VP/AVP, Team Lead - Structured Trade Operations, Institutional Banking Grou at DBS Bank

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

19 Jul, 26

Salary

0.0

Posted On

20 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Trade Finance, Structured Trade, Commodity Finance, Team Leadership, Strategic Planning, UCP600, ISBP, URC522, ISP98, URR725, Incoterms, SWIFT Messaging, Operational Risk Management, Process Improvement, Stakeholder Management, Regulatory Compliance

Industry

Description

Business Function Group Operations enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, people capability and innovation. In Group Operations, we manage the majority of the Bank’s operational processes and inspire to delight our business partners through multiple banking delivery channels. Responsibilities Manage daily Trade Finance transactions authorization and or provide second level check (Import/Export/SBLC issuance) Oversee day-to-day operations, analyze Department processes to improve quality, productivity and efficiency Execute strategic planning on team resources for optimal and operational efficiency Establish duty rosters for processors and authorizers, allocate and distribution Ready-to-process transactions to respective processors at beginning of day Monitor and perform controls on entries reconciliation, investigation and follow-up on ad-hoc matters Responsible for identifying and making right decisions to resolve operational issues and ensure timely escalation to Section Head of STO and HOD. Assist Section Head of STO in ad-hoc projects and ensuring that the assigned tasks are completed within stipulated time frame Participate in assigned UAT and LV for system enhancement and implementation Implement effective operational processes and procedures Provide guidance and training to staff to ensure Department SOP, Bank’s policies and guidelines are strictly adhered to Lead and motivate team to achieve the Goals (KPI) that have been set Requirements: Degree holder from a recognized University Minimum 10 years working in Trade Finance Operations within a bank, with at least 3 years of experience in managing a team in the Structured and Commodity Finance environment covering all Trade Finance products (Import/Export/SBLC issuance) Good working attitude and positive mindset Strong interpersonal and communication skills with the ability to adapt to the changing needs of the organization and demands of both internal and external stakeholders Ability to make strategic planning for team resources and manage e-Performance Have extensive knowledge in Trade Finance products and regulatory sanction requirements Ability to work effectively and independently as an individual as well as in a team Ability to coach and guide team to ensure Department SOP, Bank’s policies and guidelines are adhere to Ability to develop, implement and review policies and procedures Ability to exercise sound judgement on transaction monitoring and escalation of red flags Ability to leverage on MS Office applications (Excel, Words, Power Point) Strong logical and problem-solving skills. Conversant & competent in application of UCP600, ISBP, URC522, ISP98, URR725 and Incoterms. Proficient in SWIFT messages such as MT7xx, MT4xx, PAC8 and PAC9 Work cohesively to build alliances and partnerships with Structured Trade Middle Office (STMO), Regional Trade team, Business Units (RM and GTS) and other stakeholders Apply Now We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements. Location: DBS Asia Central Job: Operations Schedule: Regular Employee Status: Full time DBS is more than a bank — we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

Responsibilities

Manage daily trade finance transaction authorizations and oversee operational processes to ensure quality, productivity, and efficiency. Lead and motivate the team while implementing strategic planning and ensuring adherence to bank policies and regulatory requirements.