AVP/Senior Associate, Authorizer

Job Description

Business FunctionGroup 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.ResponsibilitiesManage daily Trade Finance transactions authorization (Import/Export/SBLC issuance)Allocate and Distribution Ready-to-process transactions to respective processors at beginning of dayEstablish duty rosters for processors and authorizersBe customer centric and manage daily work flow to meet and exceed client expectationsProvide solutions and or recommendations on trade finance mattersResponsible for identifying and making right decisions to resolve operational issues and ensure timely escalationEnsure all transactions and tasks assigned are carried out in accordance with the operating and compliance proceduresEnsure day to day transactions are processed and authorized within stipulated Service Level AgreementEnsure assigned Officers duties are duly performed E.g. Daily Reports, IMB Reporting, Swift messages and othersWork closely with STMO, BU, GTS and other stakeholders on the daily transactionsProvide guidance and training to staff to ensure Department SOP, Bank’s policies and guidelines are strictly adhered toMonitor and perform controls on entries reconciliation, investigation and follow-up on ad-hoc mattersTimely escalation of operational risks incidentsIdentify areas to improve quality, productivity and efficiencyAchieve to meet Goals Setting (KPI)Participate in ad-hoc projects and ensuring that the assigned tasks are completed within stipulated time frameParticipate in assigned UAT and LV for system enhancement and implementationRequirementsMinimum 5 years working in Trade Finance Operations within a bank, with at least 2 years of experience in authorization, preferably in the Structured and Commodity Finance environment covering all Trade Finance products (Import/Export/SBLC issuance)Strong interpersonal and communication skills with the ability to adapt to the changing needs of the organization and demands of both internal and external stakeholdersExtensive knowledge in Trade Finance products and regulatory sanction requirementsCoach and guide team to ensure SOP, Bank’s policies and guidelines are adhere toReview policies and procedures and identify areas for improvementExercise sound judgement on transaction monitoring and escalation of red flagsStrong logical and problem-solving skillsConversant & competent in application of UCP600, ISBP, URC522, ISP98, URR725 and IncotermsProficient in SWIFT messages such as MT7xx, MT4xx, MT202 and MT103Work cohesively to build alliances and partnerships with Structured Trade Middle Office (STMO), Regional Trade team, Business Units (RM and GTS) and other stakeholdersApply NowWe 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 CentralJob:OperationsSchedule:RegularEmployee Status:Full time J-18808-Ljbffr Show More