R0194114-Corporate Bank -Trade Advisor - AVP
- Employer
- Deutsche Bank
- Location
- Singapore, Singapore
- Salary
- NA
- Posted
- May 24, 2022
- Closes
- May 27, 2022
- Ref
- 14837765
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Details of the Division and Team:
Our Global Transaction Banking (GTB) division is a market leader across Europe, the Middle East and Africa - and is growing fast across the Americas and Asia Pacific. Major corporates, financial institutions and government bodies across the globe rely on our Cash Management, Trade Finance and Trust & Securities Services. This division offers challenging careers for entrepreneurial people who look beyond the obvious. By working collaboratively with colleagues across the bank's global network, you'll develop integrated, value-added solutions for our prestigious clients.
You can expect:
Your key responsibilities:
How we'll support you:
Our Global Transaction Banking (GTB) division is a market leader across Europe, the Middle East and Africa - and is growing fast across the Americas and Asia Pacific. Major corporates, financial institutions and government bodies across the globe rely on our Cash Management, Trade Finance and Trust & Securities Services. This division offers challenging careers for entrepreneurial people who look beyond the obvious. By working collaboratively with colleagues across the bank's global network, you'll develop integrated, value-added solutions for our prestigious clients.
You can expect:
- Flexible benefits plan including virtual doctor consultation services
- Comprehensive leave benefits
- Gender-neutral Parental Leave
- 25 days of annual paid leave, plus public holidays
Your key responsibilities:
- A trusted senior point of contact for Trade Finance service team escalations and resolution of complex issues
- Service Manager for clients on day-to-day trade finance and lending-related activities
- Servicing clients:
- Focal point for advisory related matters between clients and Trade Operations (Delivery Hub India), eg: setting up of non-standardized Trade transactions (e.g. Wording for Guarantees)
- Work closely with sales/product/solution specialists to ideate solutions, participating in pre and post proposal client discussions
- Performing checks on limit, tenor etc to ensure that transactions can be accommodated adequately
- Pricing under a defined framework with Sales. Examples include:
- Actively contact adopted clients to maximize level of credit line utilization.
- Regular engagement with clients on Export LC confirmation and discounting opportunities including working with TFFI sales on credit limit request via OLC system (including Distribution team if required)
- Identifying potential up-sell and cross sell trade finance opportunities
- An important subject matter expert externally and internally. Main internal stakeholders include Trade Finance operations, Credit Risk Management, Legal & Compliance, Relationship Managers, Regional management & product affiliates
- Undertake Transaction Monitoring and KYC due diligence to ensure compliance with both regulatory and audit standards
- Champion Trade Platform Implementations & Services (Including Supplier Onboarding)
- Drive continuous process improvement activities leading to operational efficiencies
- Your skills and experience:
- Minimum 8 - 10 years of experience in the trade finance industry
- Extensive experience in working with oil and other commodities clients
- Team leadership experience, or experience demonstrating readiness to take on a senior role within team
- Experience required at Letter of Credit / Bank Guarantee, including proficiency in UCP600, Incoterms 2010, URDG 758
- Strong trade finance product knowledge, including Letters of Credit, Documentary Collections, Bank Guarantees, Financing products, Structured Trades, Financial Supply Chain, KYC
- Basic analytical skills, ability to exercise flexibility with regards to practical problem solving
- Excellent team worker, able to work in virtual global teams and a matrix organization
- Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirement applies.
How we'll support you:
- Flexible working to assist you balance your personal priorities
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
- Training and development to help you excel in your career