AVP/Senior Associate, Authorizer - Structure Trade Operations, Institutional Banking Group Operations (IBGO), Group COO
- Swift
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Business Function
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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.
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Responsibilities
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- 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
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Requirements
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- 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)Â
- 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
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Apply Now
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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.
Location:
DBS Asia CentralJob:
OperationsSchedule:
RegularEmployee Status:
Full timeAVP/Senior Associate, Authorizer - Structure Trade Operations, Institutional Banking Group Operations (IBGO), Group COO · Dbs