AVP, Payment Operations - BNP Paribas

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 17,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

Worldwide, BNP Paribas has a presence in 73 markets with more than 196,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you're valued as part of the team.

• excluding partnerships

Key Responsibilities

• Handles incoming/outgoing remittance transactions in accordance with BNM regulations and process the remittance through RENTAS (RTGS) system within the stipulated time.
Monitor the completion of Rentas payment i.e. MT900 or MT198 and perform the necessary
• up actions.
• Perform the four legs or clearing transactions within the stipulated cut off time.
• Processing of Inward & Outward chq clearing via CHEQUEWORKS system.
• Processing of LVP, Payroll, NBPS, Direct Debit and other domestic product
• Download payment related reports.
• Prepare time deposit (FTD) form and further scanned to ISPL via ELINX.
• Monitor the daily maturity of FTD and raise the necessary BATMAN entries and vouchers.
• Prepare Loan Memo for drawdown/rollover for client, get signatures from therespective department. Processed via Rentas/ TT payments, scanned related/all the supporting docs via ELINX to ISPL.
• Processing of Incoming and Outgoing transactions
• Perform the 'maker' function in payment system and ensure all remittance transactions areprocessed accordingly.
Perform the maker' function in ICHEQUE and ensure the CC and CO being process accordingly•
• up with RM for all those original documents from clients (exception case)
• Report any incoming/outgoing transactions to Treasury
• Participate in any system testing from the internal and BNM systems as of when required.
• Responsible to ensure completion of data entry in Cash BOP system relating to payment transactions.

Qualifications - External

Requirements

• Good teamwork
• Good analytical thinking for process improvement and projects.
• Conversant with various rules and related banking laws related to domestic payment transactions e.g. IBG and RENTAS procedures, Local bank regulations
• Conversant with various Payment policy such as FEA and other domestic Reporting requirementby BNM or Paynet
• More than 5 years' experience in Payments, Clearing and Cash Management Operations

Job ID 12359358