Section Head of Remittance Operations

2 months ago


Hong Kong, Central and Western District, Hong Kong SAR China The Bank of East Asia Full time

Job Summary

The Bank of East Asia is seeking a highly skilled and experienced professional to fill the role of Section Head of Remittance Operations. As a key member of our Central Operations team, you will be responsible for managing the operations of the Remittance Operations Section, ensuring that all daily transactions and relevant controls are performed accurately and properly according to the Bank's standard procedures.

Key Responsibilities

  • Operational Management
    • Manage the day-to-day operations of the Remittance Operations Section, ensuring that all tasks are completed efficiently and effectively.
    • Develop and implement operational procedures to improve efficiency and reduce risk.
  • Transaction Processing
    • Oversee the processing of remittance transactions, ensuring that all transactions are accurately and timely completed.
    • Monitor and analyze transaction data to identify trends and areas for improvement.
  • Team Leadership
    • Lead and manage a team of remittance operations staff, providing guidance and support to ensure that they have the necessary skills and knowledge to perform their duties effectively.
    • Develop and implement training programs to enhance the skills and knowledge of team members.
  • Compliance and Risk Management
    • Ensure that all remittance operations are conducted in accordance with the Bank's standard procedures and regulatory requirements.
    • Identify and mitigate potential risks associated with remittance operations, ensuring that the Bank's risk management framework is upheld.

Requirements

  • Education
    • University graduate, preferably majoring in Banking, Economics, or Finance.
  • Experience
    • Minimum of 10 years of experience in the banking sector, with at least 5 years in a supervisory position on operation support.
  • Skills and Knowledge
    • Sound knowledge of remittance operations, including AML and compliance requirements.
    • Familiarity with various payment systems, such as SWIFT, RTGS, RMA, etc.
    • Strong technical knowledge of the Bank's products and services.
    • Good understanding of relevant policies, procedures, practices, and rules.
    • Strong leadership and communication skills, with the ability to lead a team to ensure excellent services are provided.


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