About this role

Role Overview:

The Clearing Business Analyst will assist in managing the clearing operations within the ICBC group, including Euro and foreign currency transactions. This role involves supporting payment settlements, ensuring compliance with regulatory standards, and contributing to various aspects of correspondent banking. This position is ideal for candidates with a foundational understanding of financial operations and a desire to grow in the field of banking.

Tasks

Oversee payment settlement through local payment channels such as TARGET2 and SPEA.

Confirm debit positions, process related clearing fees, and select appropriate clearing channels.

Handle manual processing and settlement of incoming Euro and foreign currency payments.

Ensure compliance with regulatory standards, including anti-money laundering (AML) and reporting of suspicious transactions, prepare and submit reports accordingly.

Facilitate fund clearing for financial transactions, trade finance, and asset management.

Oversee the settlement of funds in Euros and other currencies for the branch's transactions and customer remittances.

Manage settlements in Euros and other currencies for branch transactions and customer remittances.

Handle inter-bank clearing fee settlements and follow up on pending inquiries.

Oversee international credit card settlements with MasterCard and Visa, representing the ICBC head office in Euro fund operations.

Manage the opening, maintenance, and closure of correspondent bank accounts within the ICBC group.

Support ICBC European institutions in joining local Euro clearing organizations.

Prepare statistical reports on clearing operations to support business development.

Profile

Bachelor’s degree in Finance, Accounting, Economics, or a related field.

Responsibilities