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Posted on 2022-09-07
China Construction Bank (Asia) Corporation Limited

VP/AVP, Treasury Settlement

China Construction Bank (Asia) Corporation Limited

Main Responsibilities

  • Provide day-to-day operations for back-office processing and settlements of FX, MM, securities and derivative transactions.
  • Ensure the execution of transactions are meet HKMA/Regulatory standards and monitor the completeness and accuracy of the transactions
  • Liaise with various internal parties such as Treasury, Risk Management, IT, L&C for resolving any operational, settlement - and system issues relating to Treasury products
  • Handle SWIFT / RTGS / PVP payments and CMU / Euroclear instructions within the delegated authority.
  • Perform management reporting and regulatory reporting in accordance with business unit needs and regulatory requirements.
  • Understand and familiar with the Collateral Management process relating to CSA VM, CSA IM, Repo & Reverse Repo, Centrally cleared and non-Centrally cleared derivatives
  • Understand and familiar with various ISDA Definitions, ISDA CSA (VM & IM), GMRA documentation
  • Assist in compilation of regulatory and H.O. reports in relation to treasury operations and function.
  • Participate and take lead in various projects relating to Treasury Settlement, provide user requirements, and conduct UAT where applicable.
  • Provide training on new workflows and procedures to team members for new products / business as well as new system functionalities.
  • Review operation procedures and ensure enforcement and adherence to the bank guidelines and regulatory requirement
  • Handle the implementation of new and revised procedures, systems to improve the operational efficiency.
  • Implement proper internal control and procedures for managing operational risks
  • Keep abreast of market and regulatory changes and ensure staff are aware of those changes
  • PRC business trips are required.
  • Provide business support on HK public holidays.

Requirements

  • Degree holder or above with good business acumen.
  • At least 5 to10 years experience in settlement operations related to treasury products, including experience in SWIFT, RTGS, with minimum 5 years at supervisory level.
  • Good knowledge of market best practice and familiar with the Settlement & Confirmation process of Treasury Products and OTC Derivatives, and strong skills in operational risks control.
  • Capable to lead, drive and deliver projects relating to Settlements, Confirmations and Regulatory requirements for Treasury Products and OTC Derivative
  • Detail-oriented, numerical and careful, presentable, professional, and a team player
  • Hard working, ability to perform under pressure and deliver on schedule
  • Good command of both written and spoken English, Chinese and Putonghua.
  • Strong communication & interpersonal skills and able to negotiate, persuade, & influence for desirable results.
  • Good knowledge in PC application (Words & Excel).

Applicants who are not contacted within 8 weeks may consider their applications unsuccessful and their personal data will be retained by the bank for a period up to two years.

All information provided by applicants will be used for recruitment purposes only and will be used strictly in accordance with the bank’s personal data policies, a copy of which will be provided upon request.