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Moteur de recherche d'offres d'emploi Crédit Agricole CIB

Analyst/Associate, Payment**


Vacancy details

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.


For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
  

Reference

2022-69399  

Update date

08/08/2022

Job description

Business type

Types of Jobs - Operations

Job title

Analyst/Associate, Payment**

Contract type

Permanent Contract

Management position

No

Job summary

**This position will be under the Employee Referral Program in Hong Kong.

 



Department: Capital Market Operations
Team: FX/MM Back-Office

 


Summary

Operations & Country COOs (OPC) in Hong Kong is made up of four main teams:

  • Financing & Trade Operations (FTO) including Documentary & Guarantee Operations, Credit & Loan Operations
  • Transaction Banking Operations (TBO) covering client account operations
  • Capital Markets Operations (CMO) including Middle Office, Back Office and Transverse Operations functions
  • Asia & Middle-East Operations Projects (AOP) covering CMO, FTO, TBO and Transversal projects

Hong Kong has established a Back Office processing hub which provides operational services to multiple CA-CIB sites. The activities focusing on London, Paris and Asian booking including:

  • FX Settlement of value same day Asian/Gulf currencies (London/Paris booking)
  • CLS settlement cycle
  • FXMM Settlement (Asia booking)

 

Key Responsibilities

  • Confirm with CA-CIB customers for the payment flows to be exchanged as part of the Exchange, Treasury and Derivatives activities.
  • The Back-Office handles settlements for multiple CACIB entities (e.g. Hong Kong, Singapore, Tokyo, Shanghai, London & Paris).
  • Monitor payments and ensure their proper execution within the strict set deadlines.
  • Respond to various requests by following the rules and procedures in place within CA-CIB
  • Identify and resolve the discrepancies detected in accordance with existing procedures and in relation to the departments concerned (Front-Office, Middle-Office, IT, etc.).
  • Relations with other departments (BO & MO).
  • Keep an audit of all tasks performed to meet Permanent Control requests.
  • The capture/validation of payment messages directly into SWIFT Alliance. (MT202, MT202COV, MT103 and third party payments).
  • Control operational risk: detect situations that could jeopardize the smooth running of the regulations or activity.
  • Compensation and Claims Processing.
  • Perform investigation in settlement discrepancies and related outstanding issues.
  • To assist with the CLS process flows for both Settlement members and 3rd parties and to provide support for the I/O swap process.
  • Participation in the drafting and/or updating of operational procedures for the sector.

 

Transversal responsibilities

  • Assist Line manager to carry out common projects / global initiatives.
  • Assist in system enhancement and UAT testing.
  • Participation in the drafting and/or updating of operational procedures for the sector.
  • Manage operational risk with a duty to alert Management.

 

Personal data provided by job applicants will be used strictly in accordance with the employer’s personal data policies, a copy of which will be provided immediately upon request.



La version française est disponible sur demande à votre RH locale

Position location

Geographical area

Asia, Hong Kong

City

HONG KONG

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

University degree holder

Level of minimal experience

3-5 years

Experience

3 to 5 years related experience in FX/MM processing

Required skills

• Hard-working, comfortable with multi-tasking and able to work accurately under pressure.
• Self motivation and ability to work individually and as part of a team in an unsupervised environment
• Good judgment, alertness and common sense
• Good organizational and interpersonal skill
• Rigorous in his/her work

Technical skills required

• A very good knowledge of CLS processes will be beneficial
• Sound understanding of operational and settlement risk

Languages

Proficient in English and Mandarin – another language is a plus