Settlement Assistant/Assistant Manager

As a Luxembourg-based bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg has been successfully operating and continually developing its business over the years, and has contributed to the local and worldwide economic and social development. With more than 45 years of expertise and experience in the European markets, Bank of China Luxembourg extended its roots from Luxembourg and covering 14 institutions located in 13 European countries and becoming Bank of China Europe, since 2022.  

Bank of China Europe adheres to the guidance of Bank of China group and continues to grow and expand its business coverage across the world, offering comprehensive business solutions to its clients worldwide with its globalized operations and diversified platforms.  

Today, Bank of China Europe comprises an international workforce with a multicultural background of more than 30 different countries and regions with over 600 employees. 

Job purpose: 

• Responsible for the Treasury settlement and clearing business. 

 

Responsibilities would be, but not be limited to, the following: 

• Money Market trading confirmation and settlement. 
• Foreign exchanges trading confirmation and settlement. 
• Derivatives trading confirmation and settlement, including the third party confirmation platform. 
• Bond or CD/CP issuing and investment confirmation settlement. 
• CCP settlement, margin and fees booking in Murex. 
• Customer reconciliation to meet the EMIR3 requirement. 
• Computing and discussing the default penalty with counterparty. 
• Any payment related to the treasure settlement business. 
• Confirmation and settlement for the Bond distribution in DCM. 
• Head Office fix-term report, including MM, FX, bond, derivatives, etc. 
• Inward and outward remittance. 
• Correspondent banking multiple-currencies clearing services. 
• SWIFT inquiry and reply, including the compliance inquiry. 
• Other tasks assigned by supervisor.

Profile (Technical Skills): 

• Bachelor degree or equivalent in Finance, Accounting, Banking or Business Related Studies.  
• 1 years of back office settlement experiences will be an advantage.  
• In-depth knowledge of office software (Word/Excel/Access/PowerPoint)
• Strong inter-personal skills, good analytical skills to analyze, interpret, resolve and change.
• Previous experience on banking payment and treasury settlement would be considered in priority.
• Fluency in English and Chinese are essential; other languages will be an advantage. 

 Profile (Soft Skills): 

• Strong team-working spirit and meticulous personality
• Initiative, independent and good communication skill.
• Outstanding attention to details.
• Ability of handling multi-task and prioritize workloads.
• Excellent verbal and written communication skills.
• Flexible with working hours, shifts and extended hours may be required.  
• Work well in a multi-cultural team.
• Good interpersonal skills to deal with and relate to clients.