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.