JOB DESCRIPTION

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5.2
5.3
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JOB TITLE
NAME
BUSINESS SEGMENT
GRADE
REPORTING RELATIONSHIPS
DIRECT REPORTING TO
INDIRECT REPORTING TO
DIRECT REPORTS
INDIRECT REPORTS
JOB ROLE

GENERAL BANKING OFFICER (GBO CLEARING & COLLECTION)

COMMERCIAL BRANCH BANKING GROUP
To
Branch Operation Manager
NA
NA
NA
Manage Outward & Inward Clearing

For
Goals & objectives, customer service & compliance
NA
NA
NA
and Collection function of the branch

Outward Clearing
7

JOB RESPONSIBILITIES

Accept Outward Clearing cheques from customers for collection of funds

Perform scrutiny of the cheques
Affix Clearing / crossing and other relevant stamps on the instruments
Enter the details of the cheques in the branch clearing register and NIFT summary sheet.
Make stacks of 50 cheques (max)
Prepare summary of all clearing cheques along with a bundle cover and place the instruments in NIFT provided
bag for onward delivery to NIFT rider
Post temporary credit in the customer accounts by giving 03 days float in the system.
Get authorization from the Customer Service Manager / Branch Operations Manager for ALL transactions above
the approved GBO limit.
Receive scroll (2242) from the NIFT rider, check and tally the amount Clearing Delivered by You from the
previous day total sent to NIFT.
Perform the adjustment of float days period on the system for all checks which have been cleared
Perform reversal of transaction for the returned cheques from NIFT make necessary entries in Check Return
Register.
Inform the customer via phone the same day. Note the comments on the deposit slip.

Inward Clearing Non Centralized branches

-

Receive the Inward clearing checks from the NIFT rider along with the NIFT scroll (2242)
Jot and tally the total amount of all the cheques with that of NIFT scroll.
Segregate the cheques by cheque type and perform the scrutiny / signature verification of the cheques.
Verify the IBS / AS & Test number for DD payments.

JD-COM-GBO (C&C)

JOB DESCRIPTION
- Post the debits in the customer accounts as per the assigned limit and obtain approvals from Customer Service
Manager / Branch Operation Manager for transaction above the limit.
- Return discrepant cheques and prepare cheque return memos with the specific reason with sign-off from the
TSS/ BOM
- Note down the returned cheques in the Cheque return register
- Make a list of aggregate amount of returned cheques and enclose the same on the NIFT bundle cover.
- Hand over the returned cheques, cheque return memos and consolidate covering schedule to the NIFT rider.
Outward Collection
Accept the outward collection cheque along with duly filled deposit slip from the customer
Perform scrutiny of the cheques
Affix relevant stamps
Sort/ arrange cheques and enter details in the Cheque Collection Register.
Prepare collection schedules in duplicate (SF 37) for filing in the cheque collection folder.
Prepare Liabilities Vouchers for required system entries
Post the BRBC & BCBR vouchers in the General Ledger
Dispatch the instruments via courier along with the SF 37 to the local main branch of MCB or the local main
branch of drawee bank or the specific branch in cities where MCB does not have a branch.
- Post credit entries in the customer account upon realization of funds through MCB local city main branch
- Lodge the draft in local clearing for cheques collected through the drawee bank (main branch)
- Manage Collection of FCY cheques by sending to the correspondent banks in respective country or through the
Head Office Karachi.
- Any other assignment / responsibility given by the immediate supervisor
Internal
With
For
Branch Staff, Internal Auditors, Internal Control Division Guidance & Support, Smooth and error free functionality
and any other back office department.
of the designated functions.
External
With
For
Assist BOM in successful audits and ratings. On need
External Auditors (SBP)
basis.
- As per delegation of Authority
-

KEY RELATIONSHIPS

AUTHORITIES

JD-COM-GBO (C&C)

JOB DESCRIPTION
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JOB HOLDER STANDARD

11

APPROVAL PROCESS

11.1

JOB HOLDER

11.2

SUPERVISOR

11.3

HUMAN RESOURCE DEPT

Bachelors degree
2 3 years of banking experience, preferably in Banking Operations.
Good knowledge of Banking Laws, Operations and Governance Principles
Good Knowledge of Cash Counter Services, Regulations, and Risk Management.
Good Interpersonal, Communications, and People Management skills.
SIGNED

DATE

JD-COM-GBO (C&C)