The Role
A leadinginternational/foreign bank within the City of London is seeking a Mandarin Speaking Clearing Settlement Administrator tojoin their team. Primarily focusing on processing payments/clearing andassisting with reconciliations and settlements of treasury and loan business.Within this role there will also be ample opportunity to gain exposure to otherareas of banking and grow your skills across other areas.
Responsibilities
- Process payment instructions from clients and agent banks.
- Use knowledge of Faster Payment, CHAPS, SWIFT MT, and ISO20022 SWIFT XML formats.
- Investigate and respond to payment queries.
- Monitor and follow up on outstanding payment items.
- Open and close Vostro accounts.
- Communicate with Head Office on system upgrades and process improvements.
- Input accounting journal entries.
- Report daily Nostro positions.
- Prepare monthly, quarterly, and ad-hoc reports.
- Maintain system parameters and static data.
Skills Required
- Banking experience within the UK market
- Mandarin speaker (mandatory).
- Organisational ability and attention to detail.
- Good interpersonal and communication skills.
- Ability to prioritise tasks and delegate.
- Accurate reporting skills.
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