At a Glance
- Tasks: Oversee the settlement life cycle for various financial products and ensure accurate transaction processing.
- Company: Join a leading bank with a strong focus on operational excellence and customer satisfaction.
- Benefits: Full-time permanent position with competitive salary and opportunities for career growth.
- Other info: Collaborative environment with opportunities to work on exciting projects and system upgrades.
- Why this job: Be part of a dynamic team that supports financial markets and enhances banking operations.
- Qualifications: Degree in Business or Finance, experience in SWIFT payments, and excellent Mandarin skills.
The predicted salary is between 34650 - 42350 £ per year.
Clearing & Payments department supports the Bank in a back office capacity, supporting the Bank’s operational processing for various banking product, working with retail branches and front office teams to support London Branch and Subsidiary customers.
As a Senior Assistant Settlement & Clearing - Mandarin Speaking, you will be responsible for day-to-day process of Financial Markets Support.
This includes overseeing the full settlement life cycle across a wide range of products ensuring the transactions are completed accurately and efficiently.
This is a full time permanent job.
Key responsibilities
- Deliver relevant settlement of the Financial Markets for products including FX/MM, Interest Rates Swaps, Options, NDF’s and others
- Ensure all deals are processed accurately and on time
- Assist in Euroclear/Easyway settlements
- Collect statistical information for reporting, MI and MTM purposes
- Investigate and resolve operational and payment issues
- Assist with the testing and implementation of new systems and system upgrades when required
- Escalate any unidentified operational risks
- Uphold high customer satisfaction standards
- Regularly review, revise and suggest updates to business procedures
- Assist with regulatory reporting
- Assist with projects when required
- Complete tasks and duties as assigned by Management to ensure the continued delivery of Bank of China’s business developments and growth
Requirements
- Degree educated in Business, Finance, Accounting, Economics or relevant subject
- Experience in SWIFT Payment Messages both MT and MX (ISO20022) or settlement is preferable
- Product related experience in Financial Products such as FX/Money Markets/Bonds/Derivatives is a plus
- Knowledge of Financial Markets products and processes
- Knowledge of Banking products and associated risks
- Excellent English and Mandarin communication skills
- A quick learner and adaptable to change
- Team player
- Proficient in Microsoft Office (Word, Excel, Access)
- #J-18808-Ljbffr
Senior Assistant Settlement & Clearing - Mandarin Speaking employer: Bank of China
At Bank of China, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our culture fosters collaboration and innovation, providing employees with ample opportunities for professional growth and development within the global markets sector. With a commitment to excellence and a focus on employee well-being, we ensure that our team members thrive while contributing to the success of our precious metals and commodities trading operations.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Assistant Settlement & Clearing - Mandarin Speaking
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Bank of China. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Assistant Settlement & Clearing - Mandarin Speaking
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Bank of China.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Bank of China's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Bank of China
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Bank of China.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Bank of China will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Bank of China employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
