Back Office Operations Officer

Description

Principal accountabilities: 

• To operate Back Office Operations systems. To validate the accuracy of the trade’s input.


• To keep abreast of developments in standards and settlement financial world


• To participate in IT projects and testing and audits.


• To ensure conformity with the rules set by compliance or Internal Audit

Ability to cover a variety of operations tasks including:

• Validation and confirmation of all the Bank’s trades


• Resolution of exceptions in the straight-through processing for all non-standard and complex operations for bonds, money market, FX and derivatives instruments.


• Investigate and resolve confirmation mismatches and settlement failures together with front office, custodians and customers.


• Ensures accuracy and timeliness of confirmations, settlements and payments.


• Deal and settlement instructions maintenance.


• Creation/checking/maintenance of bond definitions in trading system.

Qualification: 

• Banking diploma or equivalent.

Skills: 

• Good knowledge of Banking instruments, market practice and new initiatives in the Banking industry.


• Flexible to cope with variety of tasks, cooperative, good team player.


• Good organisational skills.


• Customer-focused


• Ability to cope with pressure and tight deadlines.


• Familiarity with Swift messaging formats


• Knowledge of Bloomberg information systems.


• Ability to communicate clearly and promptly.   


• Fluency in English required. Knowledge of German, Italian or French desirable.

Work experience: 

• Minimum of two year’s work experience, preferably in Banking operations.

The BIS’s head office is located in Basel, Switzerland, with representative offices in Hong Kong SAR and Mexico City. We are able to recruit globally, regardless of nationality. All new staff members are recruited on a fixed-term basis without expectation either of any contract renewal or conversion. The contract may however be extended or converted to an open-ended one at the end of the term, subject to organisational needs and individual performance. The BIS is fully committed to equal opportunity employment and strives for diversity among its staff.

Are you a returning applicant?