AVP Trade Finance Middle Office, Structured Trade Compliance

Job Description

Morgan McKinley is working in partnership with a regional Corporate Bank with strong footprints and relationship in the Asia region.

The Singapore team is looking for an AVP hire to join their Structured Trade Finance Operations. As the Trade Compliance Manager, you will be responsible for ensuring that the Bank has compliant trade finance operations processes, optimized and efficient trade business models, and oversees Trade Finance Operations' AML operational daily activities supporting business lines in relation to cross-border trade transactions.

Role and responsibilities

• Perform trade surveillance and monitoring duties
• Conduct investigations and reviews on irregular trade finance & remittance activities
• Perform reviews and validation of procedures in compliance with rules, regulations and policies, and to recommend good practices
• Developing and implementing training manuals, SOP and work instructions to comply with trade compliance requirements
• Support trade compliance activities and provide assistance/guidance to other departments to assure compliance with appropriate regulations
• Conduct internal audit and service provider audits to determine trade finance compliance and develop corrective actions
• Support external audit activities as needed
• Support trade compliance training activities and initiatives
• Identify areas for process improvements and develop metrics and reports to gauge success
• Identify and report any trade finance violations (or potential violations) and assist/lead investigation, preparing documentation and corrective actions as needed
• Participate in ad hoc projects and UAT

Key requirements

• Degree holder
• Minimum 7 years of relevant experience in compliance or control functions, with focus on trade compliance, surveillance and/or monitoring
• Strong knowledge across Trade Finance products and good understanding of controls around AML/ CFT (countering the financing of terrorist), and Remittances
• Ability to work with Business Units to identify potential issues and assist in the resolutions
• Strong attention to details
• Good interpersonal, communication and analytical skills
• Able to work under pressure and tight deadlines, independently as well as a team player
• Comprehensive knowledge of trade compliance regulations, MAS guidelines and other regulatory requirements
• Comprehensive knowledge of Microsoft Windows, Word, Excel
• Knowledge of Lending products and support (Syndicated loans and bilateral loans) would be an added advantage
• Holder of Certificate in Trade Finance Compliance (CTFC) would be an added advantage

Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as notification that you have not been shortlisted.

Morgan McKinley Pte Ltd, EA License No: 11C5502

Lee Boon Hou (Hagen), Registration No: R1870932

hlee@morganmckinley.com