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- Tasks: Lead tech support and system development for custody services in a dynamic banking environment.
- Company: Join the Bank of China, a leading financial institution with global reach.
- Benefits: Competitive salary, career growth, and a chance to work with cutting-edge technology.
- Why this job: Make a real impact in the financial sector while enhancing your tech skills.
- Qualifications: Degree in Computer Science or IT, with experience in banking or custody services.
- Other info: Fast-paced environment with opportunities for professional development and teamwork.
The predicted salary is between 72000 - 108000 £ per year.
The Custody Business function aims to expand Bank of China (BOC) Group’s network of UK sub-custodians to increase BOC London Branch’s Assets under Custody, while also collaborating with other market infrastructure providers (ICSDs) to build BOC London Branch’s market capabilities. The function is responsible for Sales, Marketing, Product Development, Pricing and Operations Processing.
The Custodian Services team is responsible for the safekeeping and administration of financial assets, primarily by financial institutions like banks or trust companies, on behalf of individuals or institutions. As a Vice President Custody - Technology, you will provide technical support and develop the function’s systems in line with regulatory requirements, clients’ demands and internal requirements. This is a full time permanent position.
Key Responsibilities- Liaise with Head Office’s IT departments and local IT Centre to implement system upgrades
- Liaise with Central Clearing Counterparties (CCPs) and third-party vendors to align system functionalities
- Manage custody service related system parameters
- Maintain custody service related system user management
- Support with development of business continuity plan
- Prepare and conduct system tests
- Assist with system trainings for internal staff
- Degree level educated in Computer Science, IT or other relevant subject
- Solid experience within Commercial Banking or Custodian Services
- Expert in SQL and database systems
- Experience in maintaining system operations (e.g. CSD / ICSD systems)
- Experience in analysing client’s needs for system improvements
- Knowledge of SWIFT connectivity
- Familiarity with clearing and custody service related systems
- Proficient in the use of Microsoft Office Visio applications
- Fluency in Mandarin is desirable
- Team player
- Excellent communication skills
- Able to multi-task and to work in a fast-paced environment whilst being able to deliver with high quality
- Attention to detail
- Good problem solving skills
Vice President Custody - Technology employer: Bank of China
Contact Detail:
Bank of China Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President Custody - Technology
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. You never know who might have the inside scoop on job openings.
✨Tip Number 2
Show off your skills! If you’ve got experience with SQL or system operations, make sure to highlight that in conversations. Bring examples of how you’ve improved systems or processes in past roles to the table.
✨Tip Number 3
Prepare for interviews by researching the company and its tech stack. Understand their custody services and think about how your background in IT can help them meet their goals. Tailor your answers to show you’re the perfect fit!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Vice President Custody - Technology
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Vice President Custody - Technology. Highlight your experience in Commercial Banking and Custodian Services, and don’t forget to showcase your SQL and database skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your familiarity with system operations and how you can contribute to BOC’s goals.
Showcase Your Technical Skills: Since this role involves technical support and system development, make sure to detail your experience with system upgrades and user management. We want to see your problem-solving skills in action!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on board with the team!
How to prepare for a job interview at Bank of China
✨Know Your Tech Inside Out
As a Vice President Custody - Technology, you’ll need to demonstrate your expertise in SQL and database systems. Brush up on your technical knowledge and be ready to discuss specific projects where you've implemented system upgrades or improvements.
✨Understand the Custody Landscape
Familiarise yourself with the current trends in custody services and how they relate to commercial banking. Be prepared to discuss how you can expand BOC's network of UK sub-custodians and enhance market capabilities.
✨Showcase Your Communication Skills
Since this role involves liaising with various stakeholders, practice articulating complex technical concepts in simple terms. Think of examples where you’ve successfully communicated with IT departments or third-party vendors.
✨Prepare for Problem-Solving Scenarios
Expect questions that assess your problem-solving skills, especially in high-pressure situations. Prepare examples of how you've tackled challenges in system operations or client needs analysis, highlighting your attention to detail and ability to multi-task.
