SUMITOMO MITSUI BANKING CORPORATION Singapore Branch
Assistant Vice President, Structured Trade Operations - Trade Finance Group
Job Location
Singapore, Singapore
Job Description
Responsibilities Process daily trade transactions in a timely and accurate manner within service level agreement Perform pre-processing review of customers’ submissions and conduct documentary checks Check shipping documents and identify documentary discrepancies, in accordance with ICC standard guidelines, International Standard Banking Practices, etc. Process transactions in Bank’s trade processing system Ensure that regulatory, bank’s policies, guidelines, control and compliance requirements are strictly adhered to Complete daily reconciliation activities and prepare reports to internal stakeholders and/or customers Liaise with client on updating transaction statuses and support addressing transaction related queries Contribute to various process improvements and other projects as allocated Initiate ideas to drive operational efficiencies, enhance risk controls or improve customer satisfaction Support review of new products and requirements and assist Department Head to setup procedures to operationalize such new products to customers Provide trade technical advice to business units and customers when needed Assist the Department Head on human resource planning; ensure staff development and implementation of upskill programs. Ensure Operations Procedures are updates as per evolving regulatory requirements, new products and initiatives Contribute to bank-led digitalization and other initiatives/projects Participate in BCP drills and be familiar of Banks’ and Group’s BCP procedure and processes -Investigate and report discrepancies and irregularities arising from transactions, system failure, etc and resolve issues including handling stakeholder’s complaints and escalating all issues to Group Head/Deputy Group Head promptly Perform duties assigned by the Group Head or Management and to cover duties and responsibilities of staff in the event of an emergency/crisis Requirements Graduate, preferably in Banking & Finance Sound knowledge of UCP, ISBP, URC, ISP, URDG At least 5-7 years of trade operations experience covering all imports and exports products Ability manage daily operations with strong risk awareness, analytical and problem-solving skills Self-starter who can work effectively in a team setting Good interpersonal skills, decisive in communications Resilient and flexible in challenging circumstances J-18808-Ljbffr
Location: Singapore, SG
Posted Date: 5/1/2025
Location: Singapore, SG
Posted Date: 5/1/2025
Contact Information
Contact | Human Resources SUMITOMO MITSUI BANKING CORPORATION Singapore Branch |
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