Senior Associate, Corporate Trade Finance (Premier Service Unit)

DBS Bank Limited; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Singapore is seeking an experienced Trade Finance professional to join their Premier Service Unit. The role focuses on serving VIP trade clients through various operational activities, including processing applications and maintaining quality standards. Applicants should possess at least 5 years of relevant experience and demonstrate strong communication and relationship management skills. The position offers a competitive salary and a dynamic work environment.

Benefits

Competitive salary

Benefits package

Development opportunities

Qualifications

• Minimum 5 years of Trade Finance or banking experience.
• Excellent understanding of UCP rules and Anti-Money Laundering Guidelines.
• Strong relationship management skills.

Responsibilities

• Process Trade Finance applications and client servicing.
• Maintain risk and controls as per established standards.
• Identify and implement process improvements.

Skills

Trade Finance experience

Customer service

Communication skills

Microsoft Office suite

Project management

Process improvement

Relationship building

Tools

IMEX/ICE Trade/Contour

Digital Trade platforms

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

Responsibilities

As part of the Premier Service Unit servicing the bank’s key VIP trade clients, to effectively perform day-to-day business operational activities which includes meeting both internal and external stakeholders’ expectations in terms of quality and turnaround time:

• Processing and Authorising of Trade Finance applications including issuance and advising of Letter of Credit, Bank-to-Bank Reimbursements, Export Negotiations, etc.
• Client servicing by means of our Trade Hotline
• Adherence to the processes, procedures and guidelines established under the Standard Operating Procedure (SOP) and Process Risk Maps (PRM)
• Maintain risk & controls measures as per the established standards and minimize operational losses
• Identify and implement improvements to processes and/or procedures to increase productivity and control risks
• Support the team with ad-hoc projects such as system enhancements and bug fixes

Requirements

• Minimum 5 years of Trade Finance experience and/or prior banking experience with system knowledge of IMEX/ICE Trade/Contour and other Digital Trade platforms
• Excellent understanding of UCP rules, ISBP, URC rules, Anti-Money Laundering Guidelines, and Terrorist Financing and Sanction Regulations.
• An articulate and outgoing personality
• Applicants with prior project management, process improvement and trade finance experience are highly advantageous
• Capable of effectively working under pressure and meeting tight deadlines
• Innovative and willing to accept challenges in a dynamic environment
• Excellent written and communication skills
• Good communication skillswith excellent customer service sense
• Strong relationship building and management skills
• Strong customer and business focus with a keen awareness of risk and fraud control
• Excellent Microsoft office suite skills

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.