AVP, Structured Trade Middle Office, Commodity Structured Trade Operations, Institutional Banki[...]

Borr Drilling; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A global drilling contractor in Singapore seeks an Operations Specialist with 5-12 years of experience in Commodity Trade Finance. The role involves monitoring collateral integrity, assessing operational risks, and mentoring staff. Candidates should have strong analytical and organizational skills, preferably with a relevant Bachelor's degree and proficiency in Excel. Competitive salary and benefits offered.

Benefits

Competitive salary

Dynamic work environment

Benefits package

Qualifications

• 5-12 years of experience in Commodity Trade Finance or related fields.
• Knowledge in Warehouse Financing and Revolving Credit Finance preferred.
• Sound knowledge of trade rules such as UCP600 and Incoterms 2021.

Responsibilities

• Administer and monitor transactional collaterals for transactions.
• Ensure operational integrity of credit facility structures.
• Review and summarize workability of facility structures.

Skills

Analytical skills

Attention to detail

Organizational skills

Interpersonal skills

Education

Bachelor’s degree in Banking and Finance

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

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 aim to delight our business partners through our multiple banking delivery channels.

As an Operations Department, we embrace and reinforce the strong PRIDE! culture that is built up in DBS.

This is achieved through strategic focus on training and improving staff capability, empowerment, productivity, teamwork, innovation & technology, managing operational risks, and collaborating closely with our business partners to deliver excellent RED service to our customers.

Responsibilities

1. Administer and monitor transactional collaterals for Commodity Finance/Structured Finance transactions.
2. Ensure transactional and operational integrity of credit facility structures, focusing on settlement risk, operational risk, and performance risk.
3. Review Summary and Control Sheets regarding the workability of the facility structures' terms and conditions.
4. Perform Mark to Market valuations, monitor cash collateral requirements, and follow up on top-ups for under-collateralised transactions.
5. Monitor Loan to Value ratios to ensure financing remains within stipulated thresholds and conduct margin calls as needed.
6. Update key transactional details into ST Connect for exposure and facility limit monitoring.
7. Monitor hedged positions and coordinate with Treasury, Markets, and Relationship Managers on top-ups.
8. Alert Relationship Managers and Credit Risk Managers of potential risks threatening the underlying asset or repayment sources.
9. Assist in soliciting new deals within approved limits through daily client contact and follow-up on relationships and marketing calls with Relationship Managers.
10. Collaborate with Regional Trade Operations Team and Product Managers on new trade product reviews, guideline revisions, and implementations.
11. Participate in local or overseas site visits with Credit Risk Managers and Relationship Managers.
12. Mentor new entrants and deputize the Team Leader when required.
13. Participate in process improvements, system enhancements, live verifications, and other initiatives as assigned.

Requirements

1. Preferably a bachelor’s degree in Banking and Finance or a relevant field.
2. 5-12 years of experience in Commodity Trade Finance Middle Office, Front Office, or Commodity Trading Houses.
3. Attention to detail with good analytical skills and understanding of transactional risks.
4. Strong organizational and interpersonal skills.
5. Knowledge in Warehouse Financing, Storage Tank Financing, Borrowing Based Financing, and Revolving Credit Finance is preferred.
6. Sound knowledge of trade rules such as UCP600, ISBP745, URC525, and Incoterms 2021.
7. Proficiency in Microsoft Excel, Word, PowerPoint.

We offer a competitive salary and benefits package, along with a dynamic environment that supports your development and recognizes your achievements.