VP, Structured Trade Operations Control, Group Operations

United Overseas Bank Ltd.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

A leading bank in Asia is seeking a VP for Structured Trade Operations Control in Singapore. The role involves leading a team, ensuring compliance with regulations, and managing trade finance products. Ideal candidates will possess substantial experience in trade operations and a strong knowledge of banking policies.

Qualifications

• 10-12 years of experience in trade operations and middle office functions.
• Strong knowledge of banking regulations and AML/CFT policies.
• Proficient in Excel, including macros.

Responsibilities

• Lead and guide a team in reviewing LC/SBLC issuances.
• Ensure compliance with Bank's policies and regulatory requirements.
• Support the Division Head with internal and external audits.

Skills

Leadership

Analytical

Project Management

Collaboration

Tools

Excel

Job description

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VP, Structured Trade Operations Control, Group Operations

Location:

Singapore, SG

Company: United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

About the Department

Job Responsibilities

• Lead and guide a team of 4-5 members in reviewing LC/SBLC issuances and other Structured Trade Finance products.
• Ensure financing requests align with approved structures and propose risk mitigation solutions at transaction level.
• Review and approve transactions in accordance with the delegated authority.
• Depending on business needs, act as key account holder to review LC/SBLC terms, contracts, and related documents to ensure deals are self-liquidating.
• Conduct reasonable price checks, vessel verifications, and mark-to-market assessments.
• Ensure adequate collateral and margin coverage, and coordinate with clients for top-ups when necessary.
• Ensure compliance with the Bank’s policies, regulatory requirements, AML/CFT procedures, and industry best practices, and monitor team adherence.
• Deliver timely and accurate services in line with established Service Level Agreements.
• Support the Division Head in reviewing documentation and recommending enhancements to improve workflows and procedures.
• Assist the Division Head with internal and external audits, compliance and assurance reviews, and monthly reporting.
• Conduct annual system access reviews, budgeting, and resource planning.

Job Requirements

• 10 – 12 years of experience in trade operations and middle office functions, with strong knowledge of banking regulations and AML/CFT policies
• Proven leadership experience.
• Solid knowledge of UCP, ISBP, URC URR, ISP, URDG, MAS/ABS Guidelines, with broad exposure to international trade practices.
• Strong knowledge of trade finance products
• Proficient in Excel (including macro); tech-savvy and adaptable to new systems
• Analytical, detailed oriented, and reliable in follow-through
• Collaborative and proactive in cross-functional coordination.
• Project management experience is a plus

Be a part of UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.