Job ref no.: Officer, Remittance and Settlement (Settlement)
Officer, Remittance and Settlement (Settlement)
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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)
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Officer, Remittance and Settlement (Settlement)
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Company Overview
The Dah Sing Group is a leading financial services group in Hong Kong offering banking, insurance, financial and other related services through its growing network of over 70 branches in Hong Kong, Macau and Mainland China.
Our currency is caring, teamwork and progressiveness. We accept that everyone is unique and different in talent, but alike in the capacity for growth. Our task is to shape a culture that creates a sense of pride in achieving something beyond just a job, and an environment where you can be your true and authentic self, like at home.
Officer, Remittance and Settlement (Settlement)
Dah Sing Financial Group
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