Senior Officer, Structured Trade Services (Contract)

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values - Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Job Requirement

• Report to the Team Lead as a contributing team member.
• Review Letters of Credit (LC), contracts, and related documents to ensure transactions are self-liquidating.
• Conduct price checks, vessel checks, mark-to-market assessments of collaterals and foreign exchange positions, ensuring compliance with bank, counterparty, and debtor limits.
• Monitor vessel routes and vessel arrival; issue notices to disport agents when required.
• Follow-up with customers to secure timely receipt of sales proceeds.
• Review back-to-back matching lists and resolve discrepancies promptly.
• Ensure adherence to the bank's policies, guidelines, regulatory requirements, and AML/CFT procedures.
• Deliver tasks accurately and within agreed Service Level Agreements (SLAs).
• Provide administrative support to Team Leads as needed.

Requirements:

• Sound knowledge of UCP, ISBP, URC URR, ISP, URDG, MAS/ABS Guidelines and experience in all areas of international trade
• Bachelor Degree with 1 year of Trade Ops / Middle Office / AML experience.
• Trade product knowledge
• Proficient in excel & macro, tech savvy
• Strong analytical and problem-solving skills
• Meticulous and strong follow-up skills
• Able to work independently and strong teamwork
• Bilingual preferred
• Inquisitive & positive learning attitude

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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