Responsible for settlement of treasury transaction, remittance, cheque, GIRO and smooth running of daily operations.
Ensure all treasury settlements, remittance, cheque and GIRO transactions are in line with internal procedures and are complied with regulatory requirements.
Prepare, update and perform periodic review on procedure manual.
To coach and guide the team on processes when new products are launched.
To ensure the team is aware of the regulatory changes that affect treasury settlement, remittance, cheque and GIRO transaction.
To monitor credit limit, MTM and escalate accordingly when there are breaches.
To ensure AML is performed on all payment transaction and escalate to Compliance where necessary.
To drive UAT for system enhancement and initiate change request for system enhancement, new product and new regulatory requirements.
To work with T&M, RMs and relevant stakeholders to establish workflows for new product launching and/or new regulatory requirements.
To work with relevant stakeholders to resolve IT related issues affecting treasury transactions, remittance, cheque and GIRO.
Lead and manage the Treasury Settlement & Payment Operations team to ensure smooth running of daily operations.
Ensure that there is no operational loss, no operational risk incident and the daily operations comply with regulatory requirement.
Familiar with treasury products, FX, MM, REPO/REVERSE REPO, MEPS+ system, Fixed Income, Financial Futures, IRS, FXO, FX NDF, Derivatives, structured products and SWIFT messages.
University graduate in Banking, Business Administration, Finance, Accounting or related disciplines.
Minimum 10 years of relevant settlement experience (at least 5 years at supervisory level) with background in a medium to large size financial institution with hands on exposure in products such as FX, MM, Structured products, Fixed Income, Derivatives Market transactions, remittance, cheque, GIRO and a broad overview of the whole settlement process.