Clearing Business Analyst

About the role

The Clearing Business Analyst assists in managing clearing operations for Euro and foreign currency transactions within the ICBC group. This role supports payment settlements, ensures compliance with regulatory standards, and contributes to correspondent banking activities. It is designed for candidates looking to build a career in banking operations.

Responsibilities

• Oversee payment settlement through local payment channels such as TARGET2 and SEPA.
• Confirm debit positions, process clearing fees, and select appropriate clearing channels.
• Handle manual processing and settlement of incoming Euro and foreign currency payments.
• Ensure compliance with regulatory standards, including AML and reporting of suspicious transactions.
• Facilitate fund clearing for financial transactions, trade finance, and asset management.
• Oversee international credit card settlements with MasterCard and Visa.
• Manage the opening, maintenance, and closure of correspondent bank accounts.

Required skills

• Business Analyst
• Payment settlement
• AML
• Financial reporting
• English
• Chinese

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or a related field

Benefits

• International corporate banking platform
• Global banking network access
• Professional development opportunities

About the Company

ICBC Frankfurt Branch is part of one of the world’s largest banking groups, operating an international corporate banking platform in Frankfurt with a strong focus on China-Europe business.