AVP/Senior Associate, Authorizer - Structure Trade Operations, Institutional Banking Group Operations (IBGO), Group COO Greater Singapore Area

Business Function

Group Operations enables and empowers the bank with an efficient, nimble, and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group Operations, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Responsibilities

Manage daily Trade Finance transactions authorization (Import/Export/SBLC issuance)

Allocate and Distribution Ready-to-process transactions to respective processors at beginning of day

Establish duty rosters for processors and authorizers

Be customer centric and manage daily work flow to meet and exceed client expectations

Provide solutions and or recommendations on trade finance matters

Responsible for identifying and making right decisions to resolve operational issues and ensure timely escalation

Ensure all transactions and tasks assigned are carried out in accordance with the operating and compliance procedures

Ensure day to day transactions are processed and authorized within stipulated Service Level Agreement

Ensure assigned Officers duties are duly performed E.g. Daily Reports, IMB Reporting, Swift messages and others

Work closely with STMO, BU, GTS and other stakeholders on the daily transactions

Provide guidance and training to staff to ensure Department SOP, Bank’s policies and guidelines are strictly adhered to

Monitor and perform controls on entries reconciliation, investigation and follow-up on ad-hoc matters

Timely escalation of operational risks incidents

Identify areas to improve quality, productivity and efficiency

Achieve to meet Goals Setting (KPI)

Participate in ad-hoc projects and ensuring that the assigned tasks are completed within stipulated time frame

Participate in assigned UAT and LV for system enhancement and implementation

Requirements

Minimum 5 years working in Trade Finance Operations within a bank, with at least 2 years of experience in authorization, preferably in the Structured and Commodity Finance environment covering all Trade Finance products (Import/Export/SBLC issuance)

Strong interpersonal and communication skills with the ability to adapt to the changing needs of the organization and demands of both internal and external stakeholders

Extensive knowledge in Trade Finance products and regulatory sanction requirements

Coach and guide team to ensure SOP, Bank’s policies and guidelines are adhere to

Review policies and procedures and identify areas for improvement

Exercise sound judgement on transaction monitoring and escalation of red flags

Strong logical and problem-solving skills

Conversant & competent in application of UCP600, ISBP, URC522, ISP98, URR725 and Incoterms

Proficient in SWIFT messages such as MT7xx, MT4xx, MT202 and MT103

Work cohesively to build alliances and partnerships with Structured Trade Middle Office (STMO), Regional Trade team, Business Units (RM and GTS) and other stakeholders

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

Location:

DBS Asia Central

Job:

Operations

Schedule:

Regular

Employee Status:

Full time