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Urgent! Transaction Services Specialist - Commodity and Structured Trade Operations, Institutional Bank[...] Job Opening In Singapore, Singapore – Now Hiring DBS Bank
Job Description - Transaction Services Specialist - Commodity and Structured Trade Operations, Institutional Banking Group Operations, Technology & Operations S)
Business Function
Group Technology and Operations (T&O) 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 T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Responsibilities
Processing and handling Trade Finance products (Import/Export/SBLC issuance).
Ensure all transactions and tasks assigned are carried out in accordance with the operating and compliance procedures.
Ensure smooth processing of day-to-day transactions within stipulated Service Level Agreement.
Ensure assigned operations duties are duly performed.
Ensure adherence to Department SOP, Bank’s policies and guidelines.
Perform trade sanctions screening, LLI checks, IMB checks, identifying red flags and escalate as per Bank’s procedures.
Timely escalation of operational risks incidents.
Be customer centric and manage queries from clients effectively and provide solutions and or recommendations on trade finance matters.
Liaison with clients on unclear instructions and obtain proper documentation before execution.
Manage daily workflow to meet and exceed client expectations.
Identify areas for process improvement.
Achieve to meet Goals Setting (KPI).
Participate in ad-hoc projects and assignments.
Participate in assigned UAT and LV for system enhancement and implementation.
Conduct transaction monitoring, follow-up on end to end process handling for structured deals and provide regular status updates to STMO (Structured Trade Middle Office).
Work closely with STMO, BU, GTS and other stakeholders on the daily transactions.
Filling and archival of bills.
Perform DHL courier manifest and enveloping.
Requirements
Degree holder with at least 2 to 3 years working experience in the Trade Finance Operations within a bank, preferably in the Structured and Commodity finance environment.
Client service oriented.
Ability to exercise sound judgement on transaction monitoring and escalation of red flags.
Proficient in SWIFT messages such as MT7xx, MT4xx, MT202 and MT103.
Conversant and competent in application of URC522 and URR725.
Good working knowledge of UCP600, ISBP, ISP98 and Incoterms would be an added advantage.
Good working attitude and positive mindset.
Ability to work effectively, independently and a team player.
Strong interpersonal and communication skills with the ability to adapt to the changing needs of the organization and demands of both internal and external stakeholders.
Work cohesively to build alliances and partnerships with Structured Trade Middle Office (STMO), Regional Trade team, Business Units (RM and GTS) and other stakeholders.
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Unlock Your Transaction Services Potential: Insight & Career Growth Guide
Real-time Transaction Services Jobs Trends in Singapore, Singapore (Graphical Representation)
Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph below. This graph displays the job market trends for Transaction Services in Singapore, Singapore using a bar chart to represent the number of jobs available and a trend line to illustrate the trend over time. Specifically, the graph shows 3273 jobs in Singapore and 2952 jobs in Singapore. This comprehensive analysis highlights market share and opportunities for professionals in Transaction Services roles. These dynamic trends provide a better understanding of the job market landscape in these regions.
Great news! DBS Bank is currently hiring and seeking a Transaction Services Specialist Commodity and Structured Trade Operations, Institutional Bank[...] to join their team. Feel free to download the job details.
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An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at DBS Bank adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a Transaction Services Specialist Commodity and Structured Trade Operations, Institutional Bank[...] Jobs Singapore varies, but the pay scale is rated "Standard" in Singapore. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
Key qualifications for Transaction Services Specialist Commodity and Structured Trade Operations, Institutional Bank[...] typically include Other General and a list of qualifications and expertise as mentioned in the job specification. Be sure to check the specific job listing for detailed requirements and qualifications.
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