Trade Finance Operations Associate

4 weeks ago


Singapore DBS Bank Limited Full time

DBS Bank Limited is seeking a skilled Trade Finance Operations Associate to join our team. As a key member of our Group Technology and Operations department, you will play a crucial role in enabling and empowering the bank with an efficient, nimble, and resilient infrastructure. Your primary responsibilities will include processing and handling Trade Finance products, ensuring all transactions and tasks are carried out in accordance with operating and compliance procedures, and ensuring smooth processing of day-to-day transactions within stipulated Service Level Agreements. You will also be responsible for performing trade sanctions screening, LLI checks, IMB checks, identifying red flags, and escalating as per Bank's procedures. Additionally, you will be customer-centric, managing queries from clients effectively, and providing solutions and recommendations on trade finance matters. You will work closely with Structured Trade Middle Office, Business Units, GTS, and other stakeholders on daily transactions. To be successful in this role, you will require a degree holder with at least 2 to 3 years of working experience in Trade Finance Operations within a bank, preferably in the Structured and Commodity finance environment. You will need to be client service-oriented, able to exercise sound judgment on transaction monitoring and escalation of red flags, and proficient in SWIFT messages such as MT7xx, MT4xx, MT202, and MT103. You will also need to be conversant and competent in the application of URC522 and URR725, and have a good working knowledge of UCP600, ISBP, ISP98, and Incoterms. If you are a team player with strong interpersonal and communication skills, and able to work effectively, independently, and adapt to the changing needs of the organization and demands of both internal and external stakeholders, we encourage you to apply for this exciting opportunity. We offer a competitive salary and benefits package, and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.



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