VP/AVP, Team Lead - Structured Trade Operations, Institutional Banking Group...

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

Job summary

A leading financial institution in Singapore seeks an experienced professional to manage Trade Finance transactions and operations. The role requires a minimum of 10 years in Trade Finance Operations and significant team management experience. Responsibilities include overseeing daily operations and ensuring compliance with departmental SOPs. Strong interpersonal skills and problem-solving abilities are essential for success in this dynamic environment.

Benefits

Competitive salary

Benefits package

Dynamic work environment

Qualifications

• Minimum 10 years of experience in Trade Finance Operations within a bank, with at least 3 years managing a team.
• Extensive knowledge in Trade Finance products and regulatory sanctions.
• Ability to exercise sound judgement on transaction monitoring.

Responsibilities

• Manage daily Trade Finance transactions authorization.
• Oversee day-to-day operations for process improvement.
• Provide guidance and training to staff on SOP compliance.

Skills

Trade Finance operations management

Team leadership

Interpersonal skills

Problem-solving

Strategic planning

Education

Degree from a recognized University

Tools

MS Office (Excel, Word, PowerPoint)

SWIFT messages (MT7xx, MT4xx)

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, 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

• Manage daily Trade Finance transactions authorization and or provide second level check (Import/Export/SBLC issuance)
• Oversee day-to-day operations, analyze Department processes to improve quality, productivity and efficiency
• Execute strategic planning on team resources for optimal and operational efficiency
• Establish duty rosters for processors and authorizers, allocate and distribution Ready-to-process transactions to respective processors at beginning of day
• Monitor and perform controls on entries reconciliation, investigation and follow-up on ad-hoc matters
• Responsible for identifying and making right decisions to resolve operational issues and ensure timely escalation to Section Head of STO and HOD.
• Assist Section Head of STO in ad-hoc projects and ensuring that the assigned tasks are completed within stipulated time frame
• Participate in assigned UAT and LV for system enhancement and implementation
• Implement effective operational processes and procedures
• Provide guidance and training to staff to ensure Department SOP, Bank’s policies and guidelines are strictly adhered to
• Lead and motivate team to achieve the Goals (KPI) that have been set

Requirements\:

• Degree holder from a recognized University
• Minimum 10 years working in Trade Finance Operations within a bank, with at least 3 years of experience in managing a teamin the Structured and Commodity Finance environment covering all Trade Finance products (Import/Export/SBLC issuance)
• Goodworking attitude and positive mindset
• 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
• Ability to make strategic planning for team resources and manage e-Performance
• Have extensive knowledge in Trade Finance products and regulatory sanction requirements
• Ability to work effectively and independently as an individual as well as in a team
• Ability to coach and guide team to ensure Department SOP, Bank’s policies and guidelines are adhere to
• Ability to develop, implement and review policies and procedures
• Ability to exercise sound judgement on transaction monitoring and escalation of red flags
• Ability to leverage on MS Office applications (Excel, Words, Power Point)
• Strong logical and problem-solving skills.
• Conversant & competent in application of UCP600, ISBP, URC522, ISP98, URR725 and Incoterms.
• Proficient in SWIFT messages such as MT7xx, MT4xx, PAC8 and PAC9
• 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.