Manager - Settlement - Investment Bank - APAC

We are hiring for Manager - Settlements for Captive Global Bank

Description of position (duties & responsibilities) :

1. Customer services

- Liaise with RMs, traders, Finance & Control and colleagues of other support units to provide high quality of service to customers.

- Handle inquiries from both internal and external customers.

2. General supervisory works

- Main responsible the settlement processing of equities, fixed income, money markets & Derivatives

- Perform physical input / check on manual vouchers, mail confirmation / advice, deal tickets, dealing support documents and any other paper-works prepared by team members or interfaced from other computer systems.

- Perform periodic reconciliation among the records in Front-office, Back-office and ATLAS2.

- Provide immediate support to the sub-ordinates under his/her supervision (if any).

- Ensure proper filing system is in place.

- Act as back-up to other Officer level staffs among the team.

- Assist Sub team manager to clear up Order A/C, Suspense A/C and any other irregular items.

- Assist Sub team manager to provide on-the-job training to junior staff.

- Assist Sub team manager to solve operational problems and ensure smooth running and adequate backup in the section.

3. Computer system

- Perform input / modification / verification / validation in various application systems such as ATLAS2, OMR, SWIFT Alliance, etc.

- Maintain necessary data files in Microsoft EXCEL / WORD or through data extraction from Business Object, StorQM Plus, etc.

- Perform the required signature verification (if any) in Sign View / Sign Plus.

- Regularly control the incoming scanned documents are timely received from Satellites via E-Archival.

- Assist Sub team manager to conduct system testing / acceptance, Projects Implementation and team management.

4. Control Aspects

- Direct contribution to BNPP operational permanent control framework.

- Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan

- Comply with regulatory requirements and internal guidelines.

- Contribute to the reporting of all incidents according to the Incident Management System.

- Minimizing operational failure, including but not exclusively, the risk of fraud, by helping to devise, and by implementing, sufficient regular controls.

- Ensuring appropriate escalation to management and/or Permanent Control (or Compliance as appropriate) as soon as an issue is identified.

Qualifications :

- Main responsible the processing of Bonds, Paper and CD, IRS, OIS, CCS, FRA and various structural products of Asian Regional Sites

- Providing Agency Functions for Asian Regional Sites

- Regularly preparing Balance of Payment report, discrepancy reports, statistics reports and custodian fee in regarding to Asian Regional Sites

- Monitoring account balance of Asian Regional Sites to ensure all transactions are correctly and accurately posted into Back Office Systems

- Checking accounting vouchers for Asian Regional Sites

- Pay up monthly and quarterly custodian fee for Asian Regional Sites

- Conducting various testing and migration for all sites area

- Prior experience in settlements activity would be an added advantage.

- Will be appointed as Manager with relevant experience on settlements Department.

- With practice, knowledge, theories and concepts of all aspects of capital and money market products (For example, Bonds, Repo, Derivatives and structural products, etc.)

- Familiar on Cash & Securities Clearing Systems. For example, MBT/CMT, CreationOnLine, HSBC Net and Swift Alliance.