AVP Senior Associate Authorizer Structure Trade Operations Institutional Banking Group Operations Group COO
DBS Bank Ltd is a Singapore-based bank providing personal, SME, corporate, institutional, wealth management, financial markets, and digital banking services. Its clients include consumers, small and medium-sized businesses, corporations, and institutional customers.
About DBS Bank Ltd
DBS Bank Ltd provides banking products and services including accounts, cards, insurance, loans, investments, digital banking, payments, trade finance, foreign exchange, commodities, investment solutions, and derivatives clearing. Through its SME business, it supports businesses with financing, cash-flow management, online banking through DBS IDEAL, sustainability programmes, and business-growth initiatives. The bank serves personal customers, SMEs, corporate and institutional clients, and wealth-management customers across its regional markets.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will authorize daily trade finance transactions and allocate work to processors. You will maintain duty rosters, manage workflows, resolve and escalate operational issues, enforce compliance procedures and service levels, perform controls and reconciliations, guide staff, and support process-improvement projects and system testing.
Requirements
- At least 5 years of trade finance operations experience within a bank
- At least 2 years of authorization experience
- Knowledge of structured and commodity finance and trade finance products
- Knowledge of regulatory sanction requirements
- Interpersonal and communication skills
- Ability to review policies and procedures and identify improvements
- Judgement in transaction monitoring and escalation of red flags
- Logical and problem-solving skills
- Knowledge of UCP600, ISBP, URC522, ISP98, URR725, and Incoterms
- Proficiency with SWIFT MT7xx, MT4xx, MT202, and MT103 messages
Responsibilities
- Authorize daily import, export, and standby letter of credit transactions
- Allocate ready-to-process transactions to processors
- Establish duty rosters for processors and authorizers
- Manage daily workflows to meet client expectations
- Provide recommendations on trade finance matters
- Resolve operational issues and escalate risks promptly
- Ensure transactions comply with operating and compliance procedures
- Ensure transactions are processed and authorized within service-level agreements
- Guide and train staff on standard operating procedures, policies, and guidelines
- Perform controls, reconciliations, investigations, and follow-up
- Identify improvements to quality, productivity, and efficiency
- Participate in projects, user acceptance testing, and system implementation