Responsibilities: 

• Check and complete the settlement on treasury products (including but not limited to fixed income, derivatives products such as bonds, coupon payment, IRS, option and FX/MM products) and related activities (including MIS and regulatory reporting) in accordance with the established procedures & risk control, bank policies & guidelines, service standards.

• Support new Treasury and Business initiatives. Identify and implement process streamlining and system improvement initiatives to achieve process excellence and cost saving.

• Participate and take lead in various projects relating to Treasury Settlement, provide user requirements, and conduct UAT where applicable.

• Monitor the Payment and Securities settlement status, liaise with counterparty for settlement issue. Reconcile securities and cash positions and follow up trade breaks / GL breaks.

• Assist team head to manage daily operations in compliance with the Bank’s standards, established procedures and guidelines, regulatory requirements, service pledge and industry cut-off time.

• Perform related duties as assigned by team head.

• Identify and implement process streamlining and system improvement initiatives to achieve process excellence and cost saving.

• Assist in ad hoc projects as required.

Requirements:

• Minimum 3 years’ working experience in banking operations, with focus on treasury settlement

• University degree in Banking, Business Administration, Finance or a related discipline preferred

• Strong knowledge of treasury products, including but not limited to fixed income, REPO, bonds, coupon payment, IRS, option and FX/MM products

• Experience and strong knowledge in eMBT/eCMT/SWIFT/RTGS

• Experience of Card transaction settlement will be an advantage

• Understanding of trade repository reporting of HKMA (“TR”) and collateral management preferred

• Strong sense of ownership and servicing mindset to ensure efficient and effective customer service processes

• Self-motivated and able to work under pressure and meet deadlines, while maintaining a positive attitude

• Strong senses of risk control and management

• Good in both written and spoken English and Chinese

• Excellent computer proficiency (MS Office – Word, Excel and PowerPoint)

Mandatory Reference Checking Scheme

Mandatory Reference Checking Scheme (MRC Scheme) may be applicable for certain relevant positions. It is a standardised reference-checking arrangement that is designed to support the integrity of "authorized institutions" regulated by the Hong Kong Monetary Authority (HKMA). Pursuant to the MRC scheme, our Bank will conduct a mandatory reference check by requesting information from each relevant former and current employer of applicants. For more details about the MRC Scheme, please visit the website of the Hong Kong Association of Banks: https://www.hkab.org.hk/en/page/5/mandatory-reference-checking-scheme-phase-2

Applicants who are not invited for an interview within the 8 weeks after submission of application may assume their applications unsuccessful.  We may review applications received for suitability for other posts within the Company. All personal data provided will be treated in strict confidence and used strictly for recruitment-related purposes only. We shall retain the personal data of unsuccessful applicants for a period of 24 months upon receipt of such application.

ZA Bank, licensed by the HKMA in 2019, is Hong Kong's first and largest digital bank. With 800,000 users as of 30 June 2024, it leads the city's digital banking sector in customer base and deposits. ZA Bank's "Community-Driven" approach actively involves users in product development, resulting in tailored financial services for individuals, SMEs, and Web3 enterprises. The bank offers a comprehensive range of services including banking, investment, insurance, and business solutions. ZA Bank continues to innovate in Hong Kong's financial landscape. It operates as a subsidiary of ZA Global, established in 2017, to explore global fintech and insurtech opportunities.