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

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