Avp, team lead, transaction services-trade operations, institutional banking gro

7 days ago


Singapore DBS Bank Limited Full time

DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015. 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 Lead and supervise a team of Trade LC Advising processor, digital Imaging Team and Trade Counter via 2 locations in terms of resource management, training and daily BAU challenges, if any. To process and / or check Trade Finance Letter of Credit (LC) Advising / Confirmation transactions to ensure compliance to UCP rules, industrial standards, and internal bank policies. Ensure SOPs and existing / new controls are in place and adhere to by operating teams. Assist to review and check the export LC to ensure that terms and conditions are acceptable and workable for LC confirmation. Ensure Trade documentations and it's on-going processes are compliance to UCP rules, ISP98 rules, anti-money laundering guidelines, terrorist financing and sanctions regulations, and other related internal policies. Work with and supervise with team members to achieve daily tasks assigned. Ability to communicate effectively with team members, external clients and internal stakeholders Review and opine on New Product / Processing involving / impacting LC advising Team, Digital Imaging Team and counter service Team. Assist to identify irregularities and red flag items in the export LC for approval. Requirement Minimum 5-8 years of Trade Finance experience with relevant capability in people management and leadin a team. Excellent understanding of UCP rules, ISP98 rules, Anti-Money Laundering Guidelines, and Terrorist Financing and Sanction Regulations. Good interpersonal and communication skills Meticulous and detailed oriented Capable to work effectively under pressure and tight deadline. Ability to identify opportunities to improve operational efficiency Apply Now We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements. #J-18808-Ljbffr



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