The Clearing Operations Section provides clearing and settlement services to commercial banks, Government Ministries, Departments and Agencies. The Section also manages the operations of the Automated Clearing House.

Technical and Operational Responsibilities
1. Contribute to the smooth operations of the Clearing Section.
2. Comply with KBA Standards and Regulations.
3. Input/approve Clearing Voucher/Return codes.
4. Input/ approve Bank and Branches codes.
5. Download inward payments from the Automated Clearing House.
6. Upload outward payments to the Automated Clearing House.
7. Process Outward cheques, Inward cheques, and cheque verification.
8. Process Outward EFTs (unpaid EFT credits), and Inward EFTs Credits.
9. Process Domestic Foreign Currency Cheque Clearing (DFCCC).
10. Input Banks’ DFCC Guarantees.
11. Facilitate the processing of non-CTS compliant cheques.
12. Operate MICR cheque readers system.
13. Monitor settlement of Payment Switch Operators (PSOs) net settlements instruction (NSI) files in KEPSS. (Kenswitch Ltd, Integrated Payment Services Ltd {IPSL} and Interswitch Kenya Ltd.)
14. Support Branches clearing operations.
15. Diligently approve a variety of Clearing Section transactions.
16. Ensure compliance with operational, security and control policies/ procedures, preventing fraud and loss to the Bank.
17. Process clearing files in the ACH system to distribute them to the respective clearing centers.
18. Maintain the Bank and Branch codes in the ACH system as advised by the KBA.
19. Maintain Direct Debit codes in the ACH system as advised by KBA.
20. Create Bank Admins and provide passwords for accessing the ACH system on receipt of request forms.
21. Unlock/reset Commercial Bank Admin passwords on receipt of request forms.
22. Lock the passwords of Bank Admins who have ceased to be Banks’ clearing staff.
23. Any other roles as may be assigned by the supervisor.
24. Audit designated cashier as per schedule by the chief Cashier.

1. Bachelor’s degree in economics, Banking, Accounting, Finance, Business Administration, Mathematics, Computer Science, or related field of study.
2. Professional qualification in Banking, Accounting, Finance, Risk Management, or related field of study is an added advantage.

At least two (2) years’ experience in Payments and Operations, Financial Services, Economics, Accounting, or similar operations.

Technical Competencies
Knowledge and Experience:
1. Knowledge of Banking laws and regulations.
2. Knowledge of Banking operations.
3. Accounting and financial management skills.
4. Computer proficiency and knowledge of banking systems e.g. core T24 Risk Management.
5. Customer care skills.
Behavioural/ General Competencies
1. Planning and organization - Ability to organize work, set priorities, and determine resource requirements; determine short or long-term goals and strategies to achieve them; coordinate with other stakeholders or part of the organization to accomplish goals.
2. Quality orientation - Ability to check work to ensure accuracy. Adopt a disciplined approach to work and drive for closure, results and success.
3. Communication and information sharing -Ability to express information clearly and succinctly, orally and in writing, considering the audience and the nature of the information.
4. Professionalism, work ethic and integrity - Ability to convey a high level of excellence and competence on delivery of duty.
5. Collaboration and teamwork - Ability to work collaboratively within a group of people to achieve a common goal.
6. Accountability and professional development – Ability to take and accept responsibility and outcome thereof in an open and transparent manner.
7. Customer focus - Ability to demonstrate concern for the expectations of customers and prioritize them as well as convey realistic expectations to both internal and external customers.
8. Resilience - Ability to withstand operational challenges and maintain momentum.
9. Decision making - the ability to make better decisions, as defined by decision-making principles posited by models of rational choice.
10. Building consensus and influencing
11. Emotional Intelligence -manages emotions in a mature and composed manner as expected of staff.

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