Executive, Settlement

Bangkok Bank Berhad; Kuala Lumpur; On-site; MYR 72,000 - 108,000; Full time

Job summary

Bangkok Bank Berhad in Kuala Lumpur is seeking a Treasury back office professional to support account opening, settlement and compliance processes, ensuring accurate capture and authorization of Treasury deals.

You will review correspondence, manage Vostro accounts, verify SWIFT details, and ensure timely processing of confirmations and payments while adhering to Bank Negara Malaysia regulations.

Qualifications

• Degree or minimum a Diploma in Banking/Finance.
• 1–2 years' experience in Treasury back office or settlement.

Responsibilities

• Handle branches account opening and maintenance.
• Check and ensure Treasury deals are captured, authorized and accounted with policy compliance.
• Ensure Treasury deals are performed on a timely basis.
• Annual review of existing Correspondent Banks and the RMA.
• Handle Vostro Account for Bangkok Bank Berhad branches.
• Provide an independent check on Treasury activities for proper authorization.
• Ensure SWIFT details are correct.
• Process inward and outward confirmations of Treasury deals.
• Process receipt and payment of funds including settlements.
• Check deals do not exceed approved limits; report exceptions.
• Adhere to Bank Negara Malaysia and Bank of Thailand regulations; other duties as assigned.

Skills

Treasury back office

Settlement operations

Financial compliance

Education

Degree or Diploma in Banking/Finance

Job description

Handling branches account opening and maintenance

Check and ensure that all the Treasury deals including FX, MM, Bonds, NID deal, and other transactions are correctly captured, properly authorized and accounted for with compliance to the established policies, guidelines and procedures.

Ensure all Treasury deal, both receipt and payment, are performed on timely basis.

Annual review of existing Correspondent Banks and Relationship Management Application (RMA)

Handling of Vostro Account for BBL branches

Providing an independent check on Treasury Department's activities to ensure that all deals are correctly captured, properly authorized and accounted for with compliance to the established policies, guidelines and procedures.

Ensuring details of the SWIFT message are correct.

Processing of inward and outward confirmations of Treasury deals.

Processing of both receipt and payment of fund including mode of settlements and deliveries.

Check trade deals done by the treasury dealers do not exceed limits approved by the management. Any exception shall be reported immediately to Head of Settlement.

Other Functions and Responsibilities: -

Abide by the requirements of Bank Negara Malaysia and Bank of Thailand, especially the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act, 2001.

Any other duties as assigned by Management Committee, CEO, DCEO/COO, HOO, HOD and immediate supervisor.

Qualifications and Experience: -

Degree or minimum a Diploma in Banking/Finance

At least 1 or 2 years' experience in Treasury back office or settlement is required.

Bangkok Bank Limited, Kuala Lumpur Branch opened its door for business on 23 January 1959 offering a full range of commercial banking services.

On 20 May 1993, Bangkok Bank Limited, Bangkok ("Parent Bank") changed its status to a public company required by the Securities & Stock Exchange Act, Thailand and thus, the Parent Bank became known as Bangkok Bank Public Company Limited, likewise the Kuala Lumpur Branch.

In compliance with Bank Negara Malaysia's requirement on all foreign banks to be locally incorporated, Bangkok Bank Berhad (“BBB”) was incorporated on 12 May 1994 to take over the whole operations of Kuala Lumpur Branch of Bangkok Bank Public Company Limited.

BBB is a wholly-owned subsidiary of Bangkok Bank Public Company Limited with an authorized and paid up share capital of RM1 Billion. The principal activities of BBB are banking and related financial services.

BBB has only one subsidiary which is BBL Nominees (Tempatan) Sdn Bhd. The principal activity of the subsidiary is provision of nominees services.

Bangkok Bank Limited, Kuala Lumpur Branch opened its door for business on 23 January 1959 offering a full range of commercial banking services.

On 20 May 1993, Bangkok Bank Limited, Bangkok ("Parent Bank") changed its status to a public company required by the Securities & Stock Exchange Act, Thailand and thus, the Parent Bank became known as Bangkok Bank Public Company Limited, likewise the Kuala Lumpur Branch.

In compliance with Bank Negara Malaysia's requirement on all foreign banks to be locally incorporated, Bangkok Bank Berhad (“BBB”) was incorporated on 12 May 1994 to take over the whole operations of Kuala Lumpur Branch of Bangkok Bank Public Company Limited.

BBB is a wholly-owned subsidiary of Bangkok Bank Public Company Limited with an authorized and paid up share capital of RM1 Billion. The principal activities of BBB are banking and related financial services.

BBB has only one subsidiary which is BBL Nominees (Tempatan) Sdn Bhd. The principal activity of the subsidiary is provision of nominees services.