SH
Senior Associate
full-time•Hong Kong
About this role
Sumitomo Mitsui Banking Corporation (三井住友銀行) (incorporated in Japan with limited liability) is one of the major international banks and a leading arranger of specialized financial products worldwide. The Bank's Hong Kong Branch is now seeking high calibre individuals with long-term career objectives to apply for the following position:
Senior Associate -
Operations Department - Clearing and Deposits
Job Duties & Responsibilities:
- To supervise the Clearing Team in ensuring all clearing services are delivered in an efficient, accurate and professional manner. All clearing transactions, including cheque deposit and clearing, batch cheque issuance, FPS, Autopay, Direct Debits are processed in accordance with all internal, industry and regulatory rules, procedures and banking practice.
- To provide monitoring and control over cheques and FPS transactions e.g. Autopay are properly processed and balanced with absolute accuracy.
- To prepare suspicious transactions reports for AML compliance, and any other related reporting and Banking Returns.
- To provide cross team support over areas of Deposits and Account maintence to facilitate operational efficiency and effectiveness of the team.
- To supervise and implement the controls of any other administration tasks in the Group, including, any system project development, testing and implementation, etc. and other work related ad hoc duties as may be assigned from time to time.
- To surpervise and provide coaching and guidance to subordinates and other clerical staffs in performing proper duties as set forth under policies and procedures. Training and Practice include disaster recovery drills, contingency rehearsal as instructed by HKICL.
Requirements:
- Matriculated or above, Diploma or Degree holder preferrable.
- At least 8 years relevant experience in Clearing/ Deposits operations Department including 4 years in supervisory level.
- Experienced in cheque and FPS handling and familiar with HKMA’s AML compliance requirement on account transaction monitoring.
- Practical experience in HK Clearing House rules & practice.
- Good command of English and Chinese.
- Hands-on PC knowledge e.g. Excel, VB.
Please apply with detailed resume stating latest and expected salary.
SMBC is an equal opportunity employer. We are committed to fostering a diversified and inclusive workplace and removing barriers to provide equal access to employment.
Note on Mandatory Reference Check ("MRC") Scheme:
The MRC Scheme seeks to address the "rolling bad apples" phenomenon in the banking sector in Hong Kong, i.e. situations where individuals who engage in misconduct during their employment in one institution are able to obtain subsequent employment in another institution without disclosing their misconduct to the new employer. Against this background, the HKMA proposed a framework to facilitate Authorized Institutions ("AIs") to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual's previous employments can be provided to AIs to inform their employment decisions.
For in-scope positions, satisfactory completion of MRC process is pivotal for the consideration of employment decision. For details, you may visit HKMA's website and refer to the latest FAQs issued by HKAB. Further details will be shared on request if your application is being proceeded.
Application details will be used only for recruitment purposes, and will be destroyed after 1 year. Applicants not contacted after 6 weeks may consider their applications unsuccessful.
What you'll do
- The Senior Associate will supervise the Clearing Team to ensure efficient and accurate delivery of clearing services. Responsibilities include monitoring transactions, preparing reports for AML compliance, and providing support across deposits and account maintenance.
About SMBC Hong Kong Branch
SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 120,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo and Nagoya stock exchanges, and its ADRs trade on the New York Stock Exchange (NYSE: SMFG).
Americas: https://www.smbcgroup.com/
EMEA: https://www.smbcgroup.com/emea/
APAC: https://www.smbc.co.jp/asia/
Tokyo: https://www.smfg.co.jp/english/
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Frequently Asked Questions
What does a Senior Associate do at SMBC Hong Kong Branch?
As a Senior Associate at SMBC Hong Kong Branch, you will: the Senior Associate will supervise the Clearing Team to ensure efficient and accurate delivery of clearing services. Responsibilities include monitoring transactions, preparing reports for AML compliance, and providing support across deposits and account maintenance..
Is the Senior Associate position at SMBC Hong Kong Branch remote?
The Senior Associate position at SMBC Hong Kong Branch is based in Hong Kong, China. Contact the company through Clera for specific work arrangement details.
How do I apply for the Senior Associate position at SMBC Hong Kong Branch?
You can apply for the Senior Associate position at SMBC Hong Kong Branchdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.