Job Description - Transaction Services Specialist - Commodity and Structured Trade Operations, Institutional Banking G
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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