Overview of the Department:
Transaction Banking Services (TBS) are to support the commercial development of the Cash Management and Receivables and Supply Chain Finance business, by industrializing execution, digitalizing client relationships, and developing an integrated IT and Operations offering to clients
- Client Payments & Receipt (CPR): CPR is the back office team in charge of order processing for incoming and outgoing payments.
- Client Setup Services (CSS): CSS is the back office team in charge of clients account management aiming at ensuring the administrative initiation of client accounts and their technical set up as well as their cheques activities.
- Receivables & Supply Chain Finance (RSF): The team manages and supports supply chain finance transactions (platform in India).
Summary of the position:
Perform all daily back-office operations the handling of Supply Chain Financing and syndication loans
Main responsibilities:
The candidate is responsible for the day-to-day activities for both supply chain and syndication loans.
Supply Chain Financing:
- Input new client data into DEMICA/KYRIBA
- Update non live rates in DEMICA
- Monitor the due dates of transactions
- Post request for financing in LORIS for Gelop processing
- Monitor the status of transactions posted in LORIS
- Ensure deals uploaded in DEMICA/KYRIBA and RSF engine are promptly accepted
- Review contracts and advices
- Perform Quarterly controls based on sampling checks obtained from customers
- Work closely with all stakeholders and ensure all transactions processed within turnaround time
Syndication Loans:
- Provide support to the stakeholders in the region with regards to their financing requirements.
- Analysis of borrowers needs and risk controls.
- Coordination of terms with Bank Arrangers.
- Lead documentation and due diligence process.
Secondary Duties:
- Assist in any projects being assigned by the team leaders
- Able to back up colleagues whenever is required
Legal and Regulatory Responsibilities:
- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the Singapore Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.
- Maintain appropriate knowledge to ensure to be fully qualified to undertake the role.
- Complete all mandatory training as required to attain and maintain competence.
Role requirements:
- Minimum 5 years of experience in banking environment in back-office supply chain or receivable financing. Knowledge and experience of international trade is a plus
- Certificate or courses or any specialized training/exposure in international trade and supply Chain
- Ability to support and provide team work whenever in required
