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.

Responsibilities

• 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

Requirements

• 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.