Senior Assistant - CCP and Settlement Bank Services

Clearing & Payments department supports the Bank in a back office capacity, supporting the Bank’s operational processing for various banking products, working with retail branches and front office teams to support London Branch and Subsidiary customers. As a Senior Assistant – CCP and Settlement Bank Services, you will be responsible for the day-to-day processes of Central Counterparty Clearing (CCP) and Settlement Bank Services. You will identify, report, escalate, and resolve problems arising during the daily operations. You will also be responsible for system testing and upgrading.

You will be working in an alternating weekly shift pattern (day shift 07:30-15:30, late shift 14:00-22:00, and regular shift 09:00-17:00). This is a full-time permanent role.

Key responsibilities

1. Collaborate with the team to ensure all the CCP and Settlement Bank Services daily tasks are processed correctly and to the satisfaction of clients and counterparties.
2. Be an author, review, and assist in the production of relevant business standard operating procedures of CCP and Settlement Bank Services.
3. Submit and articulate requirements to assist in upgrading the relevant systems where needed.
4. Responsible for the relevant UAT and functional testing and implementation of bank systems.
5. Assist in problem resolution during daily operations.
6. Prepare business statistics for the team and department.
7. Promote corporate (including trade finance) related products to potential clients.
8. Produce performance reports from the database on a monthly basis.
9. Daily record keeping and filing.
10. Assist with projects where required.
11. Ensure all operational work falls within the Bank’s guidelines and policy.

Requirements

1. Degree educated in Finance, Economics, Accounting or other equivalent.
2. Experience in similar business streams like payments and/or operations, ideally in Investment Banking or Retail Banking.
3. Knowledge of MUREX, RTGS payment systems, SWIFT, Treasury Products, CCP portals, and manual operational processes is desirable.
4. Knowledge of risk management including knowledge of collateral management workflows is desirable.
5. Proficient in Microsoft Office, particularly in the use of MS Excel and MS Word.
6. Commercial awareness.
7. Team player.
8. Excellent communication skills.
9. Fluency in Mandarin is not required but preferred.

Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing excellent financial service to the market and maintains its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branches in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy equal opportunities to grow both personally and professionally.

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