First Vp, Structured Trade Operations Control

Singapore, Singapore

Job Description


About UOBUnited 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 DepartmentGroup 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

  • Lead and provide guidance to a team of 4-5 members to review LC/SBLC issuance & other Structured Trade Finance products.
  • Ensure financing requests are within approved structures & propose solutions to mitigate risk at transaction level
  • Review and approve transactions as per delegation of authority
  • Depending on Business needs, you might be required to hold key account to review terms of LC/SBLC, contract & other documents to ensure deal can be self-liquidated
  • Perform reasonable price checks, vessel checks & mark-to-market.
  • Ensure sufficient collaterals and margins are in place and liaise with customer for top-up
  • Adhere to Bank\'s Policies, guidelines, regulatory, AML/CFT procedures, Industry Best Practices and ensure team compliance.
  • Ensure timely and accurate service delivery in accordance with Service Level Agreement.
  • Assist the Division head on review of any documentation &/or recommend enhancements to existing procedures for the improvement of workflows
  • Assist the Division Head on Internal/External Audits, Compliance/Assurance Review & monthly reports/reviews
  • Annual Systems Access review, Budgeting as well as Resources planning
Job Requirements
  • At least 10 - 12 years of trade operations and middle office experience. Familiar with banking regulations and AML/CFT policies.
  • Experience as Team lead or in a leadership role.
  • 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 proactively with business and operations to ensure smooth processing of deal
  • A person with Project management skills will be an advantage
Be a part of UOB FamilyUOB 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.Apply now and make a difference.Apply nowStartPlease wait...

UOB

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Job Detail

  • Job Id
    JD1458615
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned