The bank for a changing world

RMB Remittance Clerk

Contract

Standard / Permanent

Location

CN-31-Shanghai

Job function

OPERATION PROCESSING

Reference

FM,000040

Job Description:

Mainly perform RMB inward and outward Remittance, also back up on RMB Local Clearing and Shanghai Payment & Settlement System process, with the objective to achieve a good and effective support to other department/ business lines, to keep better compliance with requirement of local authorities and to provide good professional services to customers.   

 

Key Responsibilities:

RMB Inward & Outward Remittances through CNAPS.

-       Handle clients’ paper-based outward remittance instructions;

-       Monitor and handle clients’ outward remittances sent through e-Banking system;

-       Monitor non-STP inward remittance transaction status and manually process;

-       Monitor the nostro position auto-imported report and do manual adjustment if interface failure or items missing/rejected.

-       Investigate and respond timely on differences in the PBOC Nostro Account Reconciliation.   

-       Perform half-yearly or ad hoc self-checking as assigned by team head.

Back up Processing:

-        RMB Local Clearing process and RMB Inward and Outward Settlement through SPSS system.

 

Contributing Responsibilities:

 -       Contributes to develop innovation (bring ideas re. new processes etc.)

-       Contributes to new products development from Operations perspective.

-       Contributes to cross-selling of products from Operations perspective.

 


Job Requirement:

 

- University graduate.

- 2 years or above Foreign Bank experience on RMB Operations.

- Good command in both oral and written English.

- Familiar with local PBOC regulations on RMB Operations.

- Familiar with Local Clearing on Drafts and Checks.

- Familiar with PBOC CNAPS system processing.

- Familiar with PBOC regulations on Anti-money Laundry.