Operations HK, FX Operations Client Service Representative, Analyst/Associate recruitment

Position Category: Operations

Position Title: Operations HK, FX Operations Client Service Representative, Analyst/Associate

Job Level: Analyst/Associate

Location: Hong Kong - Hong Kong

Education Required: Bachelors Degree

Position Description:
The FX Operations team is responsible for timely and accurate settlement of all FX transactions executed in the Asian time zone. This includes Spot, Fwd, Swap, NDF and emerging market currencies
The role encompasses the monitoring of internal systems and liaising with internal and external clients to ensure timely execution of confirmation and settlement.

As the team covers many markets and a diverse client base occasions do arise when the team is required to work longer hours. Public holiday coverage is also required.

Key responsibilities of the team include:
• Confirmation and settlement of FX trades, including phone confirmation, checking of Reuters conversations and exception processing of MT300 counterparty and broker, EBS and Reuters confirmations.
• Monitoring outstanding unconfirmed trades on a daily basis
• Settlement, gross and net - including intercompany netting and interbank.
• Booking queries, also any ad hoc e-mail and phone queries the team may receive.
• Position balancing.
• Completing all daily tasks and controls
• FX Prime Brokerage
• Confirmation chasing for Non Deliverable Forwards
• Working closely with the reconciliations team to resolve settlement breaks
• Liaising between Desk and counterparties
• Exceptions monitoring

Skills Required:
• 1 to 3 years of Operations experience ideally within FX Operations
• Knowledge of back office operations and accounting systems
• Knowledge of operations accounting
• Ability to analyze settlements risk and take appropriate action to escalate issues
• Basic Settlements Understanding (FX Products Cash and Derivative)
• High level of attention to detail
• Ability to multi-task, prioritise and manage daily workflow
• Excellent interpersonal and client relationship skills