Assistant Vice President, Global Markets Operations, Technology & Operations
Posting Date : 01-Sep-2022 Location :
Company : UOB Hong Kong
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America.
In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices.
Our history spans more than 80 years. Over this time, we have been guided by our values Honorable, Enterprising, United and Committed.
This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.
About the Department
The Technology and Operations function is comprised of five teams of specialists with distinct capabilities : business partnership, technology, operations, risk governance and planning support and services.
We work closely together to harness the power of technology to support our physical and digital banking services and operations.
This includes developing, centralising and standardising technology systems as well as banking operations in Singapore and overseas branches.
Monitor and Investigate the FMF hits (the AML alert system)
Prepare regular reports and submit to Finance HK, Local and Head Office management, e.g. Basel report, monthly statistics report and brokerage reconciliation etc.
OTC Derivatives Trade Reporting to HKMA on daily basis and investigate any unlinked transactions from counterparties
Manage the daily intra-day fund flow thru RTGS system and Nostro / Suspense reconciliation
Provide following settlement support to Global Markets and all business segments for all GM product, including but not limited to foreign exchange, money market, capital market, derivatives and new products launched by GM Monitor the customer limit Checking of payments, accounting entries, trade confirmations, fixing advices, monthly statements, valuation reports etc
Compliance with Regulatory and Internal Audit Requirement
Provide supervision on day-to-day settlement and operational support for products including but not limited to FX, interest rates, fixed income, etc
Handle enquiries and liaise with counterparties, Front Office and Head Office counterparts for settlement issues related to Treasury transactions
Product standard operation procedures
Process optimization for operational efficiency and cost effectiveness
Ad Hoc Project or Job Assigned by People Leader
University education in business administration, banking or finance-related discipline
Minimum 6 years’ relevant experience in operations sector, of which at least 2 years of management experience
Hands-on experience with Global Markets Operations processes
Knowledge about the related market infrastructure, industry norms, central clearing & risk mitigation regime, clearing and settlement mechanism on both local and international depository platforms, default penalties, common tax rules, usage of ISDA / CSA / GMRA, collateral management, etc
Willing to learn, able to work independently and effectively under pressure arisen from workload and time constraints
Knowledge of SWIFT, RTGS (eMBT / eCMT) usage is a must
Proficient in Microsoft application, VBA is preferred
Proficiency in English, Chinese and Mandarin