Job Title – Mandarin speaking Assistant Vice President RMB Clearing The Skills You'll Need: Fluent Mandarin, relevant level of Payments experience Your New Salary: Competitive Hybrid 1 day at home each week once probation is completed. Perm Start: ASAP Assistant Vice President – RMB Clearing, Mandarin speaking - What You'll be Doing: You will ideally have excellent understanding of the management of RMB clearing as an RMB Clearing Bank and a Direct Participant of CIPS, establishing policy and procedures, able to support the 1st LOD in discovering, detecting, documenting, managing and mitigating risks. You will ideally be experienced in managing regulatory reporting related to RMB clearing, managing regulatory change projects; including but not limited to the upgrading of RMB clearing related systems and will be experienced in designing and developing the RMB clearing service alongside assisting with the marketing. Be fully aware of and implement RMB Clearing Bank and CIPS Direct Participant requirements Formulate, review and update RMB clearing and CIPS management policies and procedures Implement the risk control requirements related to RMB clearing business and CIPS Monitor and manage RMB Clearing Bank and CIPS operational incidents Responsible for RMB Clearing Bank and CIPS related regulatory reporting within required timelines Ensure full compliance with the latest CIPS and RMB Clearing Bank rules and regulations Analyse RMB clearing and CIPS activities, identify relevant risks and document Assist 1st LOD to discover, detect, document, manage and mitigate RMB clearing and CIPS related risks across a full range of risk types Prepare and manage questionnaires and survey responses for HO, CIPS and Regulators Manage the RMB Clearing Bank working group across the bank; implementing KPIs related to RMB Clearing Design and develop RMB clearing service, assist relevant departments with the service and management for participating banks and the marketing of RMB clearing service Engagement in RMB clearing and CIPS related projects and service development Collaborate with relevant teams to manage the whole life cycle of the upgrade of RMB clearing related systems Collaborate with relevant teams to provide business statistics and reporting for MI purposes Escalate to management of RMB Clearing related issues Assistant Vice President – RMB Clearing, Mandarin speaking - The Skills You'll Need to Succeed: Educated to Bachelor's Degree (preferable in Finance, Economics, Accounting) Specialist in risk management and financial products, services, process, especially in clearing and payments Experience of Swift Payment Processing and relevant global Payment Schemes Awareness of relevant legislations such as Consumer Duty, FCA and PRA Regulations Solid experience of Swift payment processing and knowledge of international payments Knowledge of SWIFT Payment messages in both MT and MX format (ISO20022) Awareness of Risk and Controls - Relevant 3LoD knowledge Awareness of Sanctions policies Experience of writing policies, procedures and training materials CIPS Payment Processing and relevant global Payment schemes Experience of building / testing / implementing SWIFT payments systems and project management Relevant professional qualifications preferable Please follow us on Linkedin: https://www.linkedin.com/company/people-first-team-japan We would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation. People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability. People First (Recruitment) Limited acts as an employment agency for permanent and fixed term contract recruitment and as an employment business for the supply of temporary workers. Please note that by applying for this job you accept our Terms of Use and Privacy Policy which can be found on our website.