execution of Transfer instruction via the available platform i.e. U Direct corporate/ RTGS /NEFT/NIP/NIBBS etc.
  • Follow up on the status of all transaction treated to ensure that they are all successful.
  • Re-initiate unsuccessful transactions.
  • Check client’s cash custody account to ensure that the account is adequately funded for the cheque issuance.
  • Instruction is sent to UBA branch to issue Cheque.
  • Follow up on all Cheque Issuance to the point of execution.
  • Cheque is recorded in a cheque register before it is given to the Client.
  • The Client signs for the cheque before it is released.
  • Attend to all Cheque related enquiries from clients.
  • Update client of status i.e. successful. If unsuccessful, give reason.
  • Attend to all transfer related enquiries from clients.
  • Daily call over of all transactions treated and submit call over report to Head Custody Ops for sign off.
  • Request for daily NEFT/NIP reports from the respective units.
  • Maintain a proper record of all transactions.
  • All trade tickets to be submitted to Internal control for review and
  • Receipt of Instructions from Clients via SWIFT/E-mail/hard copy.
  • Review clients’ instructions for authenticity and Signature verification
  • Daily call over of all cheques issued.
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Other Functions

  • Review all treasury bills, FGN /Corporate/State Bonds, Commercial paper and fixed deposits (placements) handled by the Settlement Desk to ensure that the instructions are treated before the cut-off time. The amount, tenor, rate, counterparty etc are correct and in line with the instructions received from the Client.
  • Client should be duly informed within 2 hours and the steps to be taken to rectify the error.
  • Inform client immediately the error has been corrected.
  • Any error should be reported to the settlement Team and Head Custody Operations immediately for prompt resolution.

General Enquiries:

  • Attend to all client enquiries and Queries relating to funds transfer.
  • Any other duties that may be assigned

Job Requirements

  • Education: Minimum education level: Good Degree/other related fields
  • Experience: Minimum experience: Three(1) Year.



How to Apply
Interested and qualified candidates should:
Click here to apply

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  • we are an equal opportunity employer and is committed to building a diverse workforce. While all applications will be acknowledged.
    • We reserves the right to select one or more candidates from this vacancy announcement
    • We may also retain applications and consider candidates applying to this post for other similar positions at the same grade level and with similar job description, experience and educational requirements
    • Qualified female candidates are strongly encouraged to apply
    • Scam Warning:
    We do not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.
    • Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced.
    • Therefore, you are advised to apply particular care when submitting personal information on the web
    • Only shortlisted candidates will be invited for interview or the next stage of the recruitment process.
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