CIB Operations Job Description

CIB Operations Job Description

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CIB operations provides international securities and escrow management in support of clients' derivatives exposures in line with their ISDA and VM Agreements.

CIB Operations Duties & Responsibilities

To write an effective CIB operations job description, begin by listing detailed duties, responsibilities and expectations. We have included CIB operations job description templates that you can modify and use.

Sample responsibilities for this position include:

Interact with Treasury on rate settings for foreign currencies and USD loans
Interact with customers for all cash movement activity
Coordinate transactions between customers, Agent Banks, Participant banks, Front office, Americas Treasury Division (ATD) and other parties
Manage a portfolio of bank debt trades from trade date to settlement date coordinating all aspects of closing process for Primary, Secondary and Third Party Agency Trades
Coordinate operational aspects of closings with counterparties including tracking and maintaining inventory positions
Process all Standard Settlement Instructions and link them to corresponding Investors in ACBS and other systems, if applicable
Process all investor notifications related to operational activities and manage all investor questions and requests
Manage the administrative aspect of all New Deal Closings
Report to Management, Supervisors and Account Officer all transactions that require special handling or approval
Calculate, invoice and disburse ongoing interest and fee payments from a Borrower and/or Lender perspective

CIB Operations Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for CIB Operations

List any licenses or certifications required by the position: CDCS, CITF, JSDA, CMA, GLRS

Education for CIB Operations

Typically a job would require a certain level of education.

Employers hiring for the CIB operations job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Accounting, Business, Graduate, Economics, MBA, Business/Administration, Management, Leadership, Finance/Economics

Skills for CIB Operations

Desired skills for CIB operations include:

KYC/Compliance/AML procedures and standards
Multiple client types
Financial industry with in-depth expertise in various lines of business
Global Custody
Securities
Excel
Loans
Cash
Derivatives
Escrow

Desired experience for CIB operations includes:

Interact with Wire room to insure all payments successfully delivered to Borrower and Investors
Responsible for verifying integrity of transaction
Accountable for ongoing quality, integrity and completion on all data
Act as a trouble-shooter for deal management related problems
Communicate with treasury to confirm discrepancies in funding rates
Reconcile statement to ledger entries

CIB Operations Examples

1

CIB Operations Job Description

Job Description Example
Our company is hiring for a CIB operations. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for CIB operations
  • Research and resolve issues and serve as a backup to the Operations Supervisor
  • Will be part of the Broking operations which carries out Trade contracting and Trade settlement functions
  • Managing and coordinating event scheduling and planning with external asset managers and custodians all impacted internal parties
  • Identifying problem assets, positions in liquidation prior to transition
  • Ensure adherence to the broader global and regional Readiness teams
  • Adhere to global Readiness standards and tools
  • Strong information sharing and working co-ordination/harmony with other Readiness teams
  • Understand critical milestones and manage the associated deliverables in the Readiness space
  • Be responsible for reporting updates to the programme as required
  • Ensure all risks to Readiness are identified and managed
Qualifications for CIB operations
  • Experienced in custody business (preferred)
  • 3 years of experience in financial industry (preferred)
  • Flexible approach to the daily workflows / hours required to perform the role
  • Background in Risk Management, Controls Oversight, Compliance, Audit is strongly preferred
  • Professional experience in Investment Bank Middle and/or Back Office, Banking or Investor Services Operations is desired but not essential
  • Proactive individual contributor and a self-starter, who is able to deliver consistently and at a high standard whilst under pressure and who is comfortable working independently in a dynamic and challenging environment
2

CIB Operations Job Description

Job Description Example
Our company is searching for experienced candidates for the position of CIB operations. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for CIB operations
  • Process daily cash operations work
  • Monitor and verify daily processing for local currency payment and receipt low value transaction – Direct Debit/Direct Credit, high value transaction- Bahtnet, manager check issuance, ICAS Cheque clearing, Bill of Exchange, Lock box, cash pick up outstanding items & return
  • Manage risks/issues/assumptions/dependencies using the Action Log, Ops Scorecard and PQSA
  • Define, collate and track key metrics that highlight progress to date using the above artefacts
  • To gain a sound understanding of the CIB Operations support function
  • Ownership and resolution of all daily tasks any extraordinary issues that arise
  • The ability to maintain and provide a sound operations control environment
  • Ad hoc project management/co-ordination
  • Performing all required reconciliations and control processes
  • Perform system data feed analyses and identify gaps
Qualifications for CIB operations
  • Native Japanese skills/ Business level English skills
  • Experienced in customer services
  • Business knowledge Investment Banking, Middle Office or Operations
  • Possess good people management and leadership skills
  • Ability to identify opportunities and promptly initiate action and escalate potential risks to minimize operational & financial loss
  • Understanding on rules and regulation relevant to the Banking Ops, Bank Negara Rules and Guidelines, Myclear Procedure and Rules, UCP 600, Bank Guarantee/SBLC- ISP98 - URDG, Documentary Collection/URR 725
3

CIB Operations Job Description

Job Description Example
Our company is growing rapidly and is hiring for a CIB operations. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for CIB operations
  • Establish and implement action plans for offsetting said data gaps
  • Document process flows and touch-points
  • Develop understanding of Expense Management systems and process flows
  • Participate in and lead project meetings, document discussions and drive open items to closure
  • Develop user guide aligned with process flows with screenshots for training/audit purposes
  • Ensure risk/compliance guidelines are followed at all times while meeting client needs
  • Streamline processes from front office to back office systems
  • Troubleshoot, liaise and escalate with Madrid support teams for the systems and processing engines
  • Maintain budget for teams
  • Lead, direct and implement key projects as determined by Global Operations CIB USA Management
Qualifications for CIB operations
  • Strong work ethic – reliable, committed, productive, cooperative, self-disciplined, trustworthy, accountable
  • 5 years Operations/Project management/Business Analysis experience in the Financial Services industry
  • Strong written and verbal communication skills, with the ability to write/convert business requests into final Business Requirements Documents
  • Strong analytical and organizational skills, with the ability to synthesize diverse, disparate information, while asking pertinent questions to solicit information from stakeholders to achieve goals
  • Excellent command of English and Japanese is necessary to be able to communicate with the Japanese accounts
  • Previous experience in client service is preferable
4

CIB Operations Job Description

Job Description Example
Our innovative and growing company is looking for a CIB operations. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for CIB operations
  • Coordinate with Internal Control and Policies and Procedures to meet with global guidelines and regulatory requirements
  • Review and adherence to 15A6 regulations for trades with US customers
  • Facilitate the introduction of new business products by ensuring proper settlement support with regulatory compliance
  • Manage the Client onboarding Team for the clients of CIB in the three US operating vehicles
  • Member of the IT/Data Security CIB USA Management Committee, among others
  • Track project status and provide status reporting to global implementation lead and senior stakeholders
  • Working with offshore support teams regarding work profile and model changes and updates, etc
  • Ensuring staff are complying with Service Level Agreements to ensure prompt processing of documentation
  • Assist Sales Staff by attending new and existing client calls
  • Assist with the implementation of new clients ensuring documentation is completed correctly
Qualifications for CIB operations
  • MS or MBA in Project Management is highly preferred
  • 15+ years of Investment banking experience in USA
  • Strong operational and outsourcing background with US and foreign banks
  • Ability to make decisions, plan effectively and work under pressure
  • Possess strong leadership skills and management skills
  • High Regulatory knowledge, Dodd Frank, Volcker, AML/BSA
5

CIB Operations Job Description

Job Description Example
Our company is growing rapidly and is looking for a CIB operations. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for CIB operations
  • Generation of local and global regulatory reports
  • Client Asset Segregation control and reporting for the entity
  • Corporate Action control for Japanese Equities for JPMSJ and affiliate entities
  • Legal Ledger/Regulatory Reports generation
  • Creation of internal reports including MIS reports
  • Act as the primary control over the accurate capture of the business’ transactions in the Risk Management System
  • Verify new transactions executed throughout the day against Termsheet, Sales Recap and Broker Confirmations
  • Ensure compliance with Regulatory standards such as Dodd Frank Reporting, EMIR, EBC Pre-Trade Disclosures, Clearing, Volcker Reporting and Legal Entity push-out programs
  • Monitor and manage trade events throughout the lifecycle of the transactions, option exercises, knock ins/knock outs, rate fixings, TARNs and barriers
  • Liaise with Marketing support, downstream settlement, collateral, finance, and other Back Office control groups
Qualifications for CIB operations
  • Experience in dealing with Regulatory bodies in periodic exams
  • Control and Audit experience
  • Good writing skills, attention to detail good communication skills
  • Fluent in Spanish recommended
  • Project skills and influencing others to drive major system migration or changes
  • Detailed Invest One Knowledge

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