Settlement Officer

Our client is a small size foreign bank. Currently, they are looking for an experienced candidate for their settlement team, mainly responsible for cash payment and FX/MM settlement, includes daily BAU and related reg-reporting.

Responsibilities:

• Perform processing and trade settlements
• Monitor and perform confirmation matching
• Perform reconciliation of trades between usually but not limited to front and back-office systems
• Perform daily and monthly checks on transaction reports where applicable.
• Good knowledge and understanding of local specific regulations and policy, ensure operations and reporting process in line with the required standard
• Understanding, Transformation and input of the content of the technicalities from the written loan agreement to the respective booking-system
• Input and Verification of all business events (payments, notifications, corrections)
• Reconciliation and review of business cases
• Other tasks assigned by the team lead

Requirements:

• University degree or similar in Banking, Finance or Business etc.
• Certification in local market practice/rules & regulations or other relevant certification (CPA, CFA, etc.)
• Language: Fluency in Mandarin and English
• Typically 3 years of experience in traded product settlement or in a comparable service function in a financial institution (e.g. settlements, loan administrations, middle office etc.).
• University degree or similar in Banking, Finance or Business etc.
• Over 5 year working experience in FX/MM settlement or banking back office.
• Certification in local market practice/rules & regulations or other relevant certification (CPA, CFA, etc.)
• Language: Fluency in Mandarin and English
• Strong product knowledge in wide range of financial instruments especially in area of bookings and settlements (such as fixed income instruments, financial derivative products, FX and MM products, structured products)
• Good problem solving skills with the ability to apply up-to-date knowledge and best practices to develop value-added solutions
• Good understanding of relevant regulatory rules and internal controls to ensure compliance
• Strong interpersonal and communication skills