Officer / AM, Transaction Banking Services (Corporate Trust and Loans Agency)

Responsibilities

• Partner with Client Services team of Corporate Trust and Loans Agency for all transactions
• Perform the maker role and duties of IPA, including but not limited to:
• Coordinate with ICSD/CMU and other Clearing House for primary closing
• Provide primary settlement support in capacity as IPA and / or Settlement Agent
• Prepare payments of the bonds proceeds to Issuer / Common Depositary for non-syndication / syndication closing
• Arrange Interest rate fixing, send rate fixing advice to relevant parties, effect coupon and redemption payments to bondholders;
• Perform the maker role and duties of Common Depository, including but not limited to:
• Liaise for the bonds closing logistics in accordance with ICSD requirement
• Collect and safe-keep the Global Certificate; report the eligibility to ICSD for electronic trading; support the mark up/down events and other corporate action events;
• Credit the primary bonds into the IPA / Settlement Agent account to kick off the primary settlement;
• Pay the issuance amount to the Issuer as per ICSD’s irrevocable instruction;
• Manage and coordinate the periodically coupon payments and principal repayments;
• Handle the bonds maturity and destroy of the Global Certificate
• Support ad hoc tasks and project UAT

Requirements

• Degree holder with minimum 2 years’ experience in CTA operations
• Familiar with the settlement & clearing process with ICSD (Euroclear and Clearstream) / CMU and other Clearing Houses
• Detail-minded, numerical and careful, presentable, professional, and a team player
• Ability to quickly learn and adapt to new environment / platforms for the business as required
• Willing to work overtime
• Good command of written and spoken English, Chinese and Putonghua
• Good knowledge in PC application (Words & Excel)

Applicants who are not contacted within 8 weeks may consider their applications unsuccessful and their personal data will be retained by the bank for a period up to two years.

All information provided by applicants will be used for recruitment purposes only and will be used strictly in accordance with the bank’s personal data policies, a copy of which will be provided upon request.