Crédit Agricole CIB

Associate, Nostro Reconciliations (Day Shift) (BB-45D72)

Found in: Neuvoo HK


Job summary

Department: Capital Markets Operations

Team: CMT - Nostro Reconciliations


Operations & Country COOs (OPC) in Hong Kong is made up of four main teams:

  • Financing & Trade Operations (FTO) including Documentary & Guarantee Operations, Credit & Loan Operations
  • Transaction Banking Operations (TBO) covering client account operations
  • Capital Markets Operations (CMO) including Middle Office, Back Office and Transverse Operations functions
  • Asia & Middle-East Operations Projects (AOP) covering CMO, FTO, TBO and Transversal projects
  • Key Responsibilities

  • Perform complete daily reconciliations of various currency accounts, on a multi entity basis, in accordance with pre-defined deadlines
  • Perform preliminary investigations in order to accomplish manual matches wherever possible
  • Investigate and allocate all open items to the relevant department in charge of its regularization
  • Investigate unidentified amounts with the Nostro Agent/internal departments
  • Chase and escalate open/aged breaks regularly and in accordance with procedures
  • Post entries (charges, small differences, book to book...)
  • Distribute and repair swift messages to relevant department within agreed timeframe
  • Produce daily/monthly reporting within the deadlines
  • Assist the Team Head in supervising the day-to-day activities, ensuring that all processes are performed in accordance with the documented procedures
  • Assist Team Head to review procedures
  • Assist Team Head to carry out common projects / global initiatives / ad hoc projects
  • Liaise competently and professionally with contacts, both internally and externally (if applicable) ensuring that strong relationships are forged and maintained in key areas
  • To continually evaluate the reconciliation process ensuring that optimum matching rates are attained and that any negative trends are identified and addressed
  • Assist with specifying business requirements in order to enhance the reconciliation process
  • To actively contribute towards mitigating operational risk whilst performing daily responsibilities
  • Report and/or escalate issues in a timely manner to the Team Head
  • Personal data provided by job applicants will be used strictly in accordance with the employer’s personal data policies, a copy of which will be provided immediately upon request.

    La version française est disponible sur demande à votre RH locale

    Position localisation

    Geographical area


    Candidate criteria

    Minimal education level

    Bachelor Degree / BSc Degree or equivalent

    Academic qualification / Speciality

    •University Degree

    Level of minimal experience

    3-5 years


    •3-5 years' experience in Operations/Back-Office (payments, Nostro account management etc.) or accounting will be an advantage.
    •Swift messages knowledge such as MT103, 202COV, MT199, MT299,
    •Experience on reconciliation process will be an advantage (ledgers vs bank statements).

    Required skills

    •Ability to communicate clearly, easily and efficiently
    •Excellent sense of urgency and prioritization
    •Risk awareness
    •Proactive and client-oriented attitude
    •Team Oriented

    Technical skills required

    •Knowledge of accounting
    •Good understanding of the processing of Capital Markets Operations and its organization
    •Risk awareness (especially operational risk)
    •Proficient in Microsoft Office


    • English speaking, reading and writing (French would be an advantage)

    calendar_today2 days ago


    info Permanent Contract

    location_on Hong Kong

    work Crédit Agricole CIB

    I expressly authorise the Terms and Conditions

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