Banking Job - Assistant Vice President – RMB Clearing, Mandarin speaking - London - iw

CompetitivePermanentCentral LondonRef: 23367Please follow us on WeChat to see all our Cantonese and Mandarin jobs, interview tips and London news:Your New Job Title: Assistant Vice President – RMB Clearing, Mandarin speakingThe Skills You'll Need: Fluent Mandarin, relevant level of Payments experienceYour New Salary: CompetitiveHybrid 1 day at home each week once probation is completed.PermStart: ASAPTo be successful in this role our client has said it is essential that candidates:have Mandarin both written and verbal to a native levelhave relevant level of Payments experienceIf that means this job isn’t a match for you please view our other vacancies for one that may be a better fit.What You'll be Doing:You will ideally have excellent understanding of the management of RMB clearing as an RMB Clearing Bank and a Direct Participant of CIPS, establishing policy and procedures, able to support the 1st LOD in discovering, detecting, documenting, managing and mitigating risks.You will ideally be experienced in managing regulatory reporting related to RMB clearing, managing regulatory change projects; including but not limited to the upgrading of RMB clearing related systems and will be experienced in designing and developing the RMB clearing service alongside assisting with the marketing.Be fully aware of and implement RMB Clearing Bank and CIPS Direct Participant requirementsFormulate, review and update RMB clearing and CIPS management policies and proceduresImplement the risk control requirements related to RMB clearing business and CIPSMonitor and manage RMB Clearing Bank and CIPS operational incidentsResponsible for RMB Clearing Bank and CIPS related regulatory reporting within required timelinesEnsure full compliance with the latest CIPS and RMB Clearing Bank rules and regulationsAnalyse RMB clearing and CIPS activities, identify relevant risks and documentAssist 1st LOD to discover, detect, document, manage and mitigate RMB clearing and CIPS related risks across a full range of risk typesPrepare and manage questionnaires and survey responses for HO, CIPS and RegulatorsManage the RMB Clearing Bank working group across the bank; implementing KPIs related to RMB ClearingDesign and develop RMB clearing service, assist relevant departments with the service and management for participating banks and the marketing of RMB clearing serviceEngagement in RMB clearing and CIPS related projects and service developmentCollaborate with relevant teams to manage the whole life cycle of the upgrade of RMB clearing related systemsCollaborate with relevant teams to provide business statistics and reporting for MI purposesEscalate to management of RMB Clearing related issuesThe Skills You'll Need to Succeed:Educated to Bachelor's Degree (preferable in Finance, Economics, Accounting)Specialist in risk management and financial products, services, process, especially in clearing and paymentsExperience of Swift Payment Processing and relevant global Payment SchemesAwareness of relevant legislations such as Consumer Duty, FCA and PRA RegulationsSolid experience of Swift payment processing and knowledge of international paymentsKnowledge of SWIFT Payment messages in both MT and MX format (ISO20022)Awareness of Risk and Controls - Relevant 3LoD knowledgeAwareness of Sanctions policiesExperience of writing policies, procedures and training materialsCIPS Payment Processing and relevant global Payment schemesExperience of building / testing / implementing SWIFT payments systems and project managementRelevant professional qualifications preferablePlease follow us on Linkedin: We would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.People First (Recruitment) Limited acts as an employment agency for permanent and fixed term contract recruitment and as an employment business for the supply of temporary workers. Please note that by applying for this job you accept our Terms of Use and Privacy Policy which can be found on our website.