Associate - Custody Services

About the role

Custody Business function aims to expand Bank of China (BOC) Group's network of UK sub-custodians to increase BOC London Branch's Assets under Custody, while also collaborating with other market infrastructure providers (ICSDs) to build BOC London Branch's market capabilities. The Function is responsible for Sales, Marketing, Product Development, Pricing and Operations Processing.

Custody Services team is responsible for the safekeeping and administration of financial assets, primarily by financial institutions like banks or trust companies, on behalf of individuals or institutions. As an Associate - Custody Services, you will support the Custody Services team' operations and key projects. You will play an active role in supporting the growth and development of the Custody Services team's products and capabilities. This is a full time permanent position.

Key responsibilities

• Process trade instructions and corporate actions in an accurate and timely manner
• Process payments for the Custody business
• Complete daily reconciliations, checklist, exception handling and data management
• Ensure adherence to control obligations, demonstrating understanding, awareness and proactive management of operational risk
• Support with project coordination responsibilities
• Organise project-related meetings with internal and external stakeholders
• Support the team with creation and execution of test cases and testing documents

Requirements

• Degree level educated in Finance, Economics, Accounting
• Experience in Custody business (Trading Settlement/Corporate Action/Tax) or related business experience in the Financial Services or Banking is preferred
• Knowledge of payments or clearing services is preferred
• Highly organised and able to multi task
• Able to work in a fast paced environment whilst being able to deliver high quality work
• Proficient in the use of MS Office (Word, Excel, PowerPoint)
• Fluency in Mandarin is preferred
• Excellent communication skills
• Team player
• Attention to detail