Senior Manager, Trade Operations
6 days ago
Job Overview
DBS Bank Ltd. is seeking a seasoned professional to lead its Trade Operations team in the Institutional Banking Group.
The successful candidate will be responsible for managing a team of Trade LC Advising processors, digital Imaging Team members, and Trade Counter staff, ensuring the smooth execution of Trade Finance Letter of Credit transactions.
Key Responsibilities:
- Lead and supervise a team of Trade LC Advising processors, digital Imaging Team members, and Trade Counter staff
- Process and check Trade Finance Letter of Credit transactions to ensure compliance with UCP rules, industrial standards, and internal policies
- Develop and maintain Standard Operating Procedures (SOPs) and controls to ensure adherence by operating teams
- Review and verify export LCs to ensure terms and conditions are acceptable
- Evaluate Trade documentation and processes to ensure compliance with UCP rules, ISP98 rules, anti-money laundering guidelines, and other internal policies
- Communicate effectively with team members, external clients, and internal stakeholders
- Provide input on new products or processing involving the LC advising team, digital imaging team, and counter service team
Requirements:
- 5-8 years of experience in Trade Finance with leadership and management skills
- Excellent understanding of UCP rules, ISP98 rules, Anti-Money Laundering Guidelines, and Terrorist Financing and Sanction Regulations
- Good interpersonal and communication skills
- Meticulous and detail-oriented approach
- Ability to work effectively under pressure and tight deadlines
- Able to identify opportunities for operational efficiency improvements
Compensation:
The estimated salary for this role is approximately SGD 120,000 - SGD 180,000 per annum, depending on experience.
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