JOB PURPOSE:
Ensure tasks are completed on time and meet requirements, with a strong emphasis on verifying remittance and deposit activities. Oversee projects, conduct audit inspections, and manage remediation efforts.
PRINCIPAL ACCOUNTABILITIES:
Remittance and Deposit:
- Process, verify, and approve inward and outward remittance transactions and internal transfers.
- Manage term deposit placements, rollovers, early withdrawals, and redemptions.
- Handle inward and outward clearing cheques, cheque book requests, and IBG transactions.
- Review daily transactional reports, including MCB and Swift reports.
- Approve swift messages (MT320) for term deposits of financial institutions.
- Monitor outstanding items in NOSTRO accounts.
- Participate in MEPS+, CTS, and G3 industry testing.
- Conduct name screening via the AML system.
Other Responsibilities and Duties:
- Participate in UAT for system enhancements or new launches.
- Conduct self-inspections.
- Regularly check pending transactions and ensure diligent follow-up.
- Assist the Team Head/Department Head in establishing procedures and workflows.
- Help review related P&P and working manuals.
- Respond to inquiries from other business/support units.
- Ensure compliance with Singapore and Taiwan regulatory requirements.
- Report operational irregularities and recommend corrective actions.
- Perform any other duties assigned by the Team Head/Department Head.
