Deputy Head of Department
1 month ago
Job Summary
The Deputy Head of Department is a key role within our Trade & Loan Services Department at The Bank of East Asia, Limited. This position requires a seasoned professional with a strong background in middle / back-office operations, particularly in Commodity Trade Financing banks.
Responsibilities
- Assist the HOD in overseeing and supervising the Trade & Loan Services Department to achieve the objectives set by the Branch.
- Responsibility spans all aspects of operations, including Trade Finance, Remittances, Loan, and Correspondent Banking.
- Collaborate with the HOD in setting strategic directions for the department, focusing on compliance, risk, and operations.
- Assist in implementing policies and periodic review of departmental policies and guidelines.
- Enhance and increase productivity through automation and streamlining of workflows & processes.
- Study and recommend new trade & loan related products and services, working with business units on delivery.
- Ensure full compliance with regulations, guidelines, rules, codes, and standards under the department.
- Implement the Enterprise Risk Management Framework of the Bank.
- Review and implement best practices for expense reduction and contribute to the overall cost reduction of the Branch.
- Assist in reviewing the department's organisational structure and staff duties periodically.
- Identify and groom talented staff for managerial positions and succession planning.
- Motivate and develop high-performing teams within the department.
- Review staff performance and arrange for internal cross-training to improve work performances, morale, and motivations.
- Stay updated on new developments in trade finance / loan, including technology, fintech issues, and assess their impact on Operations.
- Maintain close contact with agent banks offering clearing services and Forfaiting agent banks.
- Assist in overseeing and supervising Business Continuity Planning and the Business Recovery Officer and Deputy Business Recovery Officer for the Department.
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Singapore The Bank Of East Asia, Limited Full timeResponsibilities Assist HOD in overseeing and supervising Trade & Loan Services Department in accordance to the branch's guidelines to achieve the objectives set by the Branch. Area of responsibilities includes all aspects of operations of the department in Trade Finance, Remittances, Loan, as well as Correspondent Banking. Work with the HOD in setting...
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