Job Description Morgan McKinley is working in partnership with a regional Corporate Bank with strong footprints and relationship in the Asia region.
The Singapore team is hiring a VP to lead the Structured Trade Finance and Loan Operations team. Reporting to the Head of Operations, you will be responsible for providing full support and accountability to the Operations Department in all aspects on Structured Trade Operations.
Role and responsibilities
Lead a team in managing and processing day to day Structured Trade and Loans transactions, covering several trade and loan products, ensuring efficient and effective handling of customer's transactions
Perform vetting / matching of Back-to-back and Front-to-Back LC terms and conditions
Review and authorize daily transactions within agreed turnaround time
Ensure that regulatory, bank's policies, guidelines, controls and compliance requirements are adhered to. Identify documentary discrepancies, transaction exceptions and/or non-compliance with regulations and escalate them to the relevant parties for resolution
Timely review and update of the relevant policy and procedures
Participate in Banks' productivity and service related projects
Take on projects and/or other duties as assigned by the Supervisor/ Department Head
Degree holder with minimum 10 years of directly relevant working experience with in-depth knowledge in Structured Trade and Commodity Finance operations
Strong working knowledge of UCP600, ISP98, ISBP, URR725, URC522 and Incoterms
CDCS certified preferred
Good understanding of trade related compliance requirements including sanctions screening
Experience in end-to-end trade knowledge
Able to identify areas of process enhancement and propose solutions
Able to provide strong support and work with all levels
Strong analytical and problem-solving skills
Excellent customer service skills.
Meticulous and good problem solving skills
A fast learner who is able to work independently and as a team
Able to work under pressure and meet strict deadlines
Self-motivated, self-disciplined, organized, responsible, meticulous and able to multi-task
Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as notification that you have not been shortlisted.