AVP / VP, Transaction Banking Services (Custodian Operations)

Responsibilities

• Provide supports on daily operations across pre- to post-trade lifecycle
• Provide supports on facilitating movement of funds, funds transfer for trade settlement at sub-custodians
• Perform daily reconciliation of cash and securities positions to ensure accuracy and to identify reason / root cause of discrepancies, follow up till resolution
• Monitor and operate various settlement systems, including but not limited to CMU, CCASS
• Work closely with Product Team on delivery of CMU’s / CCASS’s products and services, and to manage its roll-over by collaborating with internal team to develop relevant systems and processes
• Participate in new settlement system development projects and UAT Review / update / create procedure manual, SOP regularly in accordance with latest bank practice
• Simplify workflow and processes
• Manage exceptions that may arise and ensure timely and appropriate level of escalation pertaining to client-impacted issues
• Support ad hoc projects assigned by team head / section head. Liaise with business partners on user requirements, participating and monitoring pre- and post-system enhancement/deployment till project timeline

Requirements

• University graduated / Degree holder in Banking and Finance or related disciplines
• 5 years of experience in banking or financial services industry, familiar with custodian business with good knowledge or custody system operations would be an advantage
• Knowledge on Bloomberg, SWIFT 15022 / 20022, MT & MX messages, CMU, CCASS, DCASS, Euroclear, Clearstream, RTGS, QDII, QFII, Multifonds, Megara
• Previous experience on client facing and/or operational roles in Local and/or Global Custodian would be an advantage
• Middle & Back office Trade settlement processing experience across Local and Global markets would be an advantage
• Experience on Corporate Actions handling would be an advantage
• Languages: English, Cantonese, Mandarin
• Strong written and verbal communication skills with ability to articulate complex matters clearly and concisely
• Independent, highly self-motived, detail-oriented, high degree of flexibility to take up new tasks