Financial Services Expert

3 days ago


Hong Kong, Central and Western District, Hong Kong SAR China OCBC Full time

Job Responsibilities

The Remittance Department Associate is responsible for executing various tasks, including processing Inward Remittance transactions via IRS, performing ORS transactions, and maintaining accurate records. This role also involves preparing Swift Messages, handling Clean Bills Collection, following up on confirmations, and investigating irregular items. Furthermore, the incumbent must be able to communicate effectively in both Chinese (Cantonese) and English, and possess strong PC skills.

Key Responsibilities:

  • Transaction Processing: Execute Inward Remittance transactions via IRS, ensuring accuracy and timeliness.
  • ORS Transactions: Perform Posted to ORS transactions via Outward Remittance System (ORS), adhering to regulatory requirements.
  • Record-Keeping: Maintain accurate records of paid demand drafts in IRS, ensuring data integrity.
  • Swift Messages: Prepare Swift Messages to claim 'OUR' charges from Sending/Correspondent Banks, facilitating smooth settlement processes.
  • Clean Bills Collection: Handle Inward and Outward Clean Bills Collection, adhering to established procedures.
  • Confirmation Follow-up: Follow up confirmations duly signed by customers on Unqualified Credit Advice transactions, updating records at IRS in a timely manner.
  • Irregular Items Investigation: Investigate irregular items in inward remittance operations, such as insufficient remitter information, incorrect beneficiary names, cable fate the collection cheques, AML inquiries, etc., and handle account memos received from FMD.
  • Unqualified Transactions: File unqualified transactions in sequential order.
  • Document Management: Arrange to send documents to godown for retention as scheduled.

Requirements and Qualifications:

  • Diploma holder or above.
  • 1-3 years of experience in remittance or related banking.
  • Fluent in Chinese (Cantonese) and English.
  • Proficient in PC skills, including MS Word and Excel.
  • Excellent communication skills and ability to work well in a team.
  • Proactive and willing to take on positive challenges.


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