VP, Doc Check Team Lead, Trade Operations, IBG Operations (IBGO), Group COO at DBS Bank

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

12 Oct, 26

Salary

0.0

Posted On

15 Jul, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Trade Finance, Team Leadership, Operational Efficiency, Communication Skills, Risk Management, Attention to Detail, Problem Solving, Training, Resource Management, Process Improvement, UCP Rules, ISP 98 Rules, Anti-Money Laundering, Sanction Regulations, MS Office, Decision Making

Industry

Banking

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, technology, 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 our multiple banking delivery channels. Responsibilites Authorising and/or checking of Trade Finance Letter of Credit (LC) Advising / Confirmation transactions Review swift and mail LC for authenticity and LC workability issue. Identify discrepancies, highlight irregularities and red flag items during processing / authorising Involve in discussion with internal stakeholders any system changes or process changes. Implement effective operational processes and procedures. Monitor and perform controls on investigation and follow up on ad-hoc matters. Responsible for identifying and making right decisions to resolve operational issues and ensure timely escalation. Support to achieve dept SCM savings and implementation of new system. Lead and supervise a team of Trade finance LC advising team in terms of resource management, training and daily BAU challenges, if any. Ensure SOPs and existing / new controls are in place and adhere to by operating teams. Strategic planning on team resources for optimal and operational efficiency. Work with and supervise team members to achieve daily tasks assigned. Ability to communicate effectively with team members, external clients and internal stakeholders Elevate individual performance. Regular huddle with team to improve quality, productivity and efficiency Requirements Degree or related Diploma with CDCS Certification would be an advantage. Minimum 8 years of relevant Trade Finance Processing relevant experience, and strong understanding of UCP rules, ISP 98 rules, Anti-Money Laundering Guidelines, and Terrorist Financing and Sanction Regulations. Hard-working, self-motivated and a strong team player. Good interpersonal and communication skills. Meticulous and detailed oriented. Capable to work effectively under pressure and tight deadline. Familiar with MS Office applications, such as Outlook, Excel, Words. Ability to identify opportunities to improve operational efficiency. In depth knowledge in Trade Finance Products / Processes, rules, practices and regulations Strong understanding of risk and controls 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

The VP, Doc Check Team Lead is responsible for authorizing and checking Trade Finance Letter of Credit transactions, ensuring operational processes are effective and efficient. They will lead a team, manage resources, and communicate with stakeholders to resolve operational issues.