At a Glance
- Tasks: Support traders by processing transactions and ensuring accuracy in a fast-paced banking environment.
- Company: Reputable international bank located in the heart of London.
- Benefits: Competitive salary, pension scheme, private medical insurance, and annual bonus.
- Other info: Great learning opportunities and career growth in a supportive environment.
- Why this job: Kickstart your banking career while utilising your Korean language skills in a dynamic team.
- Qualifications: Fluency in Korean and English, with relevant banking experience or finance degree.
The predicted salary is between 30000 - 42000 £ per year.
Job Description
K-People Europe is a recruitment consultancy specialized in Korean speaking jobs with a dedicated Korean recruitment consultant working in London since 2007.
Our client, a reputable international bank located in the heart of City of London, is looking for a Korean speaking Junior Banker - Operations who will maintain effective support for the Traders, executing all tasks pertaining to the verification of transactions in a timely and accurate basis and providing additional support to Derivative clients.
[Key Responsibilities]
(1) FX/MM
- Process all new transactions in KINS including additional ad-hoc entries
- On all new transactions check that we receive an incoming confirmation checking data to
the applicable ticket and our confirmation prior to attachment and filing
- Prepare Foreign Exchange, Money Market, ECP and CD confirmations for checking prior to
release.
- The reporting ECP and CD transactions to their respective settlement agents ensuring that
a relevant ISIN code is obtained and written on the ticket
- Filing and scanning of all transactions, entries and reports in an accurate and efficient
manner
- Obtain Trading staff authorisation on Brokerage invoices received prior to preparation of
entries for payment and checking.
(2) Derivatives/Futures
- Process all new transactions in KINS including the accurate registration of new Futures
contracts in KINS
- Print the Futures statement and reconcile against transactions dealt and positions held
using information from KINS.Also calculate and confirm with the daily margin figure
producing the relevant entry for processing in KINS – as and when
- Process the Rate Fixing program in Murex including printing the relevant report, and then
the corresponding Fixings also to be processed in KINS with a final report printed.
- The timely and accurate checking of inbound Reset Notices from clients for new rate
fixings in Interest Rate and Currency Swap transactions ensuring that a notice is received
from our alternative client’s that is then checked to the database prior saving in the
shared drive
- Scanning of all transactions and entries pertaining to Derivative trading by the bank in an accurate and efficient manner
- At the end of day once all transactions have been registered and you can see that the
valuation program has been run in Murex and interfaced to KINS, run the Interface
Evaluation program in KINS for the registration of Foreign Exchange and Swap valuations
from Murex.
- Provide clients with Interest Rate and Currency Swap Valuations from KINS as required
- The timely and accurate checking and saving of Reset Notices from KINS for clients for
new rate fixings in Interest Rate and Currency Swap transactions within 24 hours of fixing.
Once checked, distribution to the client
- The timely and accurate production of Interest Rate and Currency Swap confirmations for
clients within 24 hours of trading. Once checked, distribution to the client ensuring that a
signed confirmation is received back or a confirmation is received from our alternative
clients
- Save the data received relating to LCH cleared transactions
- Manage the Derivatives EMAIL Box
(3) General
- Process in a timely and accurate manner the settlement accounting in KINS for all
products including Securities maturity.
- Print payment entries input to KINS by the Administration department for checking
purposes prior to release
- To maintain effective communication channels with traders, clients and colleagues
- To provide cover, when required, for other staff members within the Operations team.
First thing in the morning, save a copy of the Murex trade summary report in the audit
check file for previous days’ tickets
[Training Provided]
(1) All training is given within the team using their already vast skills knowledge
(2) New staffs are required to learn how to process and be prepared to participate in all stages of the work flow as part of training and also be able to cover wherever required at all levels.
(3) The client is able to provide new candidates with an excellent learning curve due to their variety of products and processes handled. Ideal position for someone wishing to gain their first step into a banking environment or expand on knowledge already gained.
[Requirements]
(1) Must be fluent in both Korean & English
(2) Must have relevant experience in banking/finance/accounting OR degree in finance/banking/accounting/management if fresh graduate
(3) Attention to detail with excellent numerical skills
(4) Must have excellent MS Excel skills & any experience with Euroclear desirable
(5) Strong communication and analytical skills
(6) Planning and time-management abilities, with capacity to prioritise and deliver as necessary.
[Conditions]
(1) Location: City of London (Bank area)
(2) Working hours: 8:30am~4:30pm
(3) Annual leave: 23 working days in the first full calendar year and thereafter increased by one day per year into maximum of 28 working days (excluding 8 Bank/Public Holidays)
(4) Basic salary: depending on experience
(5) Benefits: Pension Scheme, Life Assurance, Private Medical and Dental Insurance, Annual Health Check, Season Ticket Loan, Eye care Voucher, Annual Bonus Scheme
[Before you apply]
(1) Korean language skill is essential
(2) The right candidate must be eligible to work full-time in UK immediately without any visa restriction. If you’re on any visa permitting full-time work in UK, please indicate your visa status in your CV and when it expires. Also please mention if you’re planning to switch & extend your visa WITHOUT a work visa sponsorship from an employer.
(3) Please send your CV in MS Word format
(4) ONLY right candidates will be contacted, and if your application is successful, we’ll contact you within 5 working days.
Korean speaking Junior Banker - Operations in London employer: K-People Europe Limited
K-People Europe offers a dynamic and supportive work environment for the Korean speaking Junior Banker - Operations role, situated in the vibrant City of London. Employees benefit from comprehensive training, a strong emphasis on professional development, and a generous annual leave policy that increases with tenure. With competitive salaries and a range of benefits including private medical insurance and an annual bonus scheme, this is an excellent opportunity for those looking to grow their career in the banking sector while enjoying a collaborative and inclusive culture.
StudySmarter Expert Advice🤫
We think this is how you could land Korean speaking Junior Banker - Operations in London
✨Tip Number 1
Network like a pro! Reach out to people in the banking industry, especially those who speak Korean. Use LinkedIn to connect and engage with professionals; you never know who might have a lead on that Junior Banker role.
✨Tip Number 2
Prepare for interviews by brushing up on your banking knowledge and Korean financial terminology. Practice common interview questions and think about how your skills match the job description. Confidence is key!
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications. A quick email to express your enthusiasm can set you apart from other candidates. Plus, it shows you're proactive and genuinely interested.
✨Tip Number 4
Check out our website for more opportunities! We regularly update listings, and applying through us can give you an edge. Plus, we’re here to support you every step of the way in landing that dream job.
We think you need these skills to ace Korean speaking Junior Banker - Operations in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Junior Banker role. Highlight any relevant experience in banking or finance, and don’t forget to showcase your Korean language skills. We want to see how you fit into our world!
Show Off Your Skills:When writing your application, emphasise your attention to detail and numerical skills. Mention any experience with MS Excel or Euroclear, as these are key for the role. Let us know how you can contribute to our team!
Be Clear and Concise:Keep your application clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate a well-structured application that gets straight to the good stuff!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at K-People Europe Limited
✨Brush Up on Banking Basics
Make sure you understand the key concepts in banking and finance, especially those related to operations. Familiarise yourself with terms like FX, derivatives, and KINS, as these will likely come up during your interview.
✨Show Off Your Language Skills
Since fluency in Korean and English is a must, be prepared to demonstrate your language skills. You might be asked to switch between languages or answer questions in both, so practice speaking about banking topics in both languages.
✨Highlight Attention to Detail
This role requires a keen eye for detail, so be ready to discuss examples from your past experiences where your attention to detail made a difference. Whether it’s catching an error in a report or ensuring accurate transaction processing, have specific stories at the ready.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare thoughtful questions about the team dynamics, training opportunities, and the bank's approach to client relations. This shows your interest in the role and helps you assess if it's the right fit for you.
