- Location
- SGP-Head Office, Singapore
- Workplace
- Onsite
- Type
- Full-time
- Department
- Management
- Seniority
- Manager
- Source
- Workday
Description
WHO WE ARE:
As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Why Join
You will be working in a collaborative environment interacting with various internal and external stakeholders. An independent team player performing middle office function to support Commodities Trade Financing under Global Wholesale Banking, which includes both Global Corporate Banking and Global Commercial Banking via close co-operation with Customers, Risk, Relationship Managers and Operations.
How you succeed
Positive attitude and taking ownership on the accounts that you managed and being a good team player will contribute to your growth in the team. Understand the facility structures and exercise your judgement and risk assessment on every transaction while managing the expectations from Business and Customers forms a big part to your day-to-day.
What you do
You would be performing verification, authentication and monitoring of the trade transactions and collaterals as follows:
Monitor all transactions requested by the client to ensure that they fall within the credit parameters specified in the facility or otherwise raise as an exception for approvals.
Obtain and review all transactional documentary support (e.g. purchase contracts, sales contracts, export L/Cs, insurances, hedge contracts etc.) before validating the transactions for execution by Trade Ops. Track the development of the transaction on end-to-end basis from procurement to sales.
Review the AML/CFT aspect of the transactions and highlight red flags if any to BU, Risk and RCU accordingly.
Ensure adherence to approved advance margins and arrange for appropriate cash top up, when required.
Assess the quality and value of collateral by performing mark-to-market valuation of collateral where appropriate to ensure that this is maintained on an on-going basis.
Monitor movement of collateral and control the release of goods financed by the bank to third parties such as warehouses, forwarders, shipping companies.
Follow up on transaction exception or excess and the regularisation or rectification of these matters with Relationship Managers
Provide feedback on monitoring possibilities and operational experience of the clients during credit reviews.
Who you work with
Group Risk Management Division
Group Risk Management works independently to protect, build, and drive our businesses. The team support good decision-making. With strong risk analysis. And a crucial, comprehensive role in sharpening our competitive edge. Optimising risk-adjusted returns. It’s about seeking and adopting best-in-class practices. Protecting the group from unforeseen losses. Keeping risk within appetite. Embracing change and managing growth in one of the world’s strongest banks.
Who you are
Diploma or Degree holder in Banking, Finance, Economics or a related discipline, with relevant experience in commodities trade finance.
Minimally 3 years of relevant experience in middle office function supporting structured commodities trade finance transactional monitoring, with knowledge of AML/CFT requirements and regulatory controls.
Strong experience in commodity trade finance structures, collateral management, and credit facilities across sectors such as Metals & Mining, Energy, and Agriculture.
Analytical and risk-focused professional with the ability to assess transactional risks, identify exceptions, monitor exposures, and make sound judgments while balancing business and risk considerations.
Highly organized, detail-oriented, and capable of managing multiple accounts simultaneously while ensuring compliance with approved credit parameters and operational procedures.
Strong communicator and collaborative team player who works effectively with Relationship Managers, Risk, Operations, and clients
What we offer:
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.