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DBS Bank Ltd

Associate, Trade Finance Operations Specialist, IBG Operations (IBGO), Group COO

Posted Yesterday
Be an Early Applicant
In-Office
Central Singapore, SGP
Junior
In-Office
Central Singapore, SGP
Junior
Process and check trade finance Letters of Credit (LC), review SWIFT and mail, identify discrepancies and red flags, support trade counter/customer interactions, scan and digitalise documents, assist data extraction and amendments, and work with the team to meet quality and turnaround targets under UCP rules and bank policies.
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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.

As an Operations Department, we embrace and reinforce the strong PRIDE! culture that is built up in DBS. This is done through strategic focus on training and improving staff capability, empowerment, productivity, teamwork, innovation & technology, managing operational risks & strongly collaborating with our business partners in delivering excellent RED service to our customers.

Key Accountability

To process and/or check Trade Finance (LC) transactions and relevant supporting documentations to ensure compliance to UCP rules, internal bank policies and expectations in terms of quality and turnaround time:

Responsibilities

  • Processing and/or checking of Trade Finance Letter of Credit (LC) Advising/Confirmation transactions.
  • Review swift and mail LC for authenticity and LC workability issue.
  • Ability to identify discrepancies, highlight irregularities and red flag items during processing.
  • Co-operate with team members to achieve daily tasks assigned.
  • Timely and accurate execution of work assigned.
  • To support the trade counter in a customer facing role and dealing with external clients and internal stakeholders over the telephone.
  • Perform scanning to digitalise physical documents received.
  • Assist Trade Team in amending extracted data vs Trade Supporting Documents
  • Ability to organize and change priorities frequently within a given day, multitask, work independently and with others while demonstrating a positive attitude.

Requirements

  • Innovative and willing to accept challenges in a dynamic environment
  • CDCS Qualified and Trade knowledge would be an advantage
  • 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

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 Bank Ltd Singapore Office

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