Clearing Clerk

Posted 29 January by HR GO Recruitment

Process the payment/clearing and also to assist with reconciliations and settlements of treasury and loan business.

Main Responsibilities & Accountabilities:

  • Process any payments received from our clients and/or agent banks in SCMS;

  • Reconcile Nostro accounts and record keeping as requested;

  • To process payments in SCMS and FOVA using knowledge of SWIFT and SWIFT formats;

  • Maintenance of static data;

  • Maintenance of records filing;

  • Preparation of monthly reports for Head Office, agent banks and Management;

  • Check and input the loan facilities, loan details and rollovers etc. in Fova;

Main Responsibilities & Accountabilities:

  • Process any payments received from our clients and/or agent banks in SCMS;

  • Reconcile Nostro accounts and record keeping as requested;

  • To process payments in SCMS and FOVA using knowledge of SWIFT and SWIFT formats;

  • Maintenance of static data;

  • Maintenance of records filing;

  • Preparation of monthly reports for Head Office, agent banks and Management;

  • Check and input the loan facilities, loan details and rollovers etc. in Fova;

  • Check deals MM, FX and Bonds produced by Treasury and input in Summit;

  • Create any new Clients and open relevant accounts in the system;

  • Following up the system upgrading and development of new products;

  • Pass any journal entries and accruals in Fova;

  • Keep Nostro positions;

  • Other tasks as directed by the department Supervisor and Manager;

  • Remain vigilant regarding AML rules and procedures during routine working. All the CDD and AML checking in trade services and other product lines as required by the Bank's policy;

  • Keep all AML check evidence for AML check for audit trial purposes. Must report/escalate to MLRO for potential positive hit or suspicious transaction in accordance with the Bank's AML policy;

  • File work papers in a timely manner;

  • 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. Report any breach of the banking exemption to the Compliance & Legal Department as well as the Head of Operations;

  • Undertake any other relative jobs assigned by the Manager or Head of Operations from time to time.

Good Knowledge:

  • International trade finance practice and transactions;

  • Transaction processing systems such as FOVA, Standard Clearing Management System, Summit and Swift.

Bilingual: English/Mandarin is preferable.

Required skills

  • Payment/Clearing
  • Reconciliations and Settlemetns of treasury and loans business.

Reference: 34339693

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