Team Member, Remittance

RHB Group

Kuala Lumpur

On-site

MYR 60,000 - 90,000

Full time

3 days ago
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Job summary

RHB Banking Group in Kuala Lumpur is seeking a detail-oriented Team Member, Remittance to join our Investment Banking Operations team. You will execute and process daily transactions, ensure accuracy, and comply with Bursa guidelines and regulatory requirements while supporting payment processing, settlements, reconciliations, and client servicing.

Your responsibilities include processing equity payments, currency transfers, and trade-related payments, performing daily settlement and journal

Qualifications

  • Bachelor’s Degree or professional qualification from a government-recognized institution.
  • 1–3 years of relevant banking/financial operations experience.
  • Good analytical and detail-oriented mindset with accuracy.
  • Strong communication and interpersonal skills; proficient in MS Office.

Responsibilities

  • Process daily operational transactions accurately within timelines.
  • Execute equity payments, currency transfers, nominees transactions, and trade-related payments.
  • Ensure client payments are processed according to instructions and documents.
  • Verify supporting documents before cheque issuance, IBG, TT, and other payments.
  • Perform daily settlement and reconciliation for local/foreign trades, brokers, and offices.
  • Process and monitor back-office journal entries in the system.
  • Maintain records, filing systems, and operational documentation.
  • Attend to inquiries from clients, DRs, branches, banks, and regulators.
  • Support regulatory reporting and participate in UAT and process improvements.
  • Ensure compliance with controls, policies, and service standards.

Skills

Attention to detail
Analytical skills
MS Office
Communication skills

Education

Bachelor's degree or professional qualification

Tools

Back-office system

Job description

We are seeking a detail-oriented and motivated Team Member, Remittance to join our Investment Banking Operations team. In this role, you will be responsible for executing and processing daily operational transactions accurately, efficiently, and within stipulated timelines while ensuring compliance with internal procedures, Bursa guidelines, and regulatory requirements. You will play a critical role in supporting payment processing, settlement activities, reconciliations, client servicing, and operational controls to ensure smooth day-to-day business operations.

What You Will Be Doing

  • Process daily operational transactions accurately and within stipulated timelines in accordance with internal procedures and Bursa guidelines
  • Execute equity payments, foreign currency transfers, nominees transactions, and trade-related payment processing efficiently
  • Ensure all client payments are processed accurately based on approved instructions and supporting documentation
  • Verify the completeness and validity of supporting documents prior to cheque issuance, IBG, TT, and other payment transactions
  • Process trust withdrawals, margin withdrawals/deposits, and nominees dividend payments in a timely and accurate manner
  • Perform daily settlement and reconciliation activities for local and foreign trades, brokers, custodians, and regional offices
  • Process and monitor trade-related journal entries within the back-office system accurately
  • Maintain proper records, filing systems, cheque control records, and operational documentation, including offsite storage management
  • Attend to operational enquiries from clients, Dealers' Representatives (DRs), branches, banks, Bursa Malaysia, and regulators professionally and effectively
  • Support regulatory reporting requirements, including Bursa Derivatives reporting and other compliance-related submissions
  • Participate in User Acceptance Testing (UAT), process improvement initiatives, system enhancements, and other ad-hoc assignments
  • Ensure compliance with operational controls, internal policies, regulatory requirements, and service standards at all times
  • Contribute towards continuous improvement of internal processes, controls, and operational efficiency

What We're Looking For

  • Bachelor’s Degree or professional qualification from an institution recognized by the Government of Malaysia
  • Minimum 1–3 years of relevant working experience, preferably within banking, securities, stockbroking, remittance, or financial services operations
  • Good analytical skills with sound knowledge of the securities and futures industry
  • Strong attention to detail and commitment to accuracy
  • Excellent communication and interpersonal skills
  • Proficient in Microsoft Office applications
  • Strong problem-solving and critical-thinking abilities
  • Ability to respond confidently to operational and customer-related enquiries
  • Patient, service-oriented, and able to actively listen and understand different perspectives
  • Ability to work independently while collaborating effectively with stakeholders across the organization
  • Experience in settlement, payment processing, reconciliation, and operational control functions will be an added advantage

What We Offer

At RHB Banking Group, we are committed to fostering a collaborative and inclusive work environment that empowers our employees to reach their full potential. We offer competitive remuneration, comprehensive benefits, and ample opportunities for professional development and career growth.

RHB Banking Group is a leading regional financial services provider headquartered and listed in Malaysia. Established in 1913, we offer comprehensive banking solutions across retail, business, corporate, and Islamic banking. With a strong presence in Malaysia and nine ASEAN countries, we are committed to delivering simple, fast, and seamless experiences. Guided by our brand promise, Together We Progress, we continue building a sustainable and inclusive future with our customers and stakeholders.

RHB Banking Group is a leading regional financial services provider headquartered and listed in Malaysia. Established in 1913, we offer comprehensive banking solutions across retail, business, corporate, and Islamic banking. With a strong presence in Malaysia and nine ASEAN countries, we are committed to delivering simple, fast, and seamless experiences. Guided by our brand promise, Together We Progress, we continue building a sustainable and inclusive future with our customers and stakeholders.

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