Associate/Analyst, Structured Trade Operations, Institutional Banking Group

DBS Bank Limited; Singapore; On-site; SGD 42,000 - 60,000; Full time

Job summary

A leading bank in Singapore is looking for an Associate/Analyst in Structured Trade Operations. The role involves processing Trade Finance products and ensuring compliance with operational standards while delivering excellent client service. Candidates should have a relevant degree and experience in Trade Finance Operations. The bank offers a competitive salary and a dynamic work environment focused on professional development.

Qualifications

• 3 to 5 years working experience in Trade Finance Operations.
• Proficiency in SWIFT messages like MT4xx, MT7xx.
• Good working knowledge of UCP600, ISBP, ISP98, and Incoterms.

Responsibilities

• Processing Trade Finance products (Import/Export/SBLC issuance).
• Ensure compliance with operating procedures and client queries.
• Participate in assigned UAT and project tasks.

Skills

Client service oriented

Sound judgement on transaction monitoring

Strong interpersonal skills

Education

Degree

Tools

SWIFT messages

Job description

Associate/Analyst, Structured Trade Operations, Institutional Banking Group Operations (IBGO), Group Operations - (WD73989)

Business Function

Group Operations enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, 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 multiple banking delivery channels.

Responsibilities

• Processing and handling Trade Finance products (Import/Export/SBLC issuance)

• Ensure all transactions and tasks assigned are carried out in accordance with the operating and compliance procedures

• Ensure smooth processing of day to day transactions within stipulated Service Level Agreement

• Ensure assigned operations duties are duly performed

• Ensure adherence to Department SOP, Bank’s policies and guidelines

• Perform trade sanctions screening, LLI checks, IMB checks, identifying red flags and escalate as per Bank’s procedures

• Timely escalation of operational risks incidents

• Be customer centric and manage queries from clients effectively and provide solutions and or recommendations on trade finance matters

• Liaison with clients on unclear instructions and obtain proper documentation before execution

• Manage daily work flow to meet and exceed client expectations

• Identify areas for process improvement

• Achieve to meet Goals Setting (KPI)

• Participate in ad-hoc projects and assignments

• Participate in assigned UAT and LV for system enhancement and implementation

• Conduct transaction monitoring, follow-up on end to end process handling for structured deals and provide regular status updates to STMO (Structured Trade Middle Office)

• Work closely with STMO, BU, GTS and other stakeholders on the daily transactions

• Filling and archival of bills

• Perform DHL courier manifest and enveloping

Requirements

• Degree holders with at least 3 to 5 years working experience in the Trade Finance Operations within a bank, preferably in the Structured and Commodity finance environment

• Client service oriented

• Ability to exercise sound judgement on transaction monitoring and escalation of red flags

• Proficient in SWIFT messages such as MT7xx, MT4xx, MT202 and MT103

• Conversant and competent in application of URC522 and URR725

• Good working knowledge of UCP600, ISBP, ISP98 and Incoterms would be an added advantage.

• Good working attitude and positive mindset

• Ability to work effectively, independently and a team player

• 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

• Conversant & competent in application of UCP600, ISBP, URC522, ISP98, URR725 and Incoterms.

• 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.