First Level Executive, Treasury Settlement | Finance Dept.

Bank Negara Malaysia; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading central bank in Kuala Lumpur is seeking to fill a role in treasury operations. This position involves managing treasury settlement processes and ensuring compliance with regulations, alongside valuing collateral and preparing insightful reports for management. Candidates should have a recognized degree in Finance or Accounting, with prior experience in treasury operations being an advantage.

Qualifications

• Recognised degree or professional qualifications in Finance or Accounting.
• Prior experience in treasury operations preferred.

Responsibilities

• Manage treasury settlement operations to ensure timely and accurate settlement.
• Perform daily collateral valuation and resolve any disputes.
• Process corporate actions related to investments accurately.
• Prepare management reports and insightful analysis for decision making.
• Develop settlement infrastructure for new monetary policy instruments and markets.
• Adhere to internal controls and improve processes.

Skills

Treasury operations knowledge

Risk management

Analytical skills

Education

Degree in Finance or Accounting

Postgraduate degree

Job description

ROLE PURPOSE

Perform the treasury settlement operations function to support the achievement of the Bank’s reserves and funds management as well as monetary policy implementation strategic outcomes.

PRINCIPAL ACCOUNTABILITIES

Treasury Settlement Operations

• Manage the treasury settlement operations in accordance with international/RENTAS market standards, rules and regulations as well as internal policies and procedures to ensure that all treasury transactions are settled and accounted for timely and accurately. Any settlement issues should be managed effectively to safeguard the Bank’s interest at all times.
• Keeping abreast with the on-going market development and assess the impact and incorporate the change(s) in rules, standards and laws into the Bank’s processes and procedures.

Collateral Management

• Perform daily valuation of collateral, issuance of margin notification to counterparties and settlement instruction for settlement of margin. Any dispute between the Bank and counterparty is to be resolved timely as per the agreement including approval on the exception.

Corporate Actions Management

• Process all corporate actions relating to the investment of the Bank/other entities managed by the Bank and monetary policy instruments timely and accurately.

Treasury Accounting & Reporting

• Ensure all treasury transactions are accounted for timely and accurately in accordance with the prescribed accounting treatment as established by the Bank.
• Prepare management and operational reports for relevant stakeholders by providing accurate and timely information as well as insightful analysis to facilitate effective decision making by the stakeholders.

Treasury Settlement Infrastructure and Development

• Execute the development of settlement infrastructure and ensure readiness to support the implementation of new monetary policy instruments, investment in new markets/products, development of financial markets in Malaysia and bilateral/regional arrangement with other central banks.

Risk Management and Controls

• Adhere to all internal controls and compliance requirements and undertake regular review for process improvement to ensure strong internal controls and robust risk management within treasury settlement operations.
• Escalate all exceptions as per the Treasury Operations Internal Guidelines. All issues must be assessed and gaps if any to be addressed though controls/process improvement where applicable.
• Implement the Business Continuity Plan for treasury operations to ensure that the department is able to resume its critical business functions in the event of crisis in safeguarding the interest of the Bank.

QUALIFICATIONS

Academic Qualifications

A recognised degree or professional qualifications in Finance or Accounting. A post graduate degree would be an added advantage.

Experience

Prior experience in treasury operations would be an added advantage.