AVP/Senior Associate, Authorizer - Structure Trade Operations, Institutional Banking Group Operations (IBGO), Group COO

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

- Manage daily Trade Finance transactions authorization (Import/Export/SBLC issuance) - Allocate and Distribution Ready-to-process transactions to respective processors at beginning of day - Establish duty rosters for processors and authorizers - Be customer centric and manage daily work flow to meet and exceed client expectations - Provide solutions and or recommendations on trade finance matters - Responsible for identifying and making right decisions to resolve operational issues and ensure timely escalation - Ensure all transactions and tasks assigned are carried out in accordance with the operating and compliance procedures - Ensure day to day transactions are processed and authorized within stipulated Service Level Agreement - Ensure assigned Officers duties are duly performed E.g. Daily Reports, IMB Reporting, Swift messages and others - Work closely with STMO, BU, GTS and other stakeholders on the daily transactions - Provide guidance and training to staff to ensure Department SOP, Bank’s policies and guidelines are strictly adhered to - Monitor and perform controls on entries reconciliation, investigation and follow-up on ad-hoc matters - Timely escalation of operational risks incidents - Identify areas to improve quality, productivity and efficiency - Achieve to meet Goals Setting (KPI) - Participate 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

Requirements

- Minimum 5 years working in Trade Finance Operations within a bank, with at least 2 years of experience in authorization, preferably in the Structured and Commodity Finance environment covering all Trade Finance products (Import/Export/SBLC issuance) - 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 - Extensive knowledge in Trade Finance products and regulatory sanction requirements - Coach and guide team to ensure SOP, Bank’s policies and guidelines are adhere to - Review policies and procedures and identify areas for improvement - Exercise sound judgement on transaction monitoring and escalation of red flags - 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, MT202 and MT103 - 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.

Location:

DBS Asia Central

Job:

Operations

Schedule:

Regular

Employee Status:

Full time