KOTRA London provides recruitment services to companies based in the UK and South Korea. As part of its services, we place job advertisements on behalf of our clients, review applications, and provide application details to our clients.
Our client Korea Development Bank, London Branch is recruiting an Assistant Manager / Operations to join their business in the UK.
KDB London is the European hub for the KDB Global Network offering diverse financial services in the areas of corporate finance, trade finance, derivatives, securities investment and treasury.
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- English: Able to communicate in all situations
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1. MAIN FUNCTION OF JOB
Specific: (Including Prescribed Responsibilities)
- Performing the role of Assistant Manager in Operations
- Assisting the Head of Operations in performing Operations duties
General
- Adhering to FCA’s Conduct Rules (both Individual and Senior Manager’s Conduct Rules)
- Adhering to FCA’s Principles of Business & PRA’s Fundamental Rules
- Adhering to all systems, controls & Regulatory guidelines
- Maintain compliance with all policies and procedures of the Bank
2. KEY TASKS
- To maintain effective support for the Front Office and ensure the timely and accurate verification and settlement of all transactions. The role provides critical operational support across a variety of financial products, while ensuring smooth daily operations.
- Transaction Processing & Settlement: Process, verify, and settle transactions accurately and timely in the core banking system (KINS) across various products including FX, Money Markets (MM), Derivatives, Corporate Loans, and Securities.
- Trade Confirmation: Prepare, check, and manage inbound and outbound confirmations, fixing notices, and resets for all transactions, ensuring details accurately match prior to value dates.
- System & Documentation Management: Manage data inputs and reporting across various systems (e.g., KINS, Murex, Euroclear), and ensure all trade documentation, invoices, and month-end statements are accurately processed, authorized, and filed.
- Corporate Actions & Funds Tracking: Monitor securities settlements and corporate actions in Euroclear, and track all inbound funds expected in relation to Corporate Loan activity, chasing clients when delayed.
- Communication & Support: Maintain effective communication channels with front-office trading teams, clients, and settlement agents to resolve queries, and provide cover for other operational staff members when required.
3. REQUIRED SKILLS AND COMPETENCIES
- Excellent English communication skills, both verbal and written.
- Strong analytical, planning, and time-management abilities, with the capacity to prioritize effectively in a fast-paced environment.
- Practical experience and proficiency in MS Office Suite (advanced Excel, Word, PowerPoint)
4. ESSENTIAL EXPERIENCE
- Minimum 3 years of back-office operations experience in a banking or financial institution environment.
- Strong financial awareness and a keen interest in the banking environment.
5. DESIRABLE QUALIFICATIONS AND KNOWLEDGE
- Prior exposure to back-office operations, trade settlements, or systems such as Euroclear, Murex, or equivalent platforms would be advantageous
The tasks listed in this job description are not exhaustive. Additional duties may be assigned by the manager and adjusted in line with organizational needs. The employee may also be assigned or transferred to different functions within the branch, depending on business needs.
5. WORKING CONDITIONS
- Work type: In person (no remote arrangements available)
- Visa: Valid right to work in the UK (required)
- Address: 22 Bishopsgate, City of London, London
- Annual Salary: Will be determined after interviews depending on skills and experience
- Recruitment: Full-time / Permanent / 3-month probation
- Working hours: 7 hours/ 5 days (08:30 – 16:30, 1 Hour lunch break)
- Holiday: 23 days in the first full holiday year (+ UK Bank Holidays)
* Please note company’s holiday year runs from 1st Jan to 31st Dec
- Insurance: Group life assurance, Group income protection, Upon successful completion of probation period - Private health and dental insurance
- Recruitment period : Rolling basis (applications are reviewed on a rolling basis)
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6. How to proceed
(1) Document review (Written review of submitted documents)
(2) Introductory Screening call
※ Interview candidates will be notified individually only to those who pass the document screening
(3) First Interview (comprehensive evaluation of skills required for job performance through interview and language evaluation)
(4) Second Interview
(5) Screening
Job Type: Full-time
Work authorisation:
- United Kingdom (required)
Work Location: In person
