Title: Contract Associate

Post on: Nov 14, 2025

Location:

HK

Sumitomo Mitsui Banking Corporation (三井住友銀行) (incorporated in Japan with limited liability) is one of the major international banks and a leading arranger of specialized financial products worldwide. The Bank's Hong Kong Branch is now seeking high calibre individuals with long-term career objectives to apply for the following position:

Contract Associate -

Operations Department - Clearing and Deposits

Job Duties & Responsibilities:

To supervise the Deposit Team in ensuring all deposit services are delivered in an efficient, accurate and professional manner. Ensure all deposit transactions, including early termination, funding control and confirmation handlings are processed in accordance with industry practice, internal and regulatory requirement.
To monitor structured deposits are processed in compliance with Deposit Protection Rules. Maintain the register of customers’ negative notice acknowledgement and customers list to ensure no omission.
To support AMS Team whenever in need and assist to check and authorize account opening, closing and change of information. Control other records updating and monitor dormant account operations are processed in accordance with internal and regulatory rules, procedures, and banking practice.
Provide coaching and guidance to subordinates and other clerical staffs in better discharging their duties. Appraise their performance and monitor their progress of improvement whenever necessary.
Support any other administration tasks in the dept., including any system project development, drill test, UAT testing and implementation, etc. as may be assigned from time to time.

Requirements:

Matriculated and education at tertiary level preferable.
Over 8 years hands-on deposit operations related banking experience with at least 2 years at supervisory level. Degree or diploma holder with less experience would be considered.
Good knowledge in deposit accounts activity compliance checking against anti-money laundering or anti-terrorism.
Fluent spoken English, Chinese and Mandarin. Knowledge in Japanese would be a preference.

Please apply with detailed resume stating latest and expected salary.

SMBC is an equal opportunity employer. We are committed to fostering a diversified and inclusive workplace and removing barriers to provide equal access to employment.

Note on Mandatory Reference Check ("MRC") Scheme:

The MRC Scheme seeks to address the "rolling bad apples" phenomenon in the banking sector in Hong Kong, i.e. situations where individuals who engage in misconduct during their employment in one institution are able to obtain subsequent employment in another institution without disclosing their misconduct to the new employer. Against this background, the HKMA proposed a framework to facilitate Authorized Institutions ("AIs") to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual's previous employments can be provided to AIs to inform their employment decisions.

For in-scope positions, satisfactory completion of MRC process is pivotal for the consideration of employment decision. For details, you may visit HKMA's website and refer to the latest FAQs issued by HKAB. Further details will be shared on request if your application is being proceeded.

Application details will be used only for recruitment purposes, and will be destroyed after 1 year. Applicants not contacted after 6 weeks may consider their applications unsuccessful.

Job Function: Operations Department - Clearing and Deposits