Japanese speaking Back Office Clerk

A Japanese bank is now looking for a Japanese speaking Back Office Clerk who is able to start immediately to undertake the settlement of treasury transactions and prepare relevant risk and exposure monitoring reports. You will be in charge of all back-office duties such as settlements after specific deals are made and dealing with various financial products including money market deals, loans, and forex, as well as supporting their Middle Office functions.
Native level of fluency in English and business level of fluency in Japanese is required for this role.

SF46496

TYPE: Permanent, full-time
WORKING HOURS: 9:00-17:00 from Monday to Friday (Hybrid work, 3 days’ work from home/week after probational period)
SALARY: £26.6k depending on experience, plus bonus (summer & winter) depending on companies’ performance
START: ASAP
LOCATION: London

Back Office Clerk Principal Tasks:

Back office (primary role)
Settlements
• Carry out the settlement of all transactions carried out by the branch’s treasury function: Money market deals, including CDs, Securities purchases and sales, Interest rate and currency swaps, Repos, Loans, Interest rate and bond futures, Forex
• Prepare and input instructions for payments (SWIFT, PC-based systems), including expenses payments for general affairs section
• Prepare and input instructions for custodian movements (PC-based systems/SWIFT)
• Prepare and input data into the GBS (computer) system
• Monitor and reconcile reports on settlement and custody accounts; monitor intra-day movements
• Daily sanctions screening

General
• Prepare daily/monthly PC reports (treasury positions, bond portfolio)
• Open/close GBS (computer) system
• Reconcile brokerage statements and prepare payments of amounts due
• File deal tickets/confirmations, account statements, bond and swap transaction documentation, PC reports
• Process audit requests

Middle Office – support role
• Prepare regulatory returns and other internal reports
• Perform other functions relating to the Middle Office

Back Office Clerk Knowledge Requirements and Qualifications:
• Familiarity with settlement and custodian systems - CHAPS, eurocurrency payments, Euroclear
• Knowledge of relevant money market and securities products
• PC literate (Word, Excel, Lotus 1-2-3)
• Bloomberg
• Understanding of UK, EU and Japanese regulatory requirements relevant to the branch’s settlement activities, including: PRA/FCA Conduct Rules, Codes of Market Conduct, including the Bank of England’s Money Markets Code
• Money Laundering Regulations
• Native level of fluency in English and conversational level of fluency in Japanese

** All applicants must have the right to work in the UK as the Company is not able to offer visa support (Unfortunately, we don’t accept applications from YMS, Student, and Graduate Visa holders).