banner
Job ref no.: Officer, Remittance and Settlement (Settlement)
Dah Sing Financial Group

Officer, Remittance and Settlement (Settlement)

Dah Sing Financial Group

You will be responsible for managing daily processing of Fixed income & derivatives operations.

Responsibilities:

  • Perform daily settlement processing for the following products:
    • Margin settlement for CSA management
    • Interest rate swap and cross currency swap, Caps & floors
    • FX Option, Participating Forward and Structure option
    • Equity option, equity accumulator and decumulator
    • Futures, Bonds, CD Issuance, EMTN and Repo
    • Currency Linked Premium Deposit and Equity Linked Deposit
  • Prepare daily reporting and follow up margin call payment for CSA management
  • Follow up discrepancies and liaise with risk management team if any margin disputes
  • Follow up monthly interest settlement with CSA counterparties
  • Work closely with front office and various departments to resolve any operational issues
  • Prepare trade confirmations and settlement instructions for Fixed income and Derivatives products
  • Input trades at middleware systems for in-scope OTC derivatives products
  • Review reported OTC derivatives trades or submit trades if needed for regulatory reporting
  • Manage coupon and redemption payment for securities and interest payment for derivatives products
  • Dispatch Corporate Action notifications to relevant RM and maintain in register record for follow-up action
  • Perform account reconciliation, position and custodian reconciliation to ensure accuracy
  • Prepare day-end control reports to ensure completeness
  • Participate in user acceptance tests or system enhancement projects in relation to Settlement or new product development
  • Assist manager in regular procedure manuals updating
  • Act as back up of other FXMM or Fixed Income & Derivatives teammates

Requirements:

  • Degree holder in Banking / Business Administration / Finance/ Management
  • At least 2-3 years relevant experience in Banking industry or financial institution is preferred
  • Strong communication, interpersonal, people management and analytical skills
  • Mature and able to work independently and under pressure
  • Innovative and self-initiative
  • Good command of spoken and written English and Chinese

(Candidates with less experience will be considered as Assistant)

Please note that only shortlisted candidates will be notified.

 

More job information
Job ref no. Officer, Remittance and Settlement (Settlement)
Salary
Job Function
Work Model
  • On-site
Industry
Employment Term
  • Full-time
Experience
  • 2 years - 3 years
Career Level
  • Non-management level
Education
  • Degree