Section Head, Treasury Transaction Settlement

Bank of Communications Hong Kong Branch; Hong Kong; On-site; HKD 900,000 - 1,200,000; Full time

Job summary

Bank of Communications Hong Kong Branch is seeking a Section Head to oversee treasury transaction settlement, monitor trade verification, and support collateral management activities for a range of treasury products. You will ensure accurate margin monitoring and collateral movement, and review regulatory reporting.

The role requires a HKQF Level 5 degree and at least five years in banking, with strong knowledge of FX, money market instruments, bonds, IRS, and OTC derivatives.

Qualifications

• Degree holder in related discipline or equivalent qualifications at HKQF level 5; minimum 5 years’ relevant banking experience.
• Experience with treasury products (FX, MM, BOND, IRS) and OTC derivatives is preferred.
• Proficient with SWIFT and RTGS; strong PC skills including MS Word and MS Excel; Chinese word processing.
• Strong written and spoken English and Chinese; Putonghua is a plus.
• Good interpersonal skills, teamwork, initiative and independence.

Responsibilities

• Monitor the trade verification and operation support of various treasury products
• Review collateral management by preparing reports, monitoring margin calls and collateral movements
• Review transaction reporting to comply with regulatory requirements
• Participate in systems development and testing when needed
• Handle inquiries from front desk, counterparties and clients
• Assist in ad-hoc duties and projects

Skills

Treasury product knowledge

FX

MM

BOND

IRS

OTC derivatives

SWIFT

RTGS

MS Word

MS Excel

Chinese Word Processing

English

Education

HKQF Level 5 degree

Tools

SWIFT system

RTGS system

Microsoft Word

Microsoft Excel

Chinese Word Processing

Job description

Section Head, Treasury Transaction Settlement

Monitor the trade verification and operation support of various treasury products

Review the collateral management by preparing relevant reports, monitoring the status of margin calls and preparing collateral movement for certain products

Review transaction reporting according to regulatory requirement

Participate in systems development and testing when needed

Handle inquiries from front desk, counterparties and clients

Assist in any ad-hoc duties and projects

Requirements:

Degree holder in related discipline or equivalent qualifications at HKQF level 5, with minimum 5 years’ relevant experience in banking industry

Sound knowledge of treasury products(e.g. FX, MM, BOND, IRS); knowledge of OTC derivatives is preferred

Sound knowledge in SWIFT, RTGS and Good PC skills including MS Word, MS Excel and Chinese Word Processing

Good command of written and spoken English and Chinese, fluency in Putonghua is an advantage

Good interpersonal skills, teamwork, independent and proactive

ECF achievement is the definite advantage

"Data held by the Bank relating to employment applications will be kept confidential and used only for consideration of applications. The bank may also refer suitable applicants to other vacancies within the Group. All personal data of unsuccessful applicants will be destroyed after the recruitment exercise. A copy of Personal Information Collection Statement is available upon request."

Bank of Communications (Hong Kong) Limited (“Bank of Communications (Hong Kong)”) is a wholly owned subsidiary of Bank of Communications Co., Ltd., which provides personal banking, corporate banking and private banking services through 43 outlets, 4 business services centres and its private banking centre in Hong Kong.

With extensive network across the city, Bank of Communications (Hong Kong) has set up 37 wealth management service centres in its outlets that offer BComBEST customers a full range of professional banking services to address their needs at every life stage. Our business services centres work alongside enterprises to help facilitate the daily operation and explore business opportunities by providing integrated banking solutions. Bank of Communications (Hong Kong) serves premium private banking customers through a comprehensive array of personalised banking solutions. Customers can easily access to our integrated wealth management services no matter where they are.

Bank of Communications (Hong Kong) Limited (“Bank of Communications (Hong Kong)”) is a wholly owned subsidiary of Bank of Communications Co., Ltd., which provides personal banking, corporate banking and private banking services through 43 outlets, 4 business services centres and its private banking centre in Hong Kong.

With extensive network across the city, Bank of Communications (Hong Kong) has set up 37 wealth management service centres in its outlets that offer BComBEST customers a full range of professional banking services to address their needs at every life stage. Our business services centres work alongside enterprises to help facilitate the daily operation and explore business opportunities by providing integrated banking solutions. Bank of Communications (Hong Kong) serves premium private banking customers through a comprehensive array of personalised banking solutions. Customers can easily access to our integrated wealth management services no matter where they are.

Researching careers? Find all the information and tips you need on career advice.