Specialist- FXMM Confirmations Emiratized Role
Posted on :
03-04-2025
Employer Active
1 Vacancy
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Job Description
JOB PURPOSE:
- To ensure FX/MM/Islamic products deals have captured correct details and settlement instructions counterparty confirmations have matched with our deal details thus enabling error free settlement of all deals in a timely manner to prevent any loss/penalty to the Bank.
- To ensure deal details of all deals are matched through electronically established confirmation matching system Matcher manager/Misys/ FXall or to ensure all received document confirmations have been checked and match with the deals in Murex.
- Successfully coordinate with FX/MM Settlements team for work by preparing payments manually or post accounting entries ensuring all deals are settled before the related currencys cut off time
Job Context:
- MM/FX/ISLAMIC trade validation/ Matching and after ensuring that all deal details input by dealer are correct for entities i.e. FAB ADFAB LONDONFAB HONG KONGFAB OMAN AND FAB CAYMAN etc.
- Monitor and update commercial payments log sheet
- Prepare MT103 in swift alliance related to treasury trades and submit to Payments team to release when needed.
- Prepare MT 103/202 manually in NBADFTS when required.
- Amend NBADFTS AED payments for MM/IMM maturity deposit deals
- Monitor all group emails and ensure that appropriate action is taken
- Monitor trades with missing SSI prepare SSI forms submit to RDG team and followup
- Liaise with the dealer for any missing deal to be booked
- Follow up with the trader via email/phone if the deal is booked incorrectly and for any amendment required
- Monitor auto emails generated from Murex in manual doc confirmation email inbox and ensure that confirmations are send to relevant C/P
- Check confirmations received/sent in unmatched status in Matcher manager/Misys/ FXall/Bloomberg/ ... etc. and send chasers when needed.
- Input ADIA/FAB Cayman/FAB London CLS positions manually in Murex When Position gets changed in HSBC NET or if required
- Prepare manual confirmations when needed
- Handling commercial payments by scanning settlement instructions to FXMMpayments team via email
- Ensure that trade validation and Matching queues in MUREX are clear at EOD
- Ensure that swift modification queues are clear at EOD for all entities i.e. FAB ADFAB LONDONFAB OMANFAB HONG KONG and FAB CAYMAN
- Prepare Islamic confirmations both swift and document format
- Validate /Match payments from Murex after checking status in Matcher manager/Misys/ FXall/Bloomberg/HSBCNet ... etc.
- Verify signatures in Intellect and T24 when needed
- Liaise with GM Clients and other GMO desks any other department/branch in the bank
- Liaise with Investigations team for any customer query
- Take part in all shifts 5AM till 9 PM) duty as required and prepare the shift schedule for the teams.
- Support AVP & Manager with all requirements such as reporting/QPR update/SOP/KRI/Audit/STP report/Capacity/KPI etc.
- Manual posting of Intellect/T24 entries when required.
Qualifications :
Minimum Qualification
- Bachelors degree in related discipline.
Minimum Experience
- 1 year relevant experience in the banking sector
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
Key Skills
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