Japanese speaking Back Office Clerk
Ref: MY47305


A Japanese bank is now looking for a Japanese speaking Back Office Clerk who is able to start immediately to undertake the settlement of treasury transactions and prepare relevant risk and exposure monitoring reports. You will be in charge of all back-office duties such as settlements after specific deals are made and dealing with various financial products including money market deals, loans, and forex, as well as supporting their Middle Office functions.
Native level of fluency in English and conversational level of fluency of Japanese language is required for this role.


Type: Permanent, full-time
Working hours: 9:00-17:00 from Monday to Friday (Hybrid work available: up to 10 days/month remote after training period)
Salary: £30k~ depending on experience, plus bonus (summer & winter) depending on companies’ performance
START: ASAP
Location: London
BENEFITS: Lunch allowance, pension and private medical insurance


Back Office Clerk Principal Tasks:


Back office (primary role)


Settlements
*Carry out the settlement of all transactions carried out by the branch’s treasury function: Money market deals, including CDs, Securities purchases and sales, Interest rate and currency swaps, Repos, Loans, Interest rate and bond futures, Forex
*Prepare and input instructions for payments (SWIFT, PC-based systems), including expenses payments for general affairs section
*Prepare and input instructions for custodian movements (PC-based systems/SWIFT)
*Prepare and input data
*Monitor and reconcile reports on settlement and custody accounts; monitor intra-day movements
*Daily sanctions screening


General
*Prepare daily/monthly PC reports (treasury positions, bond portfolio)
*Reconcile brokerage statements and prepare payments of amounts due
*File deal tickets/confirmations, account statements, bond and swap transaction documentation, PC reports
*Process audit requests


Middle Office – support role
*Prepare regulatory returns and other internal reports
*Perform other functions relating to the Middle Office
*Assist with periodic back-up tests
*Prepare monthly and other periodic reports relating to the bond and loan portfolios as required by Head Office
*Undertake credit reviews relating to the bond portfolio
*Data input
*Other assistance to General Affairs Section when required


Back Office Clerk Knowledge Requirements and Qualifications:
*Familiarity with settlement and custodian systems - CHAPS, SWIFT, Euroclear
*Knowledge of relevant money market and securities products
*PC literate (Word, Excel, Lotus 1-2-3)
*Bloomberg
*Understanding of UK, EU and Japanese regulatory requirements relevant to the branch’s settlement activities, including: PRA/FCA Conduct Rules, Codes of Market Conduct, including the Bank of England’s Money Markets Code
*Money Laundering Regulations
*Native level of fluency in English and conversational level of fluency in Japanese




** All applicants must have the right to work in the UK as the Company is not able to offer visa support (Unfortunately, we don’t accept applications from YMS, Student, and Graduate Visa holders).


A successful candidate should have native level English and have strong interest in the finance industry. Also due to the nature of the office environment, Japanese language skills or cultural background/understanding would be beneficial but not essentials.