Settlement Officer

4 days ago


Brisbane, Australia Land Bank of Taiwan Co., Ltd. Full time

**About us**

Land Bank of Taiwan (“LBOT”) is a 100% government-owned bank in Taiwan, specialising in real estate finance and agricultural credit. The Head Office is located in Taipei, Taiwan. LBOT has significantly broadened its range of financial services and now operates 149 domestic branches, 7 overseas branches and 1 representative office.

LBOT is commencing its banking operations in Brisbane, Australia. The initial set of offerings to be provided in the Australian market includes:

- Deposits
- Commercial Loans
- Real Estate Construction Loans
- Syndicated Facilities
- Trade Finance
- Foreign Exchange and Remittances

The Brisbane Branch (“Branch”) establishment is part of LBOT’s broader international strategy to achieve its core objectives. These objectives consist of enhancing international reputation, diversifying LBOT’s lending portfolio across different markets, providing greater client coverage and customer service, and expanding presence alongside Hong Kong and Singapore branches in the Southeast Asia region.

**Role responsibilities**:
1、 Processing trades in our core banking systems, including deposits, loans, trade finance, remittances, and more;
2、 Processing settlements for bonds, money market borrowing, foreign exchange and derivatives;
3、 Inputting customer and counterparty information in our core banking systems.

4、 Preparing SWIFT drafts for transactions;
5、 Monitoring incoming SWIFT and take actions;
6、 Conducting AML checks for all transactions to make sure that transactions are aligned to the bank’s policy and regulations;
7、 Serving as the primary contact for client documentation matters related to deposits, loans, remittances, and trade finance products;
8、 Addressing both internal and client queries regarding documentation matter in a prompt and timely manner;
9、 Coordinating and ensuring all post-onboarding client documentation is properly executed and well-maintained, including board resolutions, authorized signatory updates, and contact lists;
10、 Uploading derivatives file into DTCC;
11、 Preparing periodic/management reports for local authorities, Head Office, and Branch Management ;
12、 Performing other tasks as assigned;
**Education & Work Experience**:
Minimum Diploma in Banking/Finance/Accounting/Business with at least 2 years of relevant experience in similar capacity preferably in banking industry;
**Industry Knowledge**:

- Strong knowledge of settlements of dealing room transactions, handling of trade finance products, dealing of remittances and loan administration.
- Ability to work independently and as part of a team, even under tight schedules and pressure.
- Committed, meticulous, self-motivated, and possessing great initiative and high integrity.
- Quick to learn and able to grasp processes and systems rapidly.
- Good work attitude, strong communication, and interpersonal skills.

Pay: $50,000.00 - $80,000.00 per year

Schedule:

- 8 hour shift

Work Location: In person

Application Deadline: 25/07/2024
Expected Start Date: 01/08/2024


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