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Client Administrator

About the job

Responsibilities:

  • Responsible for incorporation and administration of a portfolio of domestics clients
  • Incorporation and administration of domestic companies
  • Opening of accounts with institutions such as banks, brokers, and custodians and monitoring of the accounts.
  • Drafting of relevant resolutions according to the nature of the transactions as per the Companies Act 2001 and prevailing laws;
  • Filing of prescribed forms to the Registrar of Companies notifying any changes in the statutory records;
  • Updating of statutory records;
  • Vetting of due diligence documents during the establishment of a business relationship with client before proceeding with incorporation of companies and subsequently to any changes in office bearers and beneficial owners;
  • Assisting clients in respect of general enquiries relating to their companies;
  • Liaising and following up with Authorities such as ROC and MRA;
  • Ensuring customer satisfaction;
  • Responding to clients’ enquiries, under supervision where required, whether by telephone or in writing in a timely and courteous manner;
  • Issue and handling of invoices, follow up on debtors;
  • Processing bank transactions
  • Preparation of payroll
  • Prepare and file Annual returns, PAYE return, TDS returns, VAT returns, within statutory due dates;
  • Bookkeeping and preparation of management accounts and final accounts for Domestic Companies

Qualification & Skills Required:

•Degree in Management, Accounting, Law and Finance or other related qualifications

•Excellent interpersonal and organizational skills;

•Ability to work in a fast-paced environment

•Ability to solve problems and work independently and as a member of a team

•Quick learning ability to new systems and operational procedures

•Have a methodical approach with attention to detail, be able to quickly assess and act on changing priorities

•Capability to multi-task and work under tight deadlines.

•Proactive and flexible with a client-oriented attitude.

Compliance Officer/MLRO

About the job

We are seeking a highly skilled and experienced Compliance Officer to join our team at Crowe SG in Ebene.

Key Responsibilities:

• Act as MLRO/CO and carry out duties as per local regulatory requirements, including conducting oversight of compliance monitoring program and preparing periodic report to Board of client entities.

• Conduct testing and file reviews (including CDD review) based on risk assessment.

• Design, review & update compliance reports

• Conduct and assist in onboarding and ongoing screening and transaction monitoring.

• Assist in design, drafting an implementation of AML/CFT policies and procedures for client entities.

• Assist in delivery/preparation of AML/CFT training.

• Monitor developments in local regulatory landscape and suggest implementation plans.

• Reply to queries within agreed timeframe & deadlines.

• Liaise with local authorities such as FSC, FIU etc and maintain good rapport.

• Assist Operations team on risk assessments, AML/CFT queries and provide guidance to them.

• Take on ad hoc assignments and complete within agreed timeframe.

• Any other task as may be assigned by management.

Qualification & Skills Required:

• A degree and/or professional qualification in finance and/or legal or other relevant qualification.

• Good knowledge of applicable laws and regulations for the Global Business with at least 5 years of relevant experience.

• Satisfies competency standards of FSC to act as MLRO.

• Expert knowledge of AML/CFT issues with appropriate references.

• Experience in designing Compliance Monitoring Plans and conducting assurance testing of AML/CFT controls.

• Ability to work under pressure and deliver within agreed deadlines.

• Already acting as an officer approved by the Financial Services Commission will be an advantage.

 

Cowe SG reserves the right:

To call only the shortlisted candidates for interview

Not to make any appointment following this advertisement nor to assign any reason whatsoever for accepting or rejecting any candidate

Reporting Specialist – Finance (Business Finance)(Job Number: 25000019)

Description

Title: Reporting Specialist – Finance (Business Finance)
Reports to: Senior Team Leader – Finance
Department: Finance
Closing Date: 28 February 2025

 

Job Summary:

The Reporting Specialist – Finance (Business Finance) will be primarily responsible for the preparation, review and submission of reporting by business houses.

 

Key Responsibilities:

•    Assist in the preparation of reports for the CEO and EXCO members. 
•    Prepare and validate financial and management data for key stakeholder reporting purposes.
•    Perform various analysis to track business performance and act as a business partner to assist in meeting strategic objectives.
•    Support key governance forums by providing relevant reports, analysis, and administrative documentation.
•    Support recommendations and requirements for improvements in management reporting.
•    Contribute to the design, development, delivery, maintenance, and communication of performance reporting.
•    Support key governance forums by providing relevant reporting, analysis, and administrative matters.
•    Actively participate in the budgetary process, control, and forecasting exercises.
•    Respond to regular and ad-hoc data and report requests from key finance and non-finance stakeholders.
•    Assist in ad-hoc assignments and projects.
•    Ensure control processes are in place to maintain data integrity.
•    Liaise with internal and external auditors as required.
•    Ensure internal policies are amended on a timely basis.
•    Ensure proper filing and archiving of documents in respect of responsibilities.
•    Perform any cognate duties as may be assigned to you from time to time by the Bank.

 

Qualifications

Requirements:

•    Degree holder in finance, banking, accounting or equivalent.
•    At least 5 years of relevant working experience, preferably in the financial services sector.
•    Reliable, accountable and work according to strategies.
•    Communication.
•    Interpersonal Skills.
•    Analytical and numerical skills.
•    Focus on Achievement.
•    Teamwork 
•    Good organizational, and problem-solving skills.

 

Disclaimer: AfrAsia Bank Limited reserves the right to call only the short-listed candidates for an interview or not to make any appointment as a result of the advertisement or to recruit following this advertisement.

Senior Internal Auditor – IT (Job Number: 2500001D)

Description

Position: Senior Internal Auditor – IT
Department: Internal Audit
Reports to: Senior Manager IT Internal Audit
Closing Date: 28 February 2025
 

Job Summary

The primary role of the job holder is responsible for performing, planning and execution of the assigned operational audits and special assignments in accordance with the department plans and programs that are primarily directed to an appraisal of the adequacy, effectiveness and efficiency of internal systems of control established by the Board in order to safeguard the interests of the Bank.

 Key Responsibilities

•    Define and implement risks-based audit work programs which cover all IT significant risk areas.
•    Conduct risk assessments, identify controls and perform audit procedures to verify that controls are operating as intended.
•    Prepare, review and submit audit reports to the Senior Manager IT Internal Audit and the Head of Internal Audit for areas audited, ensuring that they provide an accurate picture of findings.
•    Assist the Senior Manager IT Internal Audit in preparing reports which summarise status of audit assignments, key issues and recommendations, risk advisory work, implementation status of audit recommendations, etc. for submission to the Audit Committee.
•    Apply systematically established Internal Audit Procedures (in line with ISACA and IIA standards) while conducting assignments.
•    Has a positive approach to innovation and change, adapting and promoting new ways of working.
•    Builds solid trust-based relationships proactively providing reassurance and support to colleagues, customers and other stakeholders.

 

Qualification

Requirements

•    Degree in Information Technology, Computer Science or equivalent.
•    Professional IT audit certification such as CISA and/or any other acceptable qualification.
•    Minimum of 5 years working experience in IT audit, ICT and/or IT Risk Management preferably in the financial services sector.
•    Knowledge of local regulations and guidelines.
•    Proficient knowledge of operating systems, databases, networks, software applications, IT security standards & protocols, risk management, and compliance.
•    Teamwork , analytical thinking and accountability.

Disclaimer: AfrAsia Bank Limited reserves the right to call only the short-listed candidates for an interview or not to make any appointment as a result of the advertisement or to recruit following this advertisement.

Manager – Finance( Job Number: 2500001A)

Description

Position: Manager – Finance

Reports to: Senior Manager – Finance

Department: Finance

Closing date: 28 February 2025

Job Summary:

The job holder will be primarily responsible for driving strategic business partnering across different business lines, overseeing Funds Transfer Pricing (FTP) and ensuring accurate and insightful reporting to stakeholders.

Key Responsibilities:

Business Partnering:
•    Collaborate with the head of business lines to understand their strategic goals, operational challenges and financial needs;
•    Participate with the head of business lines in the budget exercise; 
•    Provide data-driven insights, financial analysis to support decision-making and improve business performance;
•    Act as a bridge between business lines and finance to ensure alignment of financial strategies with business objectives; and
•    Influence business strategy by delivering financial perspectives and identifying opportunities for revenue growth.
Business Line Reporting:
•    Manage the preparation, review, and delivery of financial and performance reports for individual business lines;
•    Monitor Key Performance Indicators (KPIs) and financial metrics to identify trends, variances and opportunities for improvements; and
•    Lead continuous improvements in business line reporting processes, ensuring timely and insightful reporting that supports strategic decision-making.

 

FTP:

•    Oversee the design, implementation and maintenance of the FTP framework to ensure proper allocation of income and expenses;
•    Monitor FTP methodology to ensure it reflects accurate cost of funds across business lines and supports strategic pricing decisions;
•    Analyze FTP results to ensure transparency and fair allocation of costs and revenues between business lines;
•    Work closely with Asset and Liability Management (ALM) and Treasury teams to assess FTP impacts on product profitability and overall business performance; and
•    Provide to ALCO with pertinent reporting to assist in decision-making.

 

BI Analytics & Optimisation:

•    Lead efforts to leverage BI tools and analytics for data-driven decision-making;
•    Identify areas for operational improvement through data analysis and develop strategies for optimizing business performance;
•    Collaborate with IT and data teams to enhance data infrastructure and reporting capabilities; and
•    Use advanced analytics to forecast trends, assess business risks, and support strategic initiatives.

 

Qualifications

Requirements:

•    Bachelor’s degree in Finance, Economics, Business, or related field;
•    Professional qualifications such as ACCA, ACA or CFA will be an advantage;
•    At least 8 years of working experience in the banking sector;
•    Proven experience in business partnering and working with cross-functional teams;
•    Strong at using Microsoft office tools;
•    Advanced knowledge of BI tools and analytics platforms;
•    Ability to interpret complex financial data and translate it into actionable insights;
•    Analytical mindset with a focus on optimization and performance improvement;
•    Good time management, organisational and problem-solving skills;
•    Excellent communication and interpersonal skills (both oral & written); and
•    Be self-motivated to work independently under pressure and to work effectively within a team and manage priorities.

Disclaimer: AfrAsia Bank Limited reserves the right to call only the short-listed candidates for an interview or not to make any appointment as a result of the advertisement or to recruit following this advertisement.

Team Leader – Finance (ALM)( Job Number: 25000017)

Description

Reports to: Manager – Finance
Position: Team Leader – Finance (ALM)
Department: Finance
Closing date: 28 February 2025

Job Summary:

The incumbent will report, analyse and monitor the non-traded risk exposures, liquidity, capital and FTP embedded in the bank’s balance sheet and assist the Manager in driving ALM, FTP  and related initiatives. 

Key Responsibilities:

•    Review periodic and ad-hoc reports and updates with respect to the ALCO pack.
•    Assist in the implementation of ALCO decisions by participating in joint workshops with business units and control functions of the Bank.
•    Assist in the provision of, and submit for review, variance and driver analysis of key ALM metrics and measures to support management decision-making processes.
•    Prepare pre and post-impact analysis reports of key balance sheet metrics at request of manager with respect to proposed or validated positioning, immunization  and optimization strategies as per the risk appetite of the Bank.
•    Conduct testing, perform maintenance and periodic updates of customer behaviours parameters as supported by data insights for ALM purposes.  
•    Monitor on a periodic basis unfolding of potential vulnerabilities in behavioural assumptions that could impact financial and data models underpinning product tenor costing and rewards.
•    Run ALM dashboard on a periodic basis, investigate material variances including those related to system rejects or new General Ledger codes creation.
•    Run ad-hoc and periodic simulation and what-if processes within the ALM system and extract reports for further analysis and monitoring.
•    Ensure alignment of ALM internal reports with external BoM reports and investigate material variances.
•    Assist the manager in driving  FTP input into budgeting and planning process and analyse planned funding and business developments and its impact on balance sheet posts and indicators.
•    Run statistical reports on exposure management.
•    Assist the manager in the development, implementation and maintenance of the Bank’s Funds Transfer Pricing  (FTP) framework to make sure interest rate, liquidity and funding risks are adequately recognised in business performance measures and product pricing.
•    Respond to operational queries on FTP related matters as per scope of duties.
•    Prepare on a periodic basis, or following amendment to the FTP framework, relevant reports to substantiate results to the business line leaders and other related stakeholders.
•    Ensure discrepancies in yield curves are promptly notified to the manager, investigated and resolved with the collaboration of other market data operators within the Bank.
•    Discuss impact on operations with manager and assist in the implementation of changes in response to guidelines issued by regulatory authorities as well as with regards to adherence to internal bank’s frameworks.
•    Comply with all internal policies and external regulations as per set governance process.
•    Compile data extracts and preliminary reports and discuss with ALM Manager so as to properly address queries from internal/regulatory/ external auditors.
•    Promptly report any irregularities arising in the cluster to the attention of the manager in line with Bank procedures and regulatory guidelines, and take appropriate measures for prompt resolution.
•    Participate in ALM, FTP and treasury-related  system implementation and upgrade, report specifications design and testing alongside Technology to enhance ALM and related monitoring and  ensure computation and reporting of relevant metrics remain accurate and consistent across respective systems.
•    Perform regression testing for existing reports, test new reports as part of Bankwide, Finance or other stakeholder-led project upgrades or implementation initiatives with potential impact on ALM and FTP processes.
•    Perform reporting and other validated FTP and ALM changes in relation to the impact of new product proposals.
•    Prepare reports and preliminary analysis to support governance forums and implement decisions related to administrative matters.
•    Ensure proper filing and archiving of documents in respect of responsibilities allocated.

 

Qualifications

Requirements:

•    A Degree in Finance/Accounting/Banking or a Professional Finance qualification.
•    At least 5 years of relevant working experience, preferably in the banking sector.
•    Experience of balance sheet management covering FTP, ALM or treasury management.
•    Strong analytical and numerical skills, including solid knowledge of MS Excel, and Business Intelligence tools.
•    Good time management, organisational and problem-solving skills.
•    Be self-motivated to work independently under pressure and to work effectively within a team and manage priorities.
•    Effective communication (both verbal and written) and interpersonal skills, and maintaining good working relationships with a diverse variety of stakeholders.
•    Adaptable to a dynamic environment and able to deliver consistent performance.

Disclaimer: AfrAsia Bank Limited reserves the right to call only the short-listed candidates for an interview or not to make any appointment as a result of the advertisement or to recruit following this advertisement.

Product Control Specialist( Job Number: 2500001E)

Description

Position: Product Control Specialist

Department: Finance

Reports to: Manager Product Control – Finance or Senior Manager – Finance

Closing Date: 28 February 2025

 

Job Summary

The role holder will be primarily responsible to assist in providing complete, accurate and timely P&L, Balance Sheets and analysis for the treasury portfolio. 

 

Key Responsibilities

  • Assist in the setting up of the Treasury product control function.
  • Prepare daily, weekly and monthly analysis report to senior management.
  • Perform Treasury P&L analytics and provide P&L explanation and commentary to senior management.
  • Ensure that the relevant Treasury P&L and Balance sheet positions are correctly reported on a daily/weekly/monthly basis and that the applicable reconciliations are completed and all issues identified/resolved;
  • Perform month end close process.
  • Provide commentary on financial statement variance on monthly, quarterly and yearly basis;
  • Assist in maintaining and managing key control processes to improve process efficiency and accuracy;
  • Participate in strategic systems design, testing and implementations;
  • Perform full analysis of the general ledger and ensure mapping tables on sub-systems are updated on a timely basis;
  • Ensure that applicable accounting standards are adhered to regarding Treasury Profit & Loss and Balance Sheet reporting;
  • Ensure that the Bank’s policies are adhered to at all times and are kept fully up to date with any changes in the business requirements;
  • Interact with internal and external auditors;
  • Coordinate the completion and delivery of tasks allocated to the team within set timeframe.
  • Assist in reviewing proposed contracts and other potential transactions and advice finance and management of the accounting implications;
  • Ensure proper filing and archiving of documents in respect of responsibilities allocated;
  • Perform any cognate duties as may be assigned to you from time to time by the Bank.

 

Qualifications

Key Requirements

  • A degree in Banking and Finance or equivalent;
  • At least 5 years’ experience in financial reporting and accounting preferably in the Banking Sector;
  • Robust knowledge of treasury products and Risk analytical skills.
  • Strong at using Microsoft office and Power BI tools;
  • Excellent communication and interpersonal skills (both oral & written);
  • Time management and organisational skills;
  • Ability to work diligently to meet targets; and
  • Able to work closely with other team members and senior employees.

Disclaimer: AfrAsia Bank Limited reserves the right to call only the short-listed candidates for an interview or not to make any appointment as a result of the advertisement or to recruit following this advertisement.

Senior Team Leader – Treasury Product Control( Job Number: 25000018)

Description

Position: Senior Team Leader – Treasury Product Control
Department: Finance
Reports to: Manager Treasury Product Control – Finance or Senior Manager – Finance
Closing Date: 28 February 2025

 

Job Summary

The role holder will be primarily responsible to assist in providing complete, accurate and timely P&L, Balance Sheets and analysis for the treasury portfolio. 

Key Responsibilities

•    Assist in the setting up of the product control function.
•    Perform Treasury P&L analytics and provide P&L explanation and commentary to senior                 management.
•    Ensure that the relevant Treasury P&L and Balance sheet positions are correctly reported on a daily/weekly/monthly basis and that the applicable reconciliations are completed and all issues identified/resolved.
•    Perform month end close process.
•    Assist in monthly management account, Interim Financial statement and Annual Report preparation.
•    Provide commentary on financial statement variance on monthly, quarterly and yearly basis.
•    Assist in maintaining and managing key control processes to improve process efficiency and accuracy.
•    Participate in strategic systems design, testing and implementations.
•    Perform full analysis of the general ledger and ensure mapping tables on sub-systems are updated on a timely basis.
•    Ensure that applicable accounting standards are adhered to regarding Treasury Profit & Loss and Balance Sheet reporting.
•    Ensure that the Bank’s policies are adhered to at all times and are kept fully up to date with any changes in the business requirements.
•    Interact with internal and external auditors.
•    Coordinate the completion and delivery of tasks allocated to the team within set timeframe.
•    Assist in reviewing proposed contracts and other potential transactions and advice finance and management of the accounting implications.
•    Ensure proper filing and archiving of documents in respect of responsibilities allocated.
•    Perform any cognate duties as may be assigned to you from time to time by the Bank.

 

Qualifications

Requirements

•    ACCA fully qualified or equivalent.
•    At least 7 years’ experience in financial reporting and accounting, preferably in the banking sector.
•    Good knowledge of treasury products.
•    Strong proficiency in using Microsoft Office and Power BI tools.
•    Excellent communication and interpersonal skills (both oral and written).
•    Good analytical skills.
•    Time management and organizational skills.
•    Ability to work diligently to meet targets.
•    Able to work closely with other team members and senior employees.

Disclaimer: AfrAsia Bank Limited reserves the right to call only the short-listed candidates for an interview or not to make any appointment as a result of the advertisement or to recruit following this advertisement.

Senior Team Leader Finance ( Job Number: 2500001B)

Description

Position:             Senior Team Leader Finance             
Department:       Finance                                                        
Reports to:         Senior Finance Manager                                                    
Closing Date:    28 February 2025

Main Responsibilities:
•    Timely and accurate preparation of monthly management accounts of subsidiaries under IFRS;
•    Review of subsidiaries’ monthly management accounts and follow up to resolve issues;
•    Provide assistance in the preparation of consolidated group management accounts, Financial Statements and Interim reports under IFRS;
•    Involvement in budgeting and forecasting process of subsidiaries;
•    Overview of overseas representative office and ensure smooth running of the overseas operations through close liaison with representative officer;
•    Involvement in getting relevant approvals for payment of dividends to the respective shareholders of the Bank;
•    Preparation of presentation for Committees, Board, AGM and Trilateral relating to Group and subsidiaries;
•    Ensure robust controls in place through the Bank’s policies and frameworks at Group level (including accounts payables, accounts receivables and other areas);
•    Review of all submission to Regulatory bodies such as the MRA and Bank of Mauritius;
•    Oversee the good running of accounts payables and accounts receivables, with emphasis on controls in place at all levels;
•     Any other cognate duties.

 

Qualifications

Requirements:
•    ACCA fully qualified or equivalent;
•    At least 7 years’ experience in Accounting, and Finance with minimum 3 years in Banking sector including some experience in an environment where knowledge of procurement system and/or framework, along with knowledge of consolidation;
•    Past experience on Oracle Cloud ERP system will be a definite advantage;
•    Team player;
•    Strong interpersonal and analytical skills;
•    Ability to work in a fast-moving environment, within timeframes/deadlines;
•    Excellent communication skills (both oral & written);
•    Dynamic and attention to details;
•    Result focused with a ‘CAN DO’ attitude.

Disclaimer: AfrAsia Bank Limited reserves the right to call only the short-listed candidates for an interview or not to make any appointment as a result of the advertisement or to recruit following this advertisement.

Supervisor – Compliance

MAIN DUTIES:

  • Conducting compliance reviews and assisting in the onboarding, ongoing monitoring, and transaction monitoring for client entities.
  • Acting as Money Laundering Reporting Officer (*MLRO”) on client entities and carry out duties as per local regulatory requirements including conducting oversight of compliance monitoring program and preparing periodic MLRO reports to Board of client entities.
  • Conducting and assisting in client and business risk assessments of clients entities.
  • Assisting in the preparation and submission of compliance reports for Management and the Board of client entities. 
  • Assisting in the designing, drafting and implementation of AML/CFT policies and procedures for client entities.
  • Assisting . as required
  • Preparing and delivering AML/CFT trainings.
  • Any other cognate duties required by Management.

 

QUALIFICATIONS & EXPERIENCE:

  • Holders of a professional qualification (ACCA, ICSA, CAMS, ICA) or a university graduate in Accounting, Finance, Economics, Law, Management, or any other related field.
  • At least 5 years relevant working experiences related to compliance.
  • Conversant with FATCA and CRS, CBCR and Data Protection regulations.

 

OTHER REQUISITES

  • Motivated self-starter and proactive
  • Sound knowledge of relevant legislations, regulations, and codes.
  • Knowledge of Microsoft Office (Excel, Word, PowerPoint etc)
  • Ability to work independently with an eye for details.
  • Strong analytical and problem-solving skills.
  • Team player with excellent written and oral communication skills
  • Perform well under pressure.
  • Willing to work odd hours when required.
  • Good time management with respect to assigned tasks and projects.

 

Closing date: 7 March 2025

Only the best candidates will be called for an interview. The company reserves all rights not to make any appointment following this advertisement. Equal Opportunity Employer.

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