Clearing Settlement Administrator

THE COMPANY:

Our client is a leading international bank based in the City.  They are looking for a Clearing Settlement Administrator to join the team in London on a permanent basis.

THE RESPONSIBILITIES:

• Process any payments and enquires received from our clients and/or agent banks in SCMS.
• To process payments in SCMS and FOVA using knowledge of SWIFT and SWIFT formats.
• Open relevant new Vostro accounts in the system.
• Follow up the system upgrading and development of new products.
• Pass any journal entries and accruals in FOVA.
• Process the Nostro transfers.
• Keep Nostro positions.
• Preparation of monthly reports for Head Office, agent banks and Management.
• Maintenance of static data and records filing.
• Cover treasury settlement, loan, trade services, correspondence and reconciliation when required.
• 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 audit trial purpose. Must report /escalate to MLRO for potential positive hit or suspicious transaction in accordance with the Bank’s AML policy.
• Conduct daily basic CASS review operation in accordance with established “policies’.
• Other duties as assigned by Team Head.

EXPERIENCE REQUIRED:

• 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 priorities tasks and delegate when necessary;
• Accurate reporting skills;
• Good team player and be responsible for teammate actions;
• Mandarin speaker is preferable but not mandatory.

For further information please contact Eleanor Gowling