Public Bank

Assistant Manager - Remittance & Settlement

Public Bank
Full Time
Intermediate (3-6 years)
Upper Secondary / IB / A Level / NVQ

Technical Skills

  • FX
  • Processing Banking Transactions
  • Settlements

Job Description

Assistant Manager - Remittance & Settlement

  • Assist to oversee daily operation of Remittance and Settlement Team
  • Assist to lead the team and ensure all processing transactions comply with regulatory requirements in a timely manner
  • Responsible for handling of all FX/MM transactions, Inward and Outward Remittances
  • Review and verify SWIFT/SWIFTNet messages, ITT, OTT, Debts Securities and FX/MM transactions
  • Require close collaboration with Treasury to perform FX position control and FRCD dealing
  • Advise receipt of remittance to and obtain disposal instruction from Account Officer
  • Trace problematic payment orders from Correspondent Banks as well as to follow up outstanding and irregular transactions
  • Secondary education with 5 years of relevant experience in banking industry
  • Good knowledge in PC applications