Settlement Officer-Clearing Department

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.

Due to the continued expansion of our banking activities, we are looking for a:

Job purpose:

Responsible for the payment and clearing business.

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

• Inward and Outward Remittance Operation, send and receive SWIFT messages.
• Treasury deal settlement for FX, MM and derivatives such as IRS, Depo, etc.
• Central Counterparty Clearing in LCH.
• Assists Manager with NOSTRO account management and reconciliation.
• Finishing MiFID reports and reconciliation.
• Correspondent clearing.
• SWIFT distribution, including ISO 20022 format.
• Inquiry and reply via SWIFT.
• Performs other office multiple affairs as may be assigned by the clearing supervisor/unit manager.

Profile (Technical Skills):

• In-depth knowledge of office software (Word/Excel/ PowerPoint)
• Strong inter-personal skills, good analytical skills to analyze, interpret, resolve and change.
• Previous experience on loan settlement would be considered in priority.
• Database management and analysis, good at Access or Python.

Profile (Soft Skills):

• Focus on quality
• Drive for results, timely decision-making & efficiency
• Internal/external customer focus
• Teamwork

Education:

• Bachelor/ Master Degree or equivalent in Finance, Accounting, Banking or Business Related Studies

Experience:

• 3 years’ experience of treasure settlement or correspondent clearing business.
• Central Counterparty Clearing experience will be an advantage.

Language skills:

• Fluency in English and Chinese; other languages will be an advantage.

This position is based in Luxembourg and open with immediate effect. Should the above mentioned criteria match your expectations, please don't hesitate to send your English CV by Smart Recruiters.