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Analyst, Nostro Reconciliations (Day Shift)**


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

2021-59301  

Update date

16/08/2021

Job description

Business type

Types of Jobs - Operations

Job title

Analyst, Nostro Reconciliations (Day Shift)**

Contract type

Permanent Contract

Management position

No

Job summary

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

 

Department: Capital Markets Operations

Team: Nostro Reconciliations

 

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

 

Key Responsibilities

 

  • Perform complete daily reconciliations of various currency accounts, on a multi entity basis, in accordance with pre-defined deadlines
  • Perform preliminary investigations in order to accomplish manual matches wherever possible
  • Investigate and allocate all open items to the relevant department in charge of its regularization
  • Investigate unidentified amounts with the Nostro Agent/internal departments
  • Chase and escalate open/aged breaks regularly and in accordance with procedures
  • Post entries (charges, small differences, book to book…)
  • Distribute and repair swift messages to relevant department within agreed timeframe
  • Produce daily/monthly reporting within the deadlines
  • Assist Team Head to carry out common projects / global initiatives / ad hoc projects
  • Liaise competently and professionally with contacts, both internally and externally (if applicable) ensuring that strong relationships are forged and maintained in key areas
  • To continually evaluate the reconciliation process ensuring that optimum matching rates are attained and that any negative trends are identified and addressed
  • Assist with specifying business requirements in order to enhance the reconciliation process
  • To actively contribute towards mitigating operational risk whilst performing daily responsibilities
  • Report and/or escalate issues in a timely manner to the Team Head

 

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

Level of minimal experience

3-5 years

Experience

• at least 2-3 years' experience in Operations/Back-Office (payments, Nostro account management etc.) or accounting will be an advantage.
• Swift messages knowledge such as MT103, 202COV, MT199, MT299, MT950.etc.
• Experience on reconciliation process will be an advantage (ledgers vs bank statements).

Required skills

• Ability to communicate clearly, easily and efficiently
• Excellent sense of urgency and prioritization
• Risk awareness
• Proactive and client-oriented attitude
• Motivated
• Team Oriented
• Responsible

Technical skills required

• Knowledge of accounting
• Good understanding of the processing of Capital Markets Operations and its organization
• Risk awareness (especially operational risk)
• Proficient in Microsoft Office

Languages

• English speaking, reading and writing (French would be an advantage)