Manager (Settlement Division)
Operations Department
About the Bank:
China Construction Bank (DIFC Branch) (CCB DIFC) is a branch of China Construction Bank Corporation. CCB DIFC Branch, holding a Category 1 license, carries out banking business in or from the DIFC. CCB DIFC intends to continue increase its relationships with the Chinese Clients and actively engage in expanding its business offerings in the MENA region to local government, sovereign entities and corporates participating in Sino-UAE economic and trade activities also.
Duties
- For supporting Treasury and CB&FI，
-Prepare SWIFT’s outgoing messages, confirmations, payments, etc., in respect of all deals/trades not generated by OPICS/GMPS.
-Respond professionally to existing and potential customers’ queries on products and services provided by the bank and, in case of doubt, always refer the superiors.
-Keep proper records of all transactions to ensure all live and matured transactions are kept according to our record retention policy.
- For supporting Treasury,
-Check and verify all transactions entered in the OPICS and NGS systems via Kondor+ or POMS by the dealers with proper authorization and approval.
-Check and review the availability of funds in the projected cashflow report to ensure funds are available for settlement of transactions.
-Check all outgoing messages being correctly generated and sent with ACK．Check and match incoming counterparties confirmations from SWIFT to ours and other sources to ensure correctness.
- For supporting CB&FI,
-Prepare and verify non-treasury-related payments to ensure the payments are approved and processed in accordance with procedure.
-Check and process all loans & other trade finance products and services efficiently to the satisfaction of the customers.
-Monitor Inactive & Dormant Accounts as per the dormant account handling procedure set out in operations manual, and report any activities to HOD.
- Review all SWIFT MT950 statements daily to ensure that all expected receipts and payments are correctly posted in the statements and any returned funds, unadvised credits and un-authorised debits are followed up immediately with the respective departments.
- Update management of exception of discrepancies of transactions, if any, and to ensure they are followed up and resolved in a timely manner.
Requirements:
-University graduate or above;
-Professional qualification holder in Banking;
-3 years and above bank working experience;
-Preferably bi-lingual in communication ( Chinese and English );
-Preferably has 4 to 5 years of working experience in treasury and loan operation;
-Has a strong technical and product knowledge in processing the various Treasury products, i.e. Foreign Exchange (Spot, Forward and Swaps ), Money Market, Interest Rate Swaps, Bonds and Repos;
-Has strong knowledge and understanding of SWIFT operation;
-Has processed and handled various types of SWIFT messages, i.e. MT103,199,202,210,300,320,542,543 and 799, 950 messages;
-Has performed reconciliation of Bond holdings against custodian account;
-Has experience in handling both inward and outward remittances;
-Preferably has good understanding and worked on market recognized Treasury back office systems, i.e. Kondor+, OPICS or Wallstreet etc;
-Experience in the handling of trade finance products and operation would be an added advantage.
Work Location
DIFC, Dubai
Apply the Job
The job opening will be valid until June 30, 2019. If you are interested in this job and have full confidence that you are suitable for this Job, please forward your CV and Salary Expectation (Mandatory) to our email address:
hr_admin@ae.ccb.com
Your CV will be handled confidentially and cautiously.
Please note only shortlisted candidate will receive the call from us.
