CB IB Operations & Controls – Manager of Trade Finance and Lending Operations – VP

Details of the Division and Team:    

Reporting to Regional Head of Trade Finance and Lending Operations (TFL Ops), the incumbent will be responsible for managing the operations and control for all trade finance and loan products in Singapore and cluster head in the Asia countries.

What we will offer you:         

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Flexible benefits plan including virtual doctor consultation services

• Comprehensive leave benefits

• Gender Neutral Parental Leave

• Flexible working arrangements

• 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

Your key responsibilities:

• Manage the Trade Finance and Lending Operation teams and processes on daily basis to ensure no lapses and support the Regional Head TFL Ops to achieve the overall business priorities and goals.

• Oversee and take responsibility for transaction processing with outsourced operations teams, including supervision over processes of the outsourced functions that are in compliance to the service level. 

• Work closely and in collaboration with internal stakeholders including offshore operations team, Product Management, Trade Service, Sale and Structurers in processing existing and new deals and initiatives for the Bank.

• Ensure that the teams comply with all internal and external policies/guidelines and requirements of the regulators and to agreed SLAs, KRIs and/or KPIs.

• Identify and escalate any operational, regulatory and any other potential inherent risks to be addressed and analyze for solutions.

• Responsible to approve and certify transactions, controls and related operational functions based on the defined authority level.

• Responsible for regulatory reporting, including any regulatory changes, and   accuracy and timelines are met.

• Respond and address all regulatory and audit matters, hence there is requirement to be conversant with regulatory guidelines such as MAS 610, 626 and engage in internal/external audits, when required.

• Manage contingency planning to ensure continuity and effective execution.

• Ensure continuous process efficiency and performance improvement.

• Lead projects and initiatives in the regional to warrant successful implementation.

• Challenges and seeks alternative means to reduce cost & mitigate risk.

Your skills and experience:

• Minimum 10 years of relevant working experience in Trade Finance and Lending Operation, with at least a bachelor’s degree in business administration or relevant disciplines and fields.

• Experience in trade finance and loan products, including the processes, documentation, due diligence checks, controls and payments.

• Experience in managing teams with regional exposure, including projects and regulatory reporting.

• Risk and control mindset with the ability to identify risk and implement robust controls.

• Analytical and problem-solving skills, including generating or ideate solutions through automation.

• Proven organizational, multitasking and leadership skills.

• Proficient communication skills, including managing audits.

• Confident and enjoy working in a performance driven culture.

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

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

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.