Clearing & Payments department supports the Bank in a back office capacity, supporting the Bank’s operational processing for various banking product, working with retail branches and front office teams to support London Branch and Subsidiary customers. As a Senior Assistant - Financial Markets Support and Clearing, you will be responsible for day-to-day process of Financial Markets Support. This includes overseeing the full settlement life cycle across a wide range of products ensuring the transactions are completed accurately and efficiently. This is a full time permanent job.
Key responsibilities
* Deliver relevant settlement of the Financial Markets for products including FX/MM, Interest Rates Swaps, Options, NDF’s and others
* Ensure all deals are processed accurately and on time
* Assist in Euroclear/Easyway settlements
* Collect statistical information for reporting, MI and MTM purposes
* Investigate and resolve operational and payment issues
* Assist with the testing and implementation of new systems and system upgrades when required
* Escalate any unidentified operational risks
* Uphold high customer satisfaction standards
* Regularly review, revise and suggest updates to business procedures
* Assist with regulatory reporting
* Assist with projects when required
* Complete tasks and duties as assigned by Management to ensure the continued delivery of Bank of China’s business developments and growth
Requirements
* Degree educated in Business, Finance, Accounting or Economics
* Experience in SWIFT Payment Messages both MT and MX (ISO20022) or settlement is preferable
* Product related experience in Financial Products such as FX/Money Markets/Bonds/Derivatives is a plus
* Knowledge of Financial Markets products and processes
* Knowledge of Banking products and associated risks
* A quick learner and adaptable to change
* Excellent communication skills
* Fluency in Mandarin is preferred
* Team player
* Good problem solving skills
* Proficient in Microsoft Office (Word, Excel, Access)