Assistant - Payments & Reconciliations (Exchange Business Services)

About the role

Clearing & Payments department supports the Bank in a back office capacity, supporting the bank's operational processing for various banking products, working with retail branches and Front office teams to support London Branch and Subsidiary customers. As an Assistant - Payments & Reconciliations (Exchange Business Services), you will play a key role in ensuring the Bank meets its obligations as a clearing member and settlement bank. You will support with day-to-day operations and contribute to system testing and upgrade activities.

Key responsibilities

• Ensure all daily tasks within Exchange Business Services are processed accurately and on time, and in line with client and counterparty expectations
• Perform reconciliations, support payment processing activities, manage collateral, calculate collateral requirements for the Bank and its clients, and book trades into internal systems
• Carry out RMB clearing business in extended service hours
• Assist in the preparation and periodic review of standard operating procedures for CCP and Settlement Bank Services
• Participate in User Acceptance Testing (UAT), functional testing, and the implementation of system updates
• Support the resolution of issues identified during daily operations
• Prepare business statistics (MI) for team and department
• Be responsible for daily record keeping and filing
• Liaise with other institutions within the group and related external third parties
• Assist with projects where required
• The role requires working a shift pattern, including 07:30-15:30, 9:00-17:00, and 14:00-22:00, including some bank holidays

Requirements

• Degree educated in Finance, Economics, Accounting or other relevant subject
• Reconciliation and Payments experience within the Financial Services industry
• Knowledge of Murex, RTGS payment systems, SWIFT, treasury products, and CCP portals
• Familiarity with risk management, including collateral management workflows
• Good numeracy skills
• Good analytical and problem solving skills
• Excellent communication skills
• Fluency in Mandarin is preferred
• Proficient in MS Office (Word, Excel, PowerPoint, Access)
• Attention to detail
• Team player with good interpersonal skills
• Highly organised

Working here

Having a presence in the UK for more than 90 years, [Employer hidden — sign up to reveal] London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the [Employer hidden — sign up to reveal] Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.

Learning and Development

We strive to offer you a continuous learning environment and we will invest in your development. We provide personalised and varied learning tools to support your growth and career through:

• access to the best in class qualifications from leading professional bodies such as the Professional Bankers Certificate and Green & Sustainable Finance Certificate from the Chartered Banker Institute
• 24/7 on-demand access to over 600 e-tutorials to build and refresh core and advanced banking knowledge
• regular pan-bank stay connected sessions to keep in touch with what is going on across the bank and build your network
• exploring your unique and collective strengths and development areas to become the best version of yourself using the globally renowned Insights personality profile
• developing our People Managers to help coach and guide you towards success, through our 9-month People Manager Development Programme
• encouraging a “growth” personal mindset and promoting continuous professional development (CPD) through annual events such as Learning at Work Week
• embracing change in a fast-moving industry and encouraging a forward-looking perspective on career development to “future-proof” your career
• promoting cross cultural intelligence and to seek out diverse and inclusive perspectives on challenges faced and their solutions

Benefits

We provide an attractive and comprehensive benefits package, offering flexibility that can enable you to select the benefits that suits your needs, including: Private Healthcare, Pension, Employee Assistance Programme, Complimentary Lunch, Cycle to work scheme, Retail Discounts.

Meet our People

Testimonials from employees: Celine Luo (Assistant Vice President, Financial Crime and Compliance), Daniel Shulakov (Senior Associate, Credit Management), Rita Cobbold (Vice President – Head of Customer Due Diligence), Ashley Watson (AVP – Security Operations & Risk Manager, General Administration). All mention the positive environment at [Employer hidden — sign up to reveal].