Transaction Banking Services Professional

Main Responsibilities

• Partner with Client Services team of Corporate Trust and Loans Agency for all transactions
  • Perform the checker role and duties of IPA, including but not limited to:

• Coordinate with ICSD/CMU and other Clearing House for primary closing

• Provide primary settlement support in capacity as IPA and / or Settlement Agent

• Arrange payments of the bonds proceeds to Issuer / Common Depositary for non-syndication / syndication closing

• Arrange Interest rate fixing, send rate fixing advice to relevant parties, effect coupon and redemption payments to bondholders;

• Perform the checker role and duties of Common Depository, including but not limited to:

• Liaise for the bonds closing logistics in accordance with ICSD requirement

• Collect and safe-keep the Global Certificate; report the eligibility to ICSD for electronic trading; support the mark up/down events and other corporate action events;

• Credit the primary bonds into the IPA / Settlement Agent account to kick off the primary settlement;

• Pay the issuance amount to the Issuer;

• Manage and coordinate the periodically coupon payments and principal repayments;

• Handle the bonds maturity and destroy of the Global Certificate

• Prepare daily or monthly reports for management or regulatory purpose

• Support ad hoc tasks and project UAT

  Requirements

  • Degree holder or above with good business acumen

• At least 5 years of relevant work experience with strong knowledge product knowledge in IPA and Common Depository with minimum 2 years at checker level

• Good knowledge of market best practice; familiar with the settlement & clearing process with ICSD (Euroclear and Clearstream) / CMU and other Clearing Houses

• Familiar with RF, DF, DVP, RVP, Swift MT540, MT541, MT542, MT543, MT202, MT210 as well as operations with Easyway, Creation-Online, and CMU

• Capable to lead, drive and deliver projects relating to Transaction Banking / Corporate Trust and Agency business

• Attentive to detail, strong presentation and communication skill, team player

• Strong drive and commitment, hardworking, excellent ability in problem solving, perform under pressure and deliver on schedule

• Ability to quickly learn and adapt to new environment / platforms for the business as required
  Good command of written and spoken English, Chinese and Putonghua
  Good communication & interpersonal skills to cultivate and build strong team work; able to negotiate, persuade, & influence for desirable results
  Good knowledge in PC application (Words & Excel)
  Applicants who are not contacted within 8 weeks may consider their applications unsuccessful and their personal data will be retained by the bank for a period up to two years.

All information provided by applicants will be used for recruitment purposes only and will be used strictly in accordance with the bank's personal data policies, a copy of which will be provided upon request.