Mandarin Speaking Settlement Officer
2 days ago
Settlement Officer (Mandarin Speaking)
Job Overview:
The Settlement Officer position is a vital role reporting to the Senior Manager, with a functional reporting line to Head Office in Hong Kong.
40 hours per week.
Salary - Competitive.
Job Details:
*Cash management - Reporting flow of cash in and out of the company. Liaising with other finance centres and other Sinopec entities accordingly, re cash/funding requirements/reporting.
*Collating of all Treasury payments to be made on any given day.
*Checking/Processing of payment instructions - Sending signed instructions to bank either via fax or electronic means. At same time checking that bank instructions are complete, compliant and not compromised.
*Booking/Reconciling of loans/loan positions with house banks - booking of loans/deposits as per corporate requirements, ensuring that loan rates/maturities are correct.
*Debtors/Creditors reporting to identify where payments have not been made on time/funds have not been received on due date.
*Dealing with ad hoc queries - SWIFT requests, Bank Audit Letters, Returned Payments/Unallocated Receipts, Bank statement reconciliation against in-house systems/payment instructions.
*Advise Treasury Manager of any issues (i.e. loan rates too high/banks not processing payment) with banks so that they can be discussed at next review.
*Capture and maintain banking SSI's from Counterparties for compliance reasons
*Maintaining Bank Mandates/Signatory lists updated as/when required
*Ensuring data on in house OTS system is accurately and timely input/maintained
*Fulfil any other tasks that the Company may reasonably assign to you from time to time, according to business needs
Essential Qualifications & Competencies:
*Fluency in English and Business Mandarin.
*Degree - level education or equivalent in Economics, Finance, Business Management or related field
*Strong IT skills with good working knowledge of MS Office products
*Strong communication & interpersonal skills
*Proven experience working in a Treasury department
*Awareness of issues/sanctions regarding the worldwide remittance of funds
*Proven organisational and planning skills
*Ability to effectively prioritize work
*Approachable with a demonstrable willingness & flexibility to support the Company as and
when required
Desirable:
*Experience working in the settlement or treasury department of a major bank or commodity
house
- Please note that we can only consider applicants who already hold a full UK work permit.
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