VP (Team Head) Treasury FX/ MM Settlement, Foreign Bank

Your new company

A leading foreign corporate bank is looking for an experienced and dynamic Team Head to lead its Treasury Settlement Team. This role is responsible for overseeing the end-to-end processing of all treasury settlement transactions, ensuring accuracy, timeliness, and compliance with internal policies and regulatory standards; as well as managing daily operations, the ideal candidate will play a key role in project management, driving system transformations, and leading process enhancement initiatives to improve operational efficiency and reduce risk.

Your new role

• Supervise daily operations of the Treasury Settlement team of 6, ensuring timely and accurate processing of FX (Foreign Exchange), MM (Money Market), funds, and bonds transactions.
• Act as the primary escalation point for complex settlement issues, ensuring swift resolution and minimal disruption to business operations.
• Monitor and manage settlement workflow risks, including failed trades, unmatched confirmations, and nostro reconciliations.
• Ensure compliance with internal policies, regulatory requirements, and market best practices (e.g., SWIFT standards, AML, FATCA).
• Drive system automation and lead process improvement initiatives to reduce manual intervention and operational risk; support system implementations and transformations for new product launches.
• Collaborate with front office, risk, compliance, finance, and technology teams to streamline workflows and enhance operational efficiency.
• Lead and mentor a team of settlement officers, providing training, performance feedback, and career development support.
• Oversee the maintenance of static data, settlement instructions, and system configurations.
• Participate in system upgrades, UAT testing, and the implementation of new products or services.
• Prepare and review management reports, KPIs, and audit deliverables.

What you'll need to succeed

• Bachelor's degree in Finance, Accounting, Business, or related field.
• 10+ years of experience in treasury operations or settlements, with at least 3 years in a supervisory or team lead role.
• In-depth knowledge of treasury products (FX, MM, IRS, Bonds, Derivatives) and settlement processes.
• Proficiency in SWIFT messaging, RTGS and treasury settlement systems
• Strong leadership, communication, and interpersonal skills.
• Excellent analytical and problem-solving abilities.
• Proficiency in both written and spoken English and Chinese is necessary.

What you'll get in return

• Work-life balance
• Stable Working Environment
• High Career exposure in Payment and Project Management

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call Hailey Tai now @ 22307491. Alternatively, you can also send Hailey an updated CV to [email protected]

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.