Associate/analyst, Structured Trade Ops - Singapore - DBS Bank

DBS Bank

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

Business Function

Group Technology and Operations (T&O) 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 T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Responsibilities

Processing and handling Trade Finance products (Import/Export/SBLC issuance).
Ensure all transactions and tasks assigned are carried out in accordance with the operating and compliance procedures.
Ensure smooth processing of day to day transactions within stipulated Service Level Agreement.
Ensure assigned operations duties are duly performed.
Ensure adherence to Department SOP, Bank's policies and guidelines.
Perform trade sanctions screening, LLI checks, IMB checks, identifying red flags and escalate as per Bank's procedures.
Timely escalation of operational risks incidents.
Be customercentric and manage queries from clients effectively and provide solutions and or recommendations on trade finance matters.
Liaison with clients on unclear instructions and obtain proper documentation before execution.
Manage daily work flow to meet and exceed client expectations.
Identify areas for process improvement.
Achieve to meet Goals Setting (KPI).
Participate in adhoc projects and assignments.
Participate in assigned UAT and LV for system enhancement and implementation.
Conduct transaction monitoring, followup on end to end process handling for structured deals and provide regular status updates to STMO (Structured Trade Middle Office).
Work closely with STMO, BU, GTS and other stakeholders on the daily transactions.
Filling and archival of bills.
Perform DHL courier manifest and enveloping.

Requirements:

Degree holder with at least 3 to 5 years working experience in the Trade Finance Operations within a bank, preferably in the Structured and Commodity finance environment.
Client service oriented.
Ability to exercise sound judgement on transaction monitoring and escalation of red flags.
Proficient in SWIFT messages such as MT7xx, MT4xx, MT202 and MT10
Good working knowledge of UCP600, ISBP, ISP98 and Incoterms would be an added advantage.
Good working attitude and positive mindset.
Ability to work effectively, independently and a team player.
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.
Work cohesively to build alliances and partnerships with Structured Trade Middle Office (STMO), Regional Trade team, Business Units (RM and GTS) and other stakeholders.

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

Primary Location:
Singapore-DBS Asia Gateway

Job:
Operations

Schedule:
Regular

Employee Status:

Full-time

Job Posting:
May 9, 2023, 10:14:51 PM