Settlement Manager

Responsibilities • Processing, Settlement and Reporting of Treasury Transactions. • Perform static data maintenance in systems. • Ensure completeness of all transactions for the day. • Ensure all payments and receipts are in good order. • Ensure all accounting entries are posted correctly. • Perform cashflow projections. • Ensure daily, weekly, monthly reporting and reconciliations are timely and accurate. • Retrieve prices for valuations daily. • Perform exception handling and liaise with internal and external parties. • Ensure MEPS+ transactions for the day are in order. • Monitor limits and rate tolerances reports. • Maintain and update portfolios in Bloomberg for valuation. • Report margined transactions to Head Office daily. • Ensure all Derivative Trade Reporting is completed timely and in order. Comply with MAS and HKMA Derivative Reporting regulations. • Participate in BCP, systems, and Industry Testing when required. • Escalate all exceptions promptly to the Team Lead or Head of Department. • Ensure all processing documents are retained in order at end of day. • Review and update of Operations Manuals. • Provide audit support during document preparation and contribute to audit action plans. • Observe and comply with good banking practices as stated in ABS code. • Comply with AML guidelines and responsibilities to classify customers, monitor transactions, and report irregular transactions. • Comply and stay updated with the latest MAS Regulations, HKMA Regulations, Bank Policies and Guidelines. • Carry out duties assigned by the Team Lead or Head of Department with due diligence and in compliance with the Bank's policies and guidelines. • Perform any other duties assigned by the Team Lead or Head of Department from time to time. Product coverage: • FX, Money Market, Securities and Derivatives. Requirements • Hold a recognized university degree with preferably no less than 10 years of experience in Treasury Settlements of a bank. • Demonstrate sound knowledge in FX, MM, Securities and Derivatives products as well as their operational processes. • Possess working knowledge of VBA, SQL, RPA, and other automation tools. • Maintain good knowledge and understanding of the Bank’s and Regulatory policies, procedures, practices, and rules. • Exhibit good communication skills and risk awareness. • Good verbal and written communication skills.