Treasury Settlement Administrator

Principal Purpose of the Job:

The overall objective of the position is to facilitate the timely and accurate settlement and subsequent reporting and investigation of the Bank’s Treasury business. This will be achieved by supporting the confirmation process, maintenance of relevant static data in back office systems, resolving any settlement issues by liaising with management and internal and external counterparties, managing queries from both internal and external sources in a competent, efficient and timely manner, regulation repository, and assisting with the ongoing review of current working practices and procedures to achieve improvement where possible, leading or assisting in implementing projects and any other ad hoc duties as directed by management. And management reporting and governance of the bank transaction reporting processes under EMIR, MiFID, MiFID II.

Cover treasury middle office and also assist with payment correspondence banking/payments, reconciliations, settlements of loan back office settlements and trade services where necessary.

Main Responsibilities & Accountabilities:

Perform duties and functions for the bank and concurrently act as an agent for and on behalf of the bank as per service level agreement.

MM/FX/NDF

· Check deals ticket produced by FMBM process in GMO and SCMS accordingly;

· Swap instructions for London trades;

· Send chaser confirmations for non receipts;

· Chase non receipts or late payments of funds;

· Keep copies of forward deals in folder for future payments;

· Safe-keeping of used Reuters paper from the Dealing Room;

· Pass entries for Bank charges and Dr/Cr interest charges;

· Filing of days work in a timely manner.

SECURITIES(BOND/CD/REPO)

· Check all details of Security trade ticket and process in GMO and SCMS accordingly;

· Send Security confirmation to counterparty;

· Send scanned copy to HO by email to confirm Security details;

· Monitor the due coupon in the report generated by GMO;

· Send SWIFT to advise HO of coupons due and position amounts;

· File finished Securities in Security folder.

IRS

· Check all details of IRS ticket and process in GMO and SCMS accordingly;

· Check the rate regularly and reset the floating rate;

· Monitor the due IRS in the report generated by GMO;

· Send SWIFT to pay or receive net interest;

· Upload Soc Gen statement from FMBM and process in GMO;

· File finished IRS in the folder.

REPORTING

· Finish the daily Transaction Reports: including daily trade activity reporting, daily Profit & Lost production, reconciliation, and attribution analysis, comprehensive independent price verification, trade break investigation and remediation, market value adjustment processes.

• Collateral Management: credit documentation (ISDA/CSA) management, transaction data collation and validation, margin valuation, reconciliation, exchange (settlement), and confirmation of margin (including dispute management), periodic collateral reconciliation and counterparty reporting.
  
• End-to-End Trade Reconciliation: undertake comprehensive validation of trade data throughout the trade lifecycle.
  
• Regulatory Reporting: discharges the associated completeness, accuracy, trade investigation/remediation, and governance reporting responsibilities. This role should also act as a point of liaison with the various reporting service providers.
  
• Customer Portfolio Reconciliation: subject to formalized reconciliation and dispute management processes of counterparty positions and portfolios.

OTHERS

• Provide back office administration support between head office and department staffs.
  
• Research and support projects reports writing (both in Mandarin and English).
  
• Assist the coordination and management of new project process and system upgrading or testing.
  
• Remain vigilant regarding AML rules and procedures during routine working; all the CDD and AML checking as required by the Bank’s policy; keep all AML check evidence for AML check for audit trial purpose. Must report/escalate to MLRO for potential positive hit or suspicious transaction in accordance with the Bank’s AML policy.
  
• An understanding of key roles and regulations governing CASS.
  
• Conduct daily basic CASS review operation in accordance with established “policies”. Perform an assessment of whether the funds/credits relate to designated investment business on daily basis and document this, and report any breach of the banking exemption to the Compliance & Legal Department as well as the Head of the Department.
  
• Cover treasury middle office & back office settlements where necessary.
  
• Other duties as assigned.
  

Requirements

- Proficiency in English language(writing and speaking).

- Good Microsoft Office skills

- Good organizational ability and attention to detail

- Good interpersonal skills with the ability to communicate with people of different departments

- The ability to prioritize tasks and delegate when necessary

- Accurate reporting skills

- Good team player and be responsible for teammate actions