AVP, Trade Finance Operations

SMBC SSC Sdn Bhd; Kuala Lumpur; On-site; MYR 100,000 - 145,000; Full time

Job summary

Sumitomo Mitsui Banking Corporation (SMBC) Malaysia invites experienced professionals to join our Trade Finance Operations team in Kuala Lumpur. You will oversee end-to-end transaction processing, ensure compliance with international trade standards, and support risk mitigation.

The ideal candidate has 5–7 years in Trade Finance Operations, solid knowledge of UCP600/ISBP, and strong leadership and communication skills. Certification as a Documentary Credit Specialist is preferred.

Qualifications

• Must have 5–7 years of Trade Finance Operations experience in banking.
• Basic knowledge of statutory requirements and related rules.
• Responsible for accurate checking of trade documents and sanctions compliance.
• Good knowledge of UCP600, ISBP and international trade practices.
• Leadership and strong communication skills are essential.

Responsibilities

• Manage end-to-end daily transaction processing and department activities.
• Ensure tasks are completed within the required time frame and in compliance with internal controls.
• Provide day-to-day support for transactional activities and customer inquiries.
• Resolve routine issues and assist branches with investigations and problem solving.
• Oversee defect and complaint management and timely reporting to management/regulators.
• Collaborate with other operations teams to resolve exceptions and improve processes.

Skills

Trade Finance Operations

Banking Operations

Leadership

Communication

Education

Certified Documentary Credit Specialist

Tools

UCP600

ISBP

Job description

To promote accountability and transparency, promote a sound compliance culture which reinforces ethical, prudent and professional behaviour.

To maintain key control aspect of the operations to ensure compliance with corporate requirements and risk mitigation thus reducing fraud losses/write-off and adjustments.

Timely reporting of potential/actual breaches to the respective departments and branches.

Address actual or suspected breaches of regulatory requirements or internal policies in a timely and appropriate manner.

Operations & Controls

Effectively manage the transaction processing as well as department activities and ensure that the required tasks are completed within the expected time frame and operations are carried out in accordance with operating procedures.

To manage end to end daily transaction processing and/or authorization of operational actions as well as department activities ensuring accuracy & efficiency and in compliance to internal controls/policies to mitigate any material operational risks that may result in operational failure/fraudulent activity.

Manages day to day support and advice in the department for transactional activities.

Manages the resolution of routine/day to day issues and provide support to branch with regards to customer enquiries, investigations and problem solving.

Manages the defect and/or complaints management process.

Timely reconciliations/issues resolution and submission of management/regulatory reporting as and when required.

Work closely with other respective operations team to resolve any exceptions or queries.

Proactively share new ideas and concepts to improve operations process.

Review of operating procedures and the maintaining of processes.

To work effectively both independently and as part of a team with minimal supervision.

To perform other duties as assigned by the Supervisor/Management from time to time.

To cover the duties of staff members in the department in his/her absence.

To support Bank activities interrupted by an emergency/crisis.

Job Requirements:

Must have at least 5-7 years of Trade Finance Operations experience and relevant experience in Banking Operations.

Basic knowledge of statutory requirements and/or related rules.

Responsible for smooth functioning of checking the trade documents accurately and ensure no omission of discrepancies and sanctions checks of which is in compliance and with the established rules and regulations of the Bank and Regulatory Authority.

Good knowledge of UCP600, ISBP and international trade practices.

Preferable obtained Certified Documentary Credit Specialist.

Meticulous, good initiative and ability to manage own time.

Good communication and interpersonal and leadership skills.

Ability to effectively prioritize workload to meet tight deadlines and work objectives.

Sumitomo Mitsui Banking Corporation (SMBC) operates globally with extensive overseas branches that offers a broad range of financial services. Due to its incorporation of a wholly owned subsidiary in Malaysia, SMBC is now inviting you to be part of its talent pool where you can grow with us. This is indeed a good opportunity for you to chart your career collaboratively with SMBC to greater heights.

Sumitomo Mitsui Banking Corporation (SMBC) operates globally with extensive overseas branches that offers a broad range of financial services. Due to its incorporation of a wholly owned subsidiary in Malaysia, SMBC is now inviting you to be part of its talent pool where you can grow with us. This is indeed a good opportunity for you to chart your career collaboratively with SMBC to greater heights.