Ref: 22598
Job Title: Clearing Settlement Administrator - Banking
The Skills You’ll Need: English fluent.Payment/clearing process, trade services and SWIFT experiences within banking.
Your New Salary: Competitive Depending on experience
Fully Office Based
Perm
Start: ASAP
Reports to: Team Head
Clearing Settlement Administrator - What You’ll be Doing Each Day:
*Process all correspondence payment instructions received from both internal and external clients of the Bank including agent banks in SCMS.
*Apply sound knowledge of Faster Payment, CHAPS, SWIFT MT format messages and ISO20022 SWIFT XML format messages when processing payment instruction in SCMS and FOVA.
*Actively monitor outstanding payment items and follow up with FCP compliance team on outstanding investigation. Engage and liaise with Nostro and Vostro Agent to address and resolve outstanding issues.
*Perform Vostro accounts opening and closing in system.
*Input accounting journal entries including interest, fees and charges in FOVA.
*Maintain and report daily Nostro positions to Funds Position Keeper.
*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 trail 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’.
Clearing Settlement Administrator - The Skills You’ll Need to Succeed:
*Payment/clearing process, trade services and SWIFT experiences within banking.
*Previously dealt with client transactions and any Mastercard/Visa payments.
*Previously monitored fund movements and update the position for both incoming and outgoing payments.
*Previously dealt with any internal Compliance enquiries and queries.
*Good Microsoft Office skills.
Job status: Permanent
Start date: ASAP
Working hours: 9 to 5 with flexibility when necessary.
Working style: Fully office based
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