Officer, Treasury Operations

OCBC Australia in Sydney CBD requires a member to join their Treasury Operations team.

The candidate will provide support in the processing and settlement of transactions relating to treasury, remittance, banking operations and credit operations.

Responsibilities within this role include:

• Accurate and timely processing of Operation's transactions, including but not limited to Treasury settlements, Remittances, deposits, clearing and account opening / maintenance.

• Reconciliation of systems, positions (eg. FX, nostro, P&L) and accounts

• Accurate and timely processing of settlements, including payments through various settlement systems (ie. SWIFT, Exigo and RITS).

• Preparation, reconciliation and verification of daily and monthly reports submitted to Treasury, management, Head Office and regulators.

• Preparing and dispatching customer correspondence and confirmations

• Verifying and matching incoming correspondence and confirmations

• Filing and archiving of documents

• Customer support

Successful candidate is expected to have:

• At least 1 year + banking experience ideally with exposure to Treasury Operations

• Account opening / KYC experience is preferred however not necessary.

• Good understanding of the Australian market and knowledge of SWIFT and Australian settlement systems (Exigo, RITS, RTGS)

• Good excel skills

You will also need to hold an Australia Permanent Resident Visa to apply for this job.

Market based remuneration will be negotiated with the successful candidate based on qualifications, expertise and experience.

About OCBC

Overseas-Chinese Banking Corporation Limited (‘OCBC’) is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912.  It is now the second largest financial services group in Southeast Asia by assets and one of the world’s highly-rated banks, with Aa1 by Moody’s and AA- by both Fitch and S&P.

OCBC established its presence in Australia as Bank of Singapore (Australia) limited in early 1986 as a subsidiary of OCBC Bank Singapore.

 The subsidiary was converted to a full branch of OCBC Bank Singapore in January 1996.  OCBC Australia, operating as a foreign ADI, is supervised by the Australian Prudential Regulation Authority (‘APRA’).  The branch provides wholesale banking business in Australia offering loans, FX, wholesale structured investment products and syndicated facilities to network, Australia and New Zealand corporate customers.