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AVP/Senior Associate (Part-Time), Structured Trade Operations (Authorizer), Institutional Banking Group Operations, Technology & Operations

DBS Bank Limited Singapore
Posted 3 days ago Permanent Competitive
AVP/Senior Associate (Part-Time), Structured Trade Operations (Authorizer), Institutional Banking Group Operations, Technology & Operations
Business Function

Group Technology and Operations (T&O) 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 T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

  • Perform daily Trade Finance transactions authorization (Import/Export/Standby Letter of Credit (SBLC) issuance)
  • Allocate and distribute ready-to-process transactions to respective processors at beginning of day
  • Manage daily work flow to meet and exceed client expectations
  • Provide solutions and/or recommendations on trade finance matters
  • Identify and make right decisions to resolve operational issues and ensure timely escalation
  • Exercise sound judgement on transaction monitoring and escalation of red flags
  • Ensure all transactions and tasks assigned are carried out in accordance with the operating and compliance procedures
  • Monitor day to day transactions are processed and authorized within stipulated Service Level Agreement
  • Establish duty rosters for processors and authorizers and ensure assigned officers duties are duly performed (E.g. Daily Reports, International Maritime Bureau Reporting, Swift message)
  • Work cohesively to build alliances and partnerships with Structured Trade Middle Office, Regional Trade team, Business Units (Relationship Manager, Global Transaction Services) and other stakeholders
  • Provide guidance and training to staff to ensure Department Standard Operating Procedure, Bank's policies and guidelines are strictly adhered to
  • Monitor and perform controls on entries reconciliation, investigation and follow-up on ad-hoc matters
  • Log in escalation of operational risks incidents timely and identify areas to improve quality, productivity and efficiency
  • Involve in ad-hoc projects and ensuring that the assigned tasks are completed within stipulated time frame
  • Participate in assigned User Acceptance Testing and Live Verification for system enhancement and implementation
  • Degree holder with 10 to 15 years working in Trade Finance Operations within a bank and minimum 2 years of experience in authorization for Structured and Commodity Finance 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
  • Ability to work effectively and independently as an individual as well as in a team
  • Strong logical and problem-solving skills, good working attitude and positive mindset
  • Conversant and competent in application of UCP600, ISBP, URC522, ISP98, URR725 and Incoterms
  • Proficient in SWIFT messages such as MT7xx, MT4xx, MT202 and MT103
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We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
Job ID  WD53520
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