AVP, Team Lead, Transaction Services-Trade Operations, Institutional Banking Group Operations ([...]

AVP, Team Lead, Transaction Services-Trade Operations, Institutional Banking Group Operations (IBGO), Group Operations

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

• Lead and supervise a team of Trade LC Advising processors, digital Imaging Team and Trade Counter via 2 locations in terms of resource management, training and daily BAU challenges, if any.
• Process and/or check Trade Finance Letter of Credit (LC) Advising/Confirmation transactions to ensure compliance with UCP rules, industrial standards, and internal bank policies.
• Ensure SOPs and existing/new controls are in place and adhered to by operating teams.
• Review and check the export LC to ensure that terms and conditions are acceptable and workable for LC confirmation.
• Ensure Trade documentations and ongoing processes are compliant with UCP rules, ISP98 rules, anti-money laundering guidelines, terrorist financing and sanctions regulations, and other related internal policies.
• Work with and supervise team members to achieve daily tasks assigned.
• Communicate effectively with team members, external clients and internal stakeholders.
• Review and opine on New Product/Processing involving/impacting LC advising Team, Digital Imaging Team and counter service Team.
• Identify irregularities and red flag items in the export LC for approval.

Requirement

• Minimum 5-8 years of Trade Finance experience with relevant capability in people management and leading a team.
• Excellent understanding of UCP rules, ISP98 rules, Anti-Money Laundering Guidelines, and Terrorist Financing and Sanction Regulations.
• Good interpersonal and communication skills.
• Meticulous and detail-oriented.
• Capable of working effectively under pressure and tight deadlines.
• Ability to identify opportunities to improve operational efficiency.

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.