Support the operational processing for Trade Products (Open Accounts - Accounts Receivables Purchase/ Invoice Financing/ Digital Financing but not limited to these products as team is cross functional etc.)
Perform Key controls, Reconciliation and monitoring of exceptions (if any).
Work closely with various stakeholders (Compliance, Risk Management, Product) to establish operational standards and procedures arising from new market needs.
Participate in comprehensive solutions for time to market and partnering with various stakeholders in implementing new deals and mandates.
Familiar with MAS626 and TBML Requirements including performing of sampling checks to ensure adherence to controls stipulated in risk assessments including independent review for AML/Compliance related Controls.
Support product initiatives and ability to harmonize processes and policies.
Provide business/user inputs and guidance given the Trade Expertise for rollout of changes, enhancements to trade transaction processing platform.
Active Participation in trade finance/risk/AML related initiatives/projects when assigned.
Qualifications Requirements: The ideal Candidate to meet the following requirements:
A university degree in Accounting/Commerce/Economics/Finance, Banking, or related discipline with minimum of 8 years of relevant working experience.
Proficient in Trade Finance Products in particular Open Accounts products, Risks and Control Concepts.
Knowledge and Prior Experience handling multiple Trade Products will be a plus.
Good knowledge of transaction filtering and the Trade Based Money Laundering, AML & Sanctions risks relating to bank & Trade Finance operations.
Strong analytical skills and forward looking with good risk amplitude.
Good communication (including written), good interpersonal skills.
Self-Motivated individual who is a keen learner and open mindset to challenge status quo for Process Improvements.
Prior Knowledge in Programming and use of various tools for Data Analytics/Programming and controls will be advantageous.