We are currently partnering with a full-service bank who have a strong and growing presence in the Asia region.
They are looking to hire a VP – Trade & Loans Operations candidate to oversee a team of staff and provide support to the Head of the department.
Please contact Michael Durkin on +65 8894 1963 or email your cv directly in word format with job reference no. JOB-14474to michaeldurkin@theedgepartnership.com
Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.
EA License : 16S8131
Recruiter License : R2090716
michaeldurkin@theedgepartnership.com
Key responsibilities
- Support the Head of Trade & Loans Operations in managing Trade & Loan Services Department per branch guidelines to meet objectives.
- Oversee operations in Trade Finance, Remittances, Loans, and Correspondent Banking.
- Collaborate with the Head of Trade & Loans Operations on strategic direction, focusing on compliance, risk, and operations.
- Assist in implementing and reviewing departmental policies and guidelines.
- Optimize work procedures to enhance efficiency and customer service.
- Drive productivity improvements through automation and streamlined workflows.
- Research and recommend new trade & loan products; coordinate with business units for delivery.
- Ensure compliance with all regulations, guidelines, and the Bank’s Enterprise Risk Management Framework.
- Implement cost-saving measures to reduce departmental and branch expenses.
- Support periodic reviews of organizational structure and staff duties.
- Identify, develop, and groom talent for managerial roles and succession planning.
- Foster high-performing teams through motivation, development, and performance reviews.
- Arrange cross-training to boost staff skills, morale, and motivation.
- Stay updated on trade finance/loan industry trends, fintech advancements, and regulatory changes.
- Maintain strong relationships with agent banks for clearing and forfaiting services.
Oversee Business Continuity Planning, including Business Recovery Officer responsibilities
Role requirements
- In-depth knowledge of trade finance, and in loan operations
- 10+ years of middle/back-office operations experience, ideally with experience in Commodity Trade Financing (energy, and hard and soft commodities)
- Strong understanding of International Trade rules (UCP, ISBP, URC, URR), Incoterms 2020, and MAS Regulations/Notices.
- Excellent interpersonal and customer service skills.
- Strong Trade & Loan product knowledge with risk mitigation and problem-solving capabilities.
- Skilled in managing cross-departmental issues; works well under pressure both independently and in teams.