Assistant VP, Structured Trade Operations Control, Group Technology
5 days ago
Assistant VP, Structured Trade Operations Control, Group Technology & Ops
Location: Singapore (City Area), Singapore, SG, 048624
Company: United Overseas Bank Ltd
About UOB
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.
About the Department
Group Technology and Operations (GTO) provides software and system development, information technology support services and banking operations. We have centralized and standardized the technology components into Singapore, creating a global footprint which can be utilized for supporting our regional subsidiaries and the branches around the world. We operate and support 19 countries with this architecture to provide a secure and flexible banking infrastructure.
Group Wholesale Banking and Market Operations provide transactional customer services for our businesses while also focusing on cost efficiency through process improvements, automation and straight through processing.
Job Responsibilities
As team member, your role reports to a Team Lead
Review terms of LC, contracts, documents to ensure deal can be self-liquidated.
Perform price check, vessel check, mark-to-market of collaterals & FX currencies and work within bank limits, counterparty limits & debtor limits.
Monitor vessel routes, vessel arrival and to serve notice to disport agent where necessary.
Follow-up with customers to secure and ensure timeliness of receipt of sales proceeds
Review BTB matching lists and discrepancies.
Adhere to bank’s policies, guidelines, regulatory & AML/CFT procedures
Timely and accurate delivery in accordance to Service Level Agreement
Assist Team Leads in any administrative tasks
Job Requirements
Sound knowledge of UCP, ISBP, URC URR, ISP, URDG, MAS/ABS Guidelines and experience in all areas of international trade
Trade product knowledge
Proficient in excel & macro, tech savvy
Strong analytical and problem-solving skills
Meticulous and strong follow-up skills
Able to work independently and strong teamwork
Inquisitive & positive learning attitude
Minimum: 5 to 8 years of Trade Operations/ Middle Office background. Familiar with banking regulations and AML/CFT policies.
This is a 1 year direct contract.
Be a part of UOB Family
UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.
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