Settlement Operations Analyst - Top European Bank!

Hong Kong Island Permanent HK$30,000 - HK$35,000 per month (HK$360,000 - HK$420,000 per year)
  • International working environment
  • Personal and professional development

About Our Client

Our client is the largest bank in Spain and the 16th largest banking institution in the world. They are now looking for a Settlement Operations Analyst to join the Global Market Operations team to perform settlement operation and reconciliation for FXMM/ fixed income product for APAC markets. The bank was ranked the 5th largest bank in Europe. The team is within the first line of defence and they identify, assess, manage and report risks and controls.

Job Description

  • Responsible for day-to-day settlement operations for APAC markets to ensure timely settlement and the firm's compliant with regulatory requirements and ratio
  • Perform day-to-day core operational support functions to Front Office including trade validation of FX/MM/Bonds/OTC Derivatives/Loans
  • Perform daily reconciliation such as deals, funding and account balance
  • Ensure timely matching of FX/MM trades in IntelliMatch and resolve any discrepancies with FO or Counterparties
  • Liaise with corporate clients to agree on FX/OTC derivative settlement amounts
  • Actively update documentation of Global Markets operation process documents
  • Participate in global/local projects related to operation processes improvements, system migrations

The Successful Applicant

  • Bachelor's degree with major in business administration, accounting, finance or relevant discipline
  • 2-5 years of working experience in settlement/ reconciliation within international bank
  • Strong product knowledge in FX/MM/ OTC derivatives/ fixed income
  • Proficiency in SWIFT, RTGS, CLS and other settlement related systems is an advantage
  • Understanding of Global Markets products and processes, treasury operation and operational risk framework
  • Excellent verbal and written communication skills in English and Chinese
  • Strong communication and interpersonal skills and a great team player

What's on Offer

  • International working environment
  • Personal and professional development
  • Huge exposure and steep learning curve
  • Central working location
  • 17 days Annual Leave
Contact
Esther Liu
Quote job ref
JN-052024-6419723
Phone number
+852 3602 2485

Job summary

Function
Banking & Financial Services
Specialisation
Operations / Middle Office - Banking / Securities
Industry
Financial Services
Location
Hong Kong Island
Job Type:
Permanent
Consultant name
Esther Liu
Consultant phone
+852 3602 2485
Job Reference
JN-052024-6419723

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.