Assistant Vice President - Trade Finance Group (Structured Trade Operations)

Sumitomo Mitsui Banking Corporation; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A multinational banking corporation in Singapore is seeking an experienced professional in trade operations. The role involves processing transactions, ensuring compliance with regulatory requirements, and collaborating effectively within a team. Ideal candidates should be graduates in Banking & Finance with 5-7 years of relevant experience. Strong analytical, interpersonal, and risk management skills are essential.

Qualifications

• At least 5-7 years of trade operations experience covering all imports and exports products.
• Self-starter who can work effectively in a team setting.
• Resilient and flexible in challenging circumstances.

Responsibilities

• Process daily trade transactions in a timely and accurate manner.
• Ensure adherence to regulatory and compliance requirements.
• Liaise with clients on transaction statuses and queries.

Skills

Trade operations experience

Knowledge of UCP, ISBP, URC, ISP, URDG

Analytical and problem-solving skills

Interpersonal skills

Teamwork

Risk awareness

Education

Graduate in Banking & Finance

Job description

Responsibilities

• Process daily trade transactions in a timely and accurate manner within service level agreement


• Perform pre-processing review of customers submissions and conduct documentary checks


• Ensure that regulatory, bank's policies, guidelines, control and compliance requirements are strictly adhered to


• Complete daily reconciliation activities and prepare reports to internal stakeholders and/or customers


• Liaise with client on updating transaction statuses and support addressing transaction related queries


• Contribute to various process improvements and other projects as allocated

Requirements

• Graduate, preferably in Banking & Finance


• Sound knowledge of UCP, ISBP, URC, ISP, URDG


• At least 5-7 years of trade operations experience covering all imports and exports products


• Ability manage daily operations with strong risk awareness, analytical and problem-solving skills


• Self-starter who can work effectively in a team setting


• Good interpersonal skills, decisive in communications


• Resilient and flexible in challenging circumstances