United Overseas Bank Ltd (UOB)

First VP, Trade Operation Structured Trade & UniTrade

United Overseas Bank Ltd (UOB)| Date Posted: 27-Jun-2019
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Job Category:
Qualification:
'N' Levels / 'O' Levels, ITE/ NITEC/ Higher NITEC, 'A' Levels, Diploma, Bachelor's / Honours, Masters / PhD

Job Description

RESPONSIBILITIES:

- The incumbent will be leading the  Structured Trade Service Operation team /Special Handling Unit (Unitrade) supporting all Structured Trade Services & selected Commercial Banking & Corporate Banking special handling customer .

- Provide strong support to all business stakeholders in meeting their requirements for Trade Finance products .

- Perform detailed checks to ensure that trade documentation contain no discrepancies and follow up on timely settlement of Export LC.

- Establish good partnership with all business stake holders and regularly engage them in effective dialogue on the bank’s overall requirements relating to all Trade Finance products .

- Implement sound internal trade controls to meet both internal and external compliance standards and automate work processes as far as possible

- Ensure that all trade applications are in compliance with both the organisation's internal trade controls and external compliance standards and best practices.

- Escalate and highlight irregularities on internal trade controls and report any potential compliance breach or sanctioned related issues.

- Preparation of monthly and quarterly reports on timely basis and with minimal supervision

- Be involved proactively in ad hoc projects, assignments and other trade-related duties

REQUIREMENTS:

- Degree holder

  • Sound knowledge of UCP, URDG, ISP, MAS/ ABS Guidelines

- Proficient in excel and possess ability to learn and adapt well to new operating systems

- Has prior trade finance related experience and some experience in leading a team

- Strong problem-solving skills with sound knowledge of trade finance operations and incoterms

- Meticulous and possess a keen eye for detail

- Able to communicate effectively to both internal and external parties and possess the right attitude in being a strong team player

- Basic accounting an Basic accounting and treasury knowledge is preferred but not a must

  • Strong leadership and ability to work with all levels.
  • Strong analytical and problem solving skills.
  • Strong interpersonal and communication skills.
  • Strong strategic planning and organizing skills.
  • Integrity.
Company Overview
United Overseas Bank Ltd (UOB)