Clearing Business Analyst

About the role

The Clearing Business Analyst will assist in managing clearing operations within the ICBC group, including Euro and foreign currency transactions. This role involves supporting payment settlements, ensuring compliance with regulatory standards, and contributing to various aspects of correspondent banking.

Responsibilities

• Oversee payment settlement through local payment channels such as TARGET2 and SPEA.
• Confirm debit positions, process related 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 anti-money laundering (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 within the ICBC group.

Required skills

• Business Analyst
• Banking operations
• Clearing
• Settlement
• Payment processing
• English
• Chinese

Qualifications

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

About the Company

ICBC Frankfurt Branch is part of one of the world’s largest banking groups, operating an international corporate banking platform in the heart of Frankfurt.