About Cathay Bank
More than half a century ago, we opened our doors at Cathay Bank to serve the growing Chinese American community in Los Angeles. We helped our customers put down new roots with cars and homes, and we supported their businesses, which continue to sustain generations. We remain committed to enriching the journeys of our customers and the diverse communities we serve.
Over time, weve expanded along with our customers. Today, were a subsidiary of Cathay General Bancorp (NASDAQ: CATY), a publicly held bank holding company. We operate in nine states across the United States, including California, New York, Illinois, Washington, Texas, Maryland,Massachusetts, Nevada, and New Jersey, and we have outposts in Hong Kong, Beijing, Shanghai and Taipei. Forbes named us the #10 Best Bank in America in 2019. Along with our extensive experience and innovative thinking, we bring an open mind to every interaction and a willingness to work with customers and communities in ways that best suit their needs. Our lines of business include personal banking, home mortgages, business banking, corporate lending, cash management, SBA loan programs, community lending, international banking, foreign exchange, and wealth management.
Are you passionate about a potential career in the financial services industry? Cathay Bank is excited about whats to come for our company and customers. Our employees are the reason our customers can get where they want to go and aspire to whats next. If you bring your best self to work, see opportunities instead of obstacles, and always want to advance in your career, then Cathay Bank may be a great fit for you. Were excited to offer our employees opportunities to grow and develop in their
career journey. We also provide the resources, support and freedom so that employees can best deliver an extraordinary customer experience. Join Cathay Bankand be energized by whats possible for your career!GENERAL SUMMARY
Following established policies and procedures and under supervision, assists in the areas of foreign exchange described below.
The incumbent has no direct reports.ESSENTIAL FUNCTIONS Settlement Functions:
Assures the accuracy of verification, confirmation and settlement of foreign exchange transactions.
Investigates outstanding items from reconciliation of foreign currency nostro accounts.
Reconciles and investigates outstanding items on foreign exchange and foreign currency banknotes G/L clearing accounts, nostro accounts.
Check the correctness of daily currency banknote rate before upload to Intranet.
Verify/Authorize all daily FX transactions.
Input GL entries.
Prepare daily, weekly, monthly and quarterly reports for management review.
Perform end-of-day processing of daily transactions.
Performs gate keeper function and reports foreign exchange transactions related problems to Treasury Risk Management team.
Work with sales and funding team in monitoring and solving problem on foreign exchange activities.
Check / sign daily federal wire payment.
Release daily MT300 and MT202 swift for FX trade confirmation and payment.
Create/send swift message to correspondent banks.
Communicate with counterparties for any changes in FX trades including swift code and account number changes.
Participate in FX system integrations and conversions and ensure that relevant material is efficiently communicated.
Prepare/Upload DTCC reporting.
Respond enquires from auditors, counterparties, dealers and other departments.
Education: Bachelors degree in related field preferred.
Experience: Minimum 2 years of experience in foreign exchange operations and wire transfer environment.
Skills/Ability: Basic knowledge of MS Word and Excel; some knowledge and understanding of International and International Wire Transfer functions; good verbal and written communication skills; good math skills.
Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our .
Cathay Bank is an equal opportunity employer. It is the Banks policy to provide equal employment opportunities to all qualified applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
Cathay Bank endeavors to make accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Lori Burquez, VP, Sr. Employee Relations Manager, at (626) 279-3666 or . This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
Click here to view the EEO is the Law poster in English.
Click here to view the EEO is the Law supplement in English.
Clic aquí para ver la EEO es la Ley póster en español.
Clic aquí para ver la EEO es la Ley suplemento en español.