Job Description
CORE PURPOSE OF THE JOB
To be responsible for conducting Account Verification Service (AVS) checks through integrated banking platforms to validate beneficiary banking details prior to payment processing or onboarding. The role ensures that account holder is identified, with correct bank account details, and supporting information match the records held by the beneficiary’s bank, thereby reducing fraud risk, payment errors, and regulatory exposure.
MAIN FUNCTIONS OF THE JOB
AVS Verification
- Perform AVS checks on new beneficiaries and once-off payments via the integrated Enterprise AVS platform.
- Verify mandatory fields including:
- ID number / Passport number / Company registration number
- ...