Remittance Officer / Manager - 12 month contract

OCBC Bank (Hong Kong) Limited; Hong Kong; Hybrid; HKD 400,000 - 560,000; Full time

Benefits offered by this job

Competitive base salary

Holistic benefits

Learning and development opportunities

Supportive team environment

Community initiatives

Job summary

OCBC Bank (Hong Kong) Limited seeks a Remittance Specialist to manage input/output remittance transactions and ensure compliance with AML procedures. You will handle multiple channels, prepare operational reports, and support interbank settlements while delivering prompt customer service.

The role requires English and Mandarin proficiency, banking remittance experience, and the ability to work under pressure in a dynamic environment. Competitive salary and benefits offered.

Qualifications

• Typing and communication skill.
• Familiar with Remittance operational procedures, bank policies for manager role.
• Hardworking and able to work under pressure.
• Proficiency in both English and Mandarin.
• At least 1 year’s banking experience; 3 years remittance experience for manager role.

Responsibilities

• Process and input outward remittance applications from multiple submission channels.
• Handle inward remittance transactions and related posting in systems.
• Prepare daily/monthly reports for management review; ensure AML compliance.
• Distribute notices from HKICL, HKMA and SWIFT to departments; assist on testing for payments initiative.
• Provide prompt responses to customer inquiries and perform balance inquiries as needed.

Skills

Typing

Communication

English

Mandarin

Banking experience

Remittance knowledge

Tools

Inward Remittance System (IRS)

Job description

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

Process and input outward remittance applications from different submission channels, included by not limited to: ebank, branches, WFI/OneCapture, other internal departments, intermediate payment from corresponding banks, including instructions from OCBC Macau. Handle input of Inward Remittance transactions via Inward Remittance System (IRS) for credit payments and intermediate payments Handle inward and outward clean bills collection Handle account posting under Deposit Teller System Handle time-deposit instructions. Receive remittance applications and funds settlements (for charges) from customers / Relationship Managers for remittance services and obtain exchange rate (with due from reference) from Treasury Division. Ensure the Rate Book and Due From have been used up properly at day end. Verify the identification and perform encashment over the counter to presenters of Foreign Bank drafts if any. Handling of Violation Detection transactions at AML (included false hit release) and follow-up any suspicious items including Money-Laundering and Sanctioned / High Risk Countries activities with AML/CFT Compliance Officer. Perform Charges Claim upon receipt of the claim and from the Paying / Correspondent Banks. Handling investigation and irregular remittance items including follow up with other units / customers / relevant external parties on instruction disposal decision. Prepare daily / monthly reports for management review and filing of daily transaction and day end reports. Distribute the Circulars/Broadcasts received from HKICL, HKMA and SWIFT to other departments. Transaction records/documents filing and arrange to the godown for off-site retention as scheduled. Participant and support on requirement collection and system testing for initiative on payment business.

Client Servicing

• Provide prompt and courteous response to customers’ inquiries and complaints over counter/phone with positive problem-solving capabilities.
• Handling enquiries from customers on remittance services
• Perform Balance Inquiry and print savings passbook for OCHK customers if necessary.

Requirements

Typing and communication skill. Familiar with Remittance operational procedures, bank policies for manager role Hardworking Proficiency in both English and Mandarin Capable to work under pressure At least 1 year’s banking experience 3 years banking experience in remittance for manager role

What we offer:

• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.
• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
• Let’s build the bank we need for the future we want.
• Find the best version of yourself in a friendly, supportive team.
• Build lasting value in your community.
• Help people grow their assets, business, and investments.
• Take your learning as far as you can.
• Or simply enjoy a vibrant, future-ready career.
• Your Opportunity Starts Here

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best‑in‑class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.