Manager / Assistant Manager, Remittance and Settlement

  • Negotiable
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Dah Sing Financial Group
  • 16 Jun 18 2018-06-16

You will be responsible for supervising team members to ensure timely and effective daily operations for Foreign Exchange and Money markets products. Moreover, you will work closely with front office and various departments to resolve any operational issues as well as participating in user acceptance tests or system enhancement projects in relation to Settlement.

Responsibilities

  • Monitor daily cash flow of RTGS payment / daily nostro fund transfer and CLS funding position for Treasury
  • Verify FXMM payment instructions and securities instructions for HK Government Exchange Fund Bills
  • Review and sign manual trade confirmations for non-deliverable forward products
  • Review day-end control reports to ensure completeness
  • Manage daily reporting for Hong Kong trade repository
  • Responsible for management reporting including monthly statistics reports and KPI reporting
  • Review and update procedure manuals regularly
  • Monitor daily operations and arrange continuous process improvement for operations excellence
  • Act as back up for the managers of Fixed Income & Derivatives team to oversee daily operations during their absence.
  • Report irregularities to department head directly and instantly in accordance with internal departmental requirements and guideline of Reporting operation risk incidents

 

To meet the challenge, you should possess the following qualifications and attributes:

  • Degree holder in Banking / Business Administration / Finance is preferred
  • Minimum 10 years relevant experience in Banking or Financial Institution of which 4 years at supervisory level
  • Sound product knowledge of treasury and investment products
  • Familiar with EUCLID, CMU, RTGS, SWIFT and related settlement system
  • Strong people management and project management skills
  • Good interpersonal and analytical skills
  • Good command of spoken and written English and Chinese

Candidate with less experience will be considered as Assistant Manager, Remittance and Settlement.