Job Description

Treasury Settlement Team (Senior) OfficerMoney marketNostro . Nostro balance monitoring and reconciliation. Ensure there is sufficient funds for the monthly/quarterly fees charges. Observe the redundancy of account(s) and propose for closure. Assist in the opening of new accounts as directed by Treasury or Corporate Banking teamFunds release via SWIFT. Preparation and release of payments within market cutoff timeDeal confirmation . To check dealing slips against system inputs and market source. Placements with banks are made according to the limits approved by HQ for the branchSecurities a) Settlement . Responsible for end-to-end processing for derivatives, fixed income, CD issuances, including static setup, interest fixing, swift preparation, securities and cash settlements. Liaising with internal and external parties b) Reporting/Monitoring. To prepare daily revaluation report and monitor 'near stop-loss limits' and escalate the event to risk department / dealers / senior management for decision making. OTC reports submission via DTCC. Monitor credit rating. Responsible for daily, monthly, quarterly, periodic and ad hoc reportsa) Hedging test . To perform hedge effectiveness test and inform the dealers and managementDeposit and Remittance. To liaise with Korean speaking customers regarding deposit and remittance matters. Undertake onboarding processes for new customers' accounts opening and dormant account review. Deposits, remittance and Time Deposit processing and monitoringHead Office (Korean) Liaison and Reporting. To liaise with Head Office directly on Settlement matters, modules issues, internal reporting matters and enhancements in KINS used by Settlement teamSkills / Knowledge. 1 to 2 years knowledge and experience in bank products processing and settlement especially Securities and Remittances. Comfortable and skilled (preferred) in liaison with Head Office counterparts, counterparties, agents and customers. Knowledge in Microsoft Excel, Words. Korean speaking is advantageous but not a requirement
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