Mandatory Reference Checking Scheme (“MRC”) for Hong Kong

The Mandatory Reference Checking Scheme is a framework to facilitate Authorized Institutions (“AIs”) to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual’s previous employments can be provided to AIs to inform their employment decisions.

For information related to MRC Scheme, “Frequently Asked Questions for In Scope Individuals” is published by HKAB/Industry Guidelines (https://www.hkab.org.hk/en/home) or further information will be available upon request, if it is applicable to the position(s) applied.

Country of Location:

China Hong Kong

Job Responsibilities:

• Check and approve SWIFT/ CHATS remittance transactions. • Assist team head to supervise daily remittance operations. • Handle remittance inquiries from internal and external customers. • Handle and follow up complicated and irregular remittance cases. • Perform AML/CFT name screening evaluation of remittance transactions. • Respond to AML/CFT related enquiries from correspondent banks. • Manage watch list and special pricing for customers. • Perform day-end reconciliation of payment messages. • Assist in preparing monthly management report. • Monitor daily transaction processing of Faster Payment system. • Report issue found on Faster Payment transactions. • Handle exception case of Faster Payment transactions. • Prepare monthly MIS reports for Faster Payment transactions. • Perform other duties assigned by Team Head and supervisors.

Requirements:

• Post-secondary education or above is preferred;
• Minimum 3 years of relevant experience in remittance operations is preferred;
• Well understanding in Remittance and Payment products and operations (Faster Payment System, SWIFT Alliance System, CHATS and payment systems);
• Good knowledge of payment industry trend and market knowledge;
• Familiar with regulatory requirements such as AML Compliance on payment;
• Proficient in MS Office;
• Prudent and attentive to details;
• Good command of written and spoken English and Chinese.