Remittance Officer / Manager - 12 month contract

OCBC; Hong Kong; On-site; HKD 300,000 - 550,000; Full time

Job summary

OCBC Hong Kong is seeking an experienced Remittance Specialist/Manager to join our client service and payments team. The role focuses on processing outward and inward remittance transactions, ensuring accuracy and regulatory compliance.

You will work with AML/CFT controls, interact with branches and customers, and prepare daily and monthly reports. Fluency in English and Mandarin and 1–3 years banking remittance experience are required.

Qualifications

• Typing and communication skills; familiar with remittance procedures.
• Fluent in English and Mandarin.
• Able to work under pressure.
• At least 1 year of banking experience; 3 years remittance experience for manager role.

Responsibilities

• Process outward remittance applications from multiple channels incl. ebank, branches, and internal departments.
• Handle inward remittance transactions via IRS for credit payments and intermediate payments.
• Manage inward/outward clean bills collection and account postings under Deposit Teller System.
• Handle time-deposit instructions and currency exchange references.
• Perform AML checks, report suspicious activity in coordination with AML/CFT Compliance Officer.
• Prepare daily/monthly reports for management review and filing of transactions and day-end reports.

Skills

Typing

Communication

Remittance procedures

English and Mandarin

Work under pressure

Banking experience

Tools

Remittance systems

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.