UOB

VP, Trade Finance Operations

UOB
BusinessCentral Region (City Area)Full-time1 weeks ago

About the role

AI summarised

The VP, Trade Finance Operations oversees trade finance operations at a bank, managing teams and ensuring compliance with regulations.

BusinessFull-timeGeneral

Key Responsibilities

  • Oversee the end-to-end processing of trade finance transactions including letters of credit, guarantees, and documentary collections.
  • Manage and mentor a team of trade finance operations staff to ensure high performance and professional development.
  • Ensure compliance with internal policies, regulatory requirements, and industry standards (e.g., UCP 600, ISP98, URDG).
  • Develop and implement operational procedures to improve efficiency and reduce risk.
  • Collaborate with relationship managers and product teams to support client needs and resolve complex transactions.
  • Monitor and report on key operational metrics, including turnaround times, error rates, and volume trends.
  • Participate in system enhancements and UAT for trade finance platforms.
  • Handle audit queries and ensure timely remediation of findings.

Requirements

  • Minimum 10 years of experience in trade finance operations within a bank.
  • At least 5 years in a managerial or supervisory role.
  • In-depth knowledge of trade finance products, including letters of credit, guarantees, and documentary collections.
  • Strong understanding of UCP 600, ISP98, URDG, and other relevant ICC rules.
  • Excellent leadership and team management skills.
  • Strong analytical and problem-solving abilities.
  • Effective communication and stakeholder management skills.
  • Proficiency in trade finance systems (e.g., Trade Innovation, Misys, or equivalent).
  • Bachelor's degree in Finance, Business, or a related field.
  • Professional certifications such as CDCS or CSDG are preferred.