Senior Treasury Officer

6 days ago


Singapore TANGSPAC CONSULTING PTE LTD Full time

Job Title: Senior Treasury Officer

 

About the Job

TANGSPAC CONSULTING PTE LTD is seeking a highly skilled and experienced Senior Treasury Officer to join our team. The ideal candidate will have a strong background in treasury settlement and clearing processes, with excellent knowledge of local clearing systems such as MEPS+. They should also possess good understanding and knowledge of various treasury products, including Money Market, Foreign Exchange, Security/Bonds, and derivative products.

 

Responsibilities
  • To check and verify deals entered in the OPICS system by dealers are correct. To key in customer FX deals in NGS.
  • To ensure source documents and deal tickets passed from dealers are properly approved and initialled.
  • To update and record daily transactions in fund position management in the u drive.
  • To keep outstanding (live) and matured deals and reports in their respective designated files.
  • To prepare SWIFT's outgoing messages, confirmations, payments, etc, in respect of these deals or other Departments' requests i.e. expenses payments from Accounting Dept.
  • To perform daily Nostro reconciliation.
  • To print, thoroughly check and ensure that the assigned reports are correct and highlight irregularities, if any, to Senior Manager, Settlement promptly for further action.
  • To check and match counterparty's confirmation.
  • To ensure that all cash flow position is clearly monitored and managed in conjunction with the Treasury Division.
  • To prepare and submit MAS reports i.e. MAS755 (weekly), MAS610 (monthly) and other reports to Head Office upon requirement.
  • To prepare and submit FX new deals, IRS new deals, CCS new deals, FX MTM Transactions, IRS MTM Transactions and CCS MTM Transactions daily to MAS via DTCC through Trace.
  • To check the dealer's blotter at the end of the day to ensure all deals are processed and captured in OPICS system.
  • To process opening, creation and maintenance of accounts and support for Internet Banking's customers.
  • Lead and participate for any system enhancement/testing/projects related to Settlements / Internet Banking assigned by Section Head, Settlement Operations or Head/Deputy Head of Operations.
  • To attend adhoc queries from Head Office, External / Internal auditor, Compliance, Business departments (Trade Finance, Corporate Banking, Treasury, Private Banking, etc.), Nostro Agents or other government authorities if any.
  • To mentor and train new hirer (Settlement) for familiarisation of the handling of Treasury Settlements products (FX/MM/NDF/lRS/Securities etc), monitoring of cash flow position, Nostro Accounts balancing etc.
  • To ensure all the long past treasury settlement documents are properly filed & record and sent to warehouse (CISCO) for safekeeping.

 

Requirements
  • Bachelor or higher qualification, has at least 3 year experience in treasury settlement and clearing process, being familiar with local clearing systems, i.e. MEPS+.
  • Good understanding and knowledge in various treasury products, e.g. Money Market, Foreign Exchange, Security/Bonds, derivative products, etc.
  • Strong understanding and experience in swift operations, able to process remittance transaction.
  • With knowledge of accounting entry, AML checking and MAS reporting, i.e. 610, 755, etc.
  • With knowledge of corporate customer internet banking.
  • Must be meticulous, careful, positive and full of sense of responsibility.
  • Mature with good communication skills and must be able to work independently.
  • Knowledge of Mandarin is an added advantage as there is a need to liaise with Mandarin speaking clients.

 

Working Location

Raffles Place

No hybrid, to be work in office


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