Treasury Operations
7 days ago
This is a Senior Associate/ Assistant Manager role. The role is responsible for providing back-office support and service on private banking and treasury operations, and processing transactions, settlements, confirmation, statements, Corporate Actions and other routine jobs with adherence to risk control.
**RESPONSIBILITIES**
1. Transaction Processing
- Check and confirm transactions for FX, FX Options, Bonds, Equities, Funds, Derivatives, and Structured Products (DCI, SI) in the system.
- Create new instrument records.
- Process asset transfers with custodians and counterparties.
- Update daily MTM (mark-to-market) prices and valuation reports.
- Review pre-funding reports and handle data corrections with management approval.
2. Settlement Operations
- Handle settlements for Treasury and Private Banking transactions.
- Monitor settlement status and liaise with Treasury for trade funding.
- Ensure smooth fixing and settlement of structured products.
3. Corporate Actions
- Monitor corporate action events and coordinate with RMs and custodians.
- Process income and securities from corporate actions.
- 4. Reconciliation & Reporting
- Perform daily securities position reconciliation.
- Check internal system reports (PB system, Solar, etc.).
5. Confirmations & Statements
- Prepare and verify transaction confirmations and client statements.
- Maintain documentation and track client confirmations.
6. System Testing & UAT
- Support system enhancements, UAT for new products, and annual BCP/DR drills.
- Participate in regulatory and infrastructure testing (e.g., MEPS DR).
7. Monthly Reports & Regulatory Tasks
- Prepare KPI and transaction volume reports.
- Process client and custodian fees.
- Support regulatory and internal reporting needs.
- Conduct voice log checks.
8. General Support & Compliance
- Handle inquiries from internal teams.
- Assist in product and procedure reviews, audits, and self-inspections.Investigate reconciliation breaks and prepare audit confirmations.
**REQUIREMENTS**:
- Strong experience in banking settlements and private banking operations.
- Solid knowledge of financial products (FX, Options, Bonds, Structured Products, etc.).
- Familiarity with banking systems (Treasury, Swift, PB System, MEPS+, etc.).
- Proficient in Microsoft Office; Avaloq experience is a plus.
- Knowledge of regulatory compliance, AML, data protection, and risk controls.
- Good communication, organizational, and interpersonal skills.
EA License Number: 23C1935 | EA Personnel Number: R1551292
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