• Assistant Manager , Settlement Jobs in Thailand

  • Standard Chartered Bank Ltd
  • Thailand
  • Save Job
  • 0 - 3 Years
  • Posted : above 1 month

Job Description:

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East

To us, good performance is about much more than turning a profit Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good

Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation This in turn helps us to provide better support to our broad client base

Job Purpose

To manage and control the settlement team involved in handling settlement functions with a goal of

Maximizing productivity
Ensuring that efficient and good quality are provided to the customers to meet or exceed their expectations
Ensuring that operations are strictly compliance with local laws, regulations and Group Policies
Maintaining a good level of control on transactional risk
No failed audits
Cross check User List Report of all Applications being used within the department

Key Responsibilities

Transaction approval authorities

Authority to approve and release Force-post transactions in Hogan on NRBS accounts with funds available in NRBS account and with Force-post reasons being due to system setup to ensure compliance with regulations For transactions which NRBS accounts shown insufficient balance but is projected to be sufficient by end of day due to incoming funds not reflected in the said account, approve and release on this type of transaction must be jointly with another SS Manager /Assistant Manager with a print screen on Hogan reflecting override requirement

Authority to approve/authorize payment instruction by

1 Jointly with another SS Manager/Assistant Manager for unlimited amount

2 Jointly with another SS Officer for amount up to THB40 milliom

Authority to approve/authorize transaction via Seccure system singly for unlimited amount

Authority to approve/authorize financial entries to normal customer accounts via eBranch system

Debit to customer account which holds good funds or has a properly approved credit limit in place
Credit to customer account

Unlimited (Jointly with teller)

Authority to approve/authorize financial entries to GL accounts (eg Nostro, Sundry, Sundry Miscellaneous, Suspense, Unclaimed Balances Credit entries to Revenue account) in connection with normal processing transactions by

1, Singly up to THB50M

2 Jointly wth another SS Officer up to THB100M

3 Jointly with another SS Manager/Assistant Manager for unlimited amount

Authority to approve/authorize back valuation of entries with no monetary loss incurred by

1 Singly up to THB50M

2 Jointly with another SS Manager/Assistant Manager for unlimited amount

Authority to sign Cashiers order as per authorities stated in Signature Book

Remarks All the above authorities are subjected to the normal dual control policies in place Where dual controls or on transactional approval limits as stated cannot be matched in the systems due to functional limitations, transactions to be approved on paper by holders of delegated authorities for such amounts prior to the transactions being approved in the system

This authority is specific to the job holder and cannot be delegated onwards

Interface with Customer / Relationship Managers / Business Unit

Primary point of contact with customer for professional advice, enquires, communicating and resolving clients issues
Ensure the highest levels of customer service and proactively seek improvement as per customers need and requirements
Responsible for meeting or exceeding customersexpectation
Cascade this relationship downward to all levels and accounts team
Maintain partnership like relationship with the Business unit / Relationship Managers and be responsive to their service requirements

Service Standard

To review and manage turnaround time of transactions to ensure that the service level meet the target standard

Service Quality

Responsible for meeting the requirements and appropriate enhancement of the Quality Management System in line with Outserve initiative in Securities Services
To build up service excellence, customer focus mindset and quality culture in the department
Manage quality of Depository, Payment and System Support activities to achieve the highest levels of efficiency and cost effectiveness

Productivity Management

Manage job and work assignment, work schedule and man-power resources to achieve improvement of productivity
Build morale and motivate subordinate staff to build up optimum team spirit and productivity
Identify system and process improvement of productivity

People

Ensure continuous development of the team of professionals to manage and sustain long term viability of Settlement and System Support operations

Business direction and market practice

Pay attention to changing market condition and practice, give suggestion to Business units for marketing and business strategy review

Control and Risk Management

Effectively monitor and manage risks and controls of Depository, Settlement, Payment and System Support Operations, so as to avoid loss to the Bank
Take responsibility for the proper control of safes and keys as laid down in the Group instruction circular
Ensure compliance within the team to Group and Regulatory requirement
To effectively manage the risks so as to protect clients and the Banks interest
Perform periodic self assessment on KCS, identify and report all exceptions on non compliance
Perform periodic monitoring on Optial, identify and report all exceptions on non compliance
Ensure the effective of the usage of OR toolkit (KCS, KCSA, KRI/KPI, Phoenix, Optial Compliance tools,
Ensure compliance with sanctions procedure guideline and Anti Money Laundering policy

Change Management

Ensure that system & procedural changes are implemented successfully

Training

Manage the training needs of staff and nominate them to attend training courses relevant to their position, potential, individual inspiration & business short and long term requirement

Apply now to join the Bank for those with big career ambitions

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 05th Feb 2020

Key Skills:

Company Profile:

Company
Standard Chartered Bank Ltdarfix

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