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Title:  Officer IV, Payment Processing & Support




Requisition ID: 193543

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.



Contributes to the overall success of the Payment Processing & Support Team (PPST) / GBM - Asia & Pacific Region in Singapore and the Asia & Pacific Region ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.



  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
  • Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
  • Champions a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.
  • Recording and processing of payments on a  timely and accurate basis:
    • Ensuring invoices and receipts are attached thereto and transactions are properly authorized before payment.
    • Issuing of cheques or through payments by SWIFT or GIRO for BNSS and BNSAL direct expenses.
    • Ensuring accounting entries are posted timely and accurately into the Bankmaster Plus (BM+).
    • Ensuring proper recording of GST component.
  • Providing administrative support to HR department:
    • Posting and verification of HR department’s accounting entries into BM+
  • Accurate and timely recording of staff benefits and staff related expenses to assist Singapore HR in expatriates’ income tax reporting and to assist business units in Singapore in their respective expenses reporting and monitoring.
  • Process quarterly TSA fee billing and monthly expenses closing for :
    • Monthly/ quarterly expenses reimbursement/ closing for PRO, EO, and other branches / units, including follow up to ensure payments are received promptly. This includes the supporting of regional staff cost allocation and payments.
  • Prepare nostro accounts charges and overdraft interest charges for input into the BM+.
  • Perform reconciliation of cheque engraved form.
  • Other administrative tasks assigned, whenever required


Experience/Other Information

  • Working experience in Accounts Payable/Payment Processing and/or Nostro reconciliation functions in a Bank.  Fresh graduate with strong credentials would be considered as well.
  • Proficient in MS Office and especially in MS Excel and MS Words.
  • Good knowledge of payment processing.
  • Good knowledge of nostro accounts reconciliation.
  • A team player and good skill in time management.
  • Minimum GCE A Level



Location(s):  Singapore : Singapore : Singapore 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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