Financial Institutions Officer

Industry Category	Accounting / Finance	Position	Banking / Finance
Recruitment Department		Number Of Recruits	several
Work Location	All Cities	Nature Of Work	Full Time
Gender Requirements	Male	Marriage Requirement	No marital status restrictions
Education Level	College Diploma	Work Experience	No work experience restrictions
Age Requirement	Above 18 years old	Salary Package	Negotiable
Updated Date	2022-10-04	Valid Until	Valid for a long time

JOB SUMMARRY:Assists the BMD-FIGD Head in the overall relationship of FMS with its counterparties and in the attainment of business objectives of the Department.MAJOR RESPONSIBILITIES: 1. Performs review of limits of various foreign and local counterparties of FMS prior to expiry date and handles timely renewal thereof, to ensure business and transaction continuity of the various FMS desks.2. evaluates new counterparties for the establishment of relationship and set-up of limits in coordination with the requesting FMS desk to meet their requirements on the trading side.3. Prepares credit proposals for the investments of Treasury Group (TG) which are pre-requisites before TG desks can purchase and secure investments for their own books and for sell-down to end-user clients of the Bank; and submits these proposals for approval of the Bank's Credit Committee (CreCom), Executive Committee (ExCom) or Board of Directors (BOD)/Related Party Transaction Committee (RPT), as applicable.4. Assists relevant TG desks in the discussion, negotiation and execution of product-specific agreements such as Global Master Repurchase Agreement (GMRA), International Swaps and Derivatives Agreement (ISDA), Credit Support Annex (CSA) and Cleared Derivatives Execution Agreement (CDEA) which are pre-requisites of Derivatives and Repurchase transactions.5. Facilitates the Know-Your-Customer (KYC) and Anti-Money Laundering (AML) due diligence requests of counterparties and ensures timely compliance which is critical to the business relationship with counterparties and coordinates relevant matters to the Bank's Compliance Division and Office of the Corporate Secretary (OCS).JOB QUALIFICATIONS:Candidate must possess at least a Bachelor's/College Degree , Economics, Finance/Accountancy/Banking, Human Resource Management, Business Studies/Administration/Management, Marketing or equivalent.At least 5 year(s) of working experience in the related field is required for this position.

China Banking Corporation (China Bank) stock symbol CHIB, commenced business on August 16, 1920 as the first privately-owned local commercial bank in the Philippines.China Bank is one of the leading private universal banks in the country. It offers a full range of banking products and services to corporate, commercial and retail customers, as well as thrift banking, investment banking, bancassurance, and insurance brokerage services through our subsidiaries.With nearly a century of solid financials, strong commitment to quality service, significant contribution to the country's financial landscape, and an enduring legacy of successful partnerships with generation of clients, China Bank remains one of the most respected, trusted, stable, and profitable financial institutions in the country.