treasury settlement, vp - chinese bank in Hong Kong

shirley shao, randstad hong kong
job type
HK$ 40,000 - HK$ 45,000 per month

job details

hong kong
banking & financial services
job type
working hours
HK$ 40,000 - HK$ 45,000 per month
reference number
shirley shao, randstad hong kong
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job description

about the company

Our client is expanding Chinese Corporate Bank with strong presence in HK. They are now looking for a Treasury Settlement VP to support the Operation team.

about the job

  • Provide day-to-day operations for back-office processing and settlements of Debt Securities, Repo, Reverse Repo transactions as well as other Treasury products such as FX/MM and OTC Derivatives transactions.
  • Familiar with IPA (Issuing and Paying Agent), Settlement Agent, and Custody functions for various debt securities in both Primary and Secondary markets
  • 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, Transaction Banking, Risk Management, FTD for resolving any operational, settlement and system issues relating to Treasury product.
  • Handle SWIFT / RTGS / PVP payments and CMU / Clearstream / Euroclear instructions within the delegated authority.
  • Perform management reporting and regulatory reporting in accordance with business units’ needs and regulatory requirements.
  • Understand and familiar with the Collateral Management process relating to Repo and Reverse Repo
  • Understand and familiar with various ISDA Definitions, 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’s 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

skills & experiences required

  • Degree holder or above with at least 5 to 10 years of relevant work experience with strong knowledge product
  • Knowledge in Fixed Incomes and Derivative of FX, Interest Rates, Equity, with minimum 2/3 years at supervisory / managerial level.
  • Good knowledge of market best practice and familiar with the Settlement Confirmation process of Treasury Products and OTC Derivatives, including experience in SWIFT, RTGS, Euroclear / Clearstream, and CMU.
  • Familiar with ISDA definitions and ISDA confirmations framework, HKTR Trade Reporting, Central Clearing, and other regulatory and compliance requirements for Treasury business.
  • Good command of written and spoken English, Chinese and Mandarin.
  • Good communication and interpersonal skills to cultivate and build a strong team; able to negotiate, persuade, influence for desirable results.
  • Good knowledge in PC application (Words, Excel).

To apply online, please click on the link below. Alternatively, for a confidential discussion please contact Shirley Shao on + 852 2232 3414 or email:


settlement, operation, reconciliation, banking, financial, RTGS, SWIFT, FX,MM, fixed income, equity


settlement, operation, reconciliation, banking, financial, RTGS, SWIFT, FX,MM, fixed income, equity

educational requirements

Bachelor Degree