Team Lead

About UOB
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description
About the Department
UOB Innovation Hub 2 (InnoHub2) is a UOB-wholly owned subsidiary and a Centre of Excellence based in Malaysia, providing Group Business Services (GBS) to support the UOB Group. Started in 2021 with technology application design, development and support, InnoHub2 is expanding beyond technology services to deliver other business services to support the Bank's growth ambition. We are looking for talented and motivated individuals to be part of the pioneer team spearheading the development and delivery of the new services.

As part of the InnoHub2 team, you will have the opportunity to work on Group initiatives and gain regional business exposure. We are dynamic, passionate and purposeful about delivering trusted financial solutions that enables business growth. An exciting career progression with varied opportunities awaits you at IH2. Come grow your career with us.

• Manage and monitor daily Trade Operation processing Unit.
• Responsible for daily trade transactions checking and approval, including Letters of Credit (LC), Standby Letters of Credit (SBLC), Documentary Collections, and Trade Loans.
• Ensure timely and accurate execution of trade finance transactions, adhering to internal policies and regulatory requirements.
• Liaise with counterparties and internal stakeholders to address inquiries and resolve issues related to trade finance transactions.
• Maintain accurate records of all trade finance transactions and activities, daily reconcilaition.
• Provide support and guidance to junior team members in processing trade finance transactions.
• Assist in resolving operational issues and ensuring seamless trade finance operations.
• Prepare regular reports for management review and regulatory reporting purposes.
• Ensure Governance process - Risk and Controls are in place within the Unit.
• Drive projects and initiatives such as process improvement for the Unit.

Job Requirements
Skills and Experience

• Minimum 5 years of Trade Finance Operations experience leading a team.
• Well-versed in Trade Governing Rules of UCP, ISBP, URC, URR, ISP, Incoterms and ICC opinions.
• Possess good understanding and knowledge of OFAC/Anti-boycott/Anti-Money Laundering/High Risks Transaction.
• Meticulous and possess a keen eye for details.
• Strong analytical, problem-solving, follow-up and communications skills.
• Experience in all areas of international trade.
• Able to work independently and strong team leadership.
• Proficient in Microsoft Office applications.

Education

• Minimum a recognized degree in a relevant field.
• Certified in relevant Industry certifications e.g., CDCS, CITF, CSDG.
• Certified in ACAMS will be added advantage.

Additional Requirements
Develop, Engage, Execute, Strategise

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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