Corporate Banking, Trade Middle Office

  • Sector: LMA Asia Banking Operations
  • Contact: Hiong Hao Yi
  • Contact Email: shazelina.shafei@lmarecruitment.asia
  • Client: LMA
  • Location: Singapore
  • Salary: S$8000.00 - S$10000.00 per month
  • Expiry Date: 17 July 2022
  • Job Ref: BBBH396719_1655454616

Department

Corporate Banking

Designation

AVP, VP level

Job Function

Trade Middle Office



Job Description
This role is responsible for providing full support and accountability to the Corporate Banking Department on Trade Middle Office related duties as detailed below.

Key Responsibilities:
(1) Management of Transactions on risk-based approach
· Perform independent transactional risk analysis with reference to approved credit facilities, customer trade profile as well as the general product guidelines and procedures.
· Main contact point for customers and liaise closely with Trade Operations and other support departments.
· Perform detailed review of BBLC, SBLC, BG and SG issuance and provide recommendations to mitigate risks.
· Explore mitigating measures and work together with Relationship Managers to provide financing solutions to customers.
· Active participation in discussions with Relationship Managers on the modus operandi of customers, trade flows, facility utilization patterns etc. during credit review.
· Provide comments on the bank's Indicative Term Sheet that will be provided to clients.
· Provide comments on the account conducts of the client at the request of the Bank's Credit Committee.

(2) Management of Transaction Approval Process
· Based on analysis performed, prepare and obtain the appropriate transactions approval in accordance with approval procedures.
· Work closely with Relationship Managers and relevant departments to ensure smooth execution of transactions.

(3) Facilities Administration
· Work closely with Relationship Managers to ensure workability of facility structure and the smooth implementation of approved limits.
· Ensure that credit approvals are established/renewed before receiving applications from customers.
· Periodic review of the bank's commodity financing business, including early warning and suggested mitigations.

(4) Others
· Maintain and update customers' credit limits, as approved by Risk Department, and track its utilization.
· Perform periodic reconciliation of customers' utilization verses the information in the system.
· To maintain and update any policy and procedure related to the above tasks (e.g. TMO Standard Operating Procedures)
· Perform account management activities and provide support for other internal control functions.
· Actively work on enhancing workflow and participate in system enhancement projects.

Knowledge & Experience Required:

  • Degree holder with minimum of 10 years working experience, of which at least 5 years of directly relevant working experience in similar capacity.
  • Must have strong ability to communicate in Mandarin, due to job requirement, and writing Chinese reports.
  • Good customer service and communication skills.
  • Meticulous and good problem solving skills.
  • Experience in change management, system testing and implementation and project management will be an added advantage.


· A fast learner who is able to work independently and as a team as a supporting role.

  • Able to work under pressure and meet strict deadlines.
  • Self-motivated, self-disciplined, organised, responsible, meticulous and able to multi-task.

Company Reg No.: 201131609D l License No.: 11C4684 l EA Reg no: R21100351