Control Officer

INTERNAL

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Position Title:  Control Officer

Job Summary:

Responsible for carrying out control functions in Treasury, i.e. limits, & net open position monitoring, and nostro accounts and treasury settlement accounts reconciliation. Also responsible for following up with concerned branches/units of any documentation deficiencies.

Role Exposure:

•          Runs and reviews the OPICS Daily Counterparty Limits Monitoring report; takes note of and investigates any breach/es and prepares the necessary report in accordance with existing                  policy.

•          Runs the OPICS Daily Monitoring Report for Traders/Verifiers Limits; takes note of and investigates any breaches and prepares report in accordance with prescribed guidelines.

•          Reviews Treasury Open position report for any breaches and prepares report in accordance with prescribed guidelines.

•          Reviews deals in the blotters from various Trading  platforms (e.g. Reuters) are reconciled promptly with OPICS deal entries; notifies concerned Trader/TG officer of any unposted deals               for appropriate action.

•          Ensures that reports are accurately prepared including matched trades and submitted to the concerned parties within the prescribed deadline.

•          Ensures that the Treasury Settlement Accounts maintained by Treasury are promptly reconciled with the OPICS deal entries; advises the concerned Trader/TG/IMDD Officer of any                        discrepancy for immediate corrective action.

•          Reviews the float items appearing in the reconciliation statement for Nostro and Due From/to Branches accounts as provided by Specialized Accounting Division; ensures that these                    float items are verified and eliminated immediately in coordination with concerned units.

•          Reviews OPICS deal entries and ensures that no unverified or unauthorized prior to advising NCED to start End-of-Day (batch) processing; calls the attention of the concerned Trader/TG               Officer/TOSD officer of any unverified/unauthorized deals on or after agreed cut-off tiem in OPICS.

•          Provides feedback to the Head of Documentation and Control Department on issues concerning the section and recommends appropriate solutions for consideration.

•          Acts as main custodian of accountable forms and ensures usage/issuance is properly controlled and accounted for; ensures that stocks of accountable forms are kept within reasonable               level.

•          Acts as main custodian of the Division’s vault and ensures that it is properly maintained.

•          Acts as main custodian of the Division’s stationery and supplies and ensures that requisitions are properly made and are maintained within reasonable level.

•          Acts as main custodian of the Division’s files and records; conducts regular clean up of files and records and ensures that records delivered to the Bank’s main repository are properly                  accounted for.

•          Rates the performance of Treasury Operations Assistant assigned at the Control Section.

•          Assists the Control Section Head in the periodic review of operating and control procedures to streamline and improve operational efficiency of the Division.

•          Acts as reliever to the other officers of the Department as may be designated by the Department Head; performs other related functions that may be assigned from time to time.

Qualifications:

Certified Public Accountant or at least graduate of Accountancy, Management or other business related courses. 

With at least 3 years experience in any area of Treasury operations or Collateral management.

Other Details:

Rank: Junior Officer

Unit: Enterprise Services Sector | Operations Group | Treasury Operations Department

Location: Metrobank Center, BGC