AVP, Team Lead, Transaction Services-Trade Operations, Institutional Banking

DBS Bank Limited; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading bank is seeking an AVP, Team Lead for Transaction Services within their Institutional Banking Group Operations. The ideal candidate will have extensive experience in Trade Finance, excellent leadership skills, and a proven track record in process compliance. This role involves managing a team across multiple locations, ensuring seamless operations, and upholding the highest standards of regulatory compliance.

Benefits

Competitive salary

Benefits package

Dynamic work environment

Qualifications

• Minimum 5-8 years of Trade Finance experience with team management.
• Excellent understanding of UCP and ISP98 rules, AML guidelines.
• Capable of working under pressure.

Responsibilities

• Lead and supervise a team in Trade Finance operations.
• Ensure compliance with UCP rules and internal policies.
• Identify opportunities to improve operational efficiency.

Skills

People Management

Trade Finance Expertise

Communication Skills

Analytical Skills

Job description

AVP, Team Lead, Transaction Services-Trade Operations, Institutional Banking Group Operations (IBGO), Group Operations-(WD74559)

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

Responsibilities

• Lead and supervise a team of Trade LC Advising processor, digital Imaging Team and Trade Counter via 2 locations in terms of resource management, training and daily BAU challenges, if any.

• To process and / or check Trade Finance Letter of Credit (LC) Advising / Confirmation transactions to ensure compliance to UCP rules, industrial standards, and internal bank policies.

• Ensure SOPs and existing / new controls are in place and adhere to by operating teams.

• Assist to review and check the export LC to ensure that terms and conditions are acceptable and workable for LC confirmation.

• Ensure Trade documentations and it's on-going processes are compliance to UCP rules, ISP98 rules, anti-money laundering guidelines, terrorist financing and sanctions regulations, and other related internal policies.

• Work with and supervise with team members to achieve daily tasks assigned.

• Ability to communicate effectively with team members, external clients and internal stakeholders

• Review and opine on New Product / Processing involving / impacting LC advising Team, Digital Imaging Team and counter service Team.

• Assist to identify irregularities and red flag items in the export LC for approval.

• Perform check in with team members

Requirement

• Minimum 5-8 years of Trade Finance experience with relevant capability in people management and leading a team.

• Excellent understanding of UCP rules, ISP98 rules, Anti-Money Laundering Guidelines, and Terrorist Financing and Sanction Regulations.

• Good interpersonal and communication skills

• Meticulous and detailed oriented

• Capable to work effectively under pressure and tight deadline.

• Ability to identify opportunities to improve operational efficiency

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.