Treasury Settlement Officer

5 days ago


Singapore TANGSPAC CONSULTING PTE LTD Full time

Job Overview:

TANGSPAC CONSULTING PTE LTD is seeking a highly skilled Treasury Settlement Officer to join our team in Raffles Place.

Key Responsibilities:

  • To verify and process FX deals entered in the OPICS system by dealers, ensuring accuracy and completeness.
  • To ensure source documents and deal tickets are properly approved and initialled.
  • To update and record daily transactions in fund position management.
  • To maintain records of outstanding and matured deals.
  • To prepare SWIFT messages for outgoing transactions.
  • To perform daily Nostro reconciliation.
  • To check and match counterparty confirmations.
  • To monitor cash flow position and work with the Treasury Division.
  • To prepare and submit MAS reports.
  • To process new deals and MTM transactions.
  • To check dealer blotter at the end of the day.
  • To open, create, and maintain accounts for Internet Banking customers.
  • To participate in system enhancements and projects related to settlements and internet banking.
  • To attend queries from Head Office, auditors, and other departments.
  • To mentor new hires in treasury settlements products and procedures.
  • To ensure proper filing and recording of long past treasury settlement documents.

Requirements:

  • Bachelor's degree or higher with at least 3 years of experience in treasury settlement and clearing process.
  • Good understanding of various treasury products, such as Money Market, Foreign Exchange, Security/Bonds, derivative products, etc.
  • Strong understanding and experience in swift operations, able to process remittance transactions.
  • Knowledge of accounting entry, AML checking, and MAS reporting.
  • Knowledge of corporate customer internet banking.
  • Meticulous, careful, positive, and responsible individual with good communication skills.
  • Able to work independently and have knowledge of Mandarin is an added advantage.

Estimated Salary: $5,000 - $6,000 per month



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