Settlements Officer

Job description

Responsibility in Back-office Treasury. Processing of all treasury transactions in a correct manner involving:

(1)Foreign Exchange deals

(2)Money Market Deposits

(3)Derivatives

(4)Bond

(5)Handling of MAS and DTCC reporting

(6)RMA KYC review

(7)Knowledge of both the Swift and MEPS+ preferred

MEPS+ Manual Contingency Drill

MEPS+ disaster Recovery Drill

MEPS+ Industry Testing to cater for system patches and upgrades

Swift Self-Assessment

●Handling daily transactions Money Market, Foreign Exchange, and Securities Deals

and checking of reports covering Money Market, Securities, Interest Rate Swap Outstanding and Foreign Exchange Transactions.

●Monitoring and updating of Correspondent Bank’s Credit lines and coupon interest and interest rate swap for various securities and ensure interest is correctly credited.

●Verifying of dealers’ conversation and transaction through Reuter roll and to ensure it tallies with the number of deal tickets issued daily

●Processing of report to MAS.

●Preparation, submission and checking of FX Swap/IRS transaction’s report to MAS via DTCC when necessary.

●Reading of Factiva Adverse news related to all our RMA counterparties

●Monitoring and updating of Swift/MEPS+ messages activated

●Verify all Swift cum MEPS+ payments duly released before signing out of AS400 daily.

●Accepts responsibility for the implementation of regulations, procedures and projects.

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Job Requirements:

●Good interpersonal relationships, communication, strategic thinking and with the ability

to motivate

●Able to handle and understand Chinese documents, bilingual to liaise with colleagues from Taiwan

●Good working technical knowledge SWIFT/MEPS+ and familiarity with IBM AS400 System would be preferred

● Post graducate diploma in Business/Accountancy/Banking/Fianance.