Remittance & Settlement - Assistant Manager

GENERAL SUMMARY

Responsible for handling daily remittance and settlement operations, perform account reconciliations, support system enhancements, ensure compliance with regulatory standards, and prepare reports for internal, external, and regulatory stakeholders.

ESSENTIAL FUNCTIONS

1. Remittances
   • Processing domestic and international transfers (e.g., T/T and / or RTGS / CHATS), ensuring compliance with regulatory and internal policies.
   • Ensure adherence to anti-money laundering (AML) procedures, prepare reports for internal and external parties, and manage general ledger (GL) reconciliations.
2. Treasury Settlement
   • Input Treasury’s deals (e.g., FX & MM) in core-banking system EQUATION.
   • Processing daily settlement activities including confirmation matching, fund transfers and execution of relevant swift message (e.g., MT300 / MT 320 / MT202 / pacs. 009)
   • Preparation of reports for internal, external and regulator (such as HKTR – upload reportable trades to TR, upload valuation files to TR, download & review reports from TR portal).
3. Projects
   • Co-ordinate with other teams such as IT in performing UAT such as core-banking system upgrade; annual drill tests ; risk OR-2 test, etc.
   • Assist Team Head in handling external projects (organized by HKICL, HKMA, HKAB).
4. Backing up other Operations Teams to maintain continuity, such as processing of inward and outward clearing cheque, client’s fund transfer and deposit, etc.   Other duties as assigned by supervisor.

QUALIFICATIONS

• Education:
  • Form 5 or above, Diploma holder is preferable
• Experience:
  • At least 5 years of experience in banking field that is related to remittance &     settlement operations 
• Skills/Ability:
  • PC proficiency (MS Excel and Word). 
  • Good verbal and written communication skills.  Bilingual (English/Mandarin or Cantonese) a plus. 
  • Sound knowledge in Remittance Business include usage in SWIFT Alliance, RTGS/CHATS in ISO20022 MX wire formats.
  • Solid knowledge in payment execution and monitoring transactions with Anti-Money Laundering matters.
  • Good organization skills, detail-mindedness, self-motivation and ability to work under pressure independently.