Bank Operations Professional

3 days ago


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

Job Description

The Remittance Department Associate will be responsible for processing Inward Remittance transactions via IRS, while also performing ORS transactions and maintaining accurate records. Additionally, this role involves preparing Swift Messages and handling Clean Bills Collection, as well as following up on confirmations and investigating irregular items. To succeed in this position, one must have excellent organizational and communication skills, as well as proficiency in PC skills and languages such as Cantonese and English.

Key Responsibilities:

  • Transaction Processing: Process 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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