Payments Manager
Advertised: 25 July 2025
Credit Corporation (PNG) Limited
Accounting / Finance, Banking and Financial Services | National Capital District
CreditBank PNG is recruiting a suitable candidate for the role of Payments Manager.
The Payments Manager role will be required to actively manage and take responsibility for the Payments and Settlements team within the Operations Department. The job holder will ensure that all payments and treasury transactions are processed and settled in an accurate and timely manner and in compliance with all relevant regulation, policies and procedures.
Key responsibilities:
Primary Responsibilities
- Manage and supervise the Payments and Settlements team, to ensure an effective and efficient operating model is maintained.
- Process all payments and settlements transactions within preset standardized turnaround times and ensure SLAs are complied with.
- Ensure accurate and timely monitoring and settlement of all transactions.
- Ensure that all transaction processing comply with regulatory and Bank's policies and procedures with prompt intervention to resolve problems. Act as a payment authorizer, where necessary.
Other duties
- Lead projects related to Payments and Settlements, ensure their timely completion, achievement of objectives and cost efficiencies. Ensure the changeover to new systems and processes is smooth and error-free.
- Manage maintenance of transaction records and documents and create a system for easy retrieval.
- Prepare regular reporting for senior management for effective monitoring and control.
Key Competencies
- Customer Focus
- Continuous Improvement
- Ensure Accountability
- Collaborates
- Communicates Effectively
- Contributes Independently
- Instils Trust
Formal Qualifications & Experiences
- University degree or Equivalent qualification
- Minimum of 5 years of banking experience both as a manager and a proven leader with predominant experience of Commercial Payments, Treasury settlements, Cash management, Nostro Reconciliations, etc.
Technical Skills
- Excellent understanding of all SWIFT/Payments in 100,200,300,500,900 series, KATS and Reps
- Treasury Settlements skills are highly desirable
- Risk management and prevention
- Be commercially aware of payment and treasury products, systems and new innovations
- Good MS Office product skills.
Application process:
If you think you have what it takes to be in this role, we would like to hear from you.
Applications close on Friday, 8th August 2025 and must provide the following:
- A cover letter.
- A current CV with the names of three (3) contactable referees
Applications must be addressed to:
The Head of People & Culture
Credit Corporation (PNG) Limited
P O Box 1787
Port Moresby, 121
National Capital District
Applications can be hand-delivered to Ground Floor, Credit House, Cuthbertson Street, Port Moresby or emailed to [email protected]
More information
Job ID: #24144
Industry: Accounting / Finance, Banking and Financial Services
Location: National Capital District, Papua New Guinea
Company: Credit Corporation (PNG) Limited
Company Description: Credit Corporation is a diverse company operating in PNG, Fiji, Solomon Islands and Vanuatu. The Group's core business activities are finance, real estate and investment services. Credit Corporation (PNG) Limited is listed on the Port Moresby Stock Exchange.
Company Website: www.creditcorporation.com.pg
Source: www.pngworkforce.com