Location: Central Region (City Area)
Company: 1011 United Overseas Bank Ltd
About UOB
United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed.
For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.
Key Responsibilities
- Prepare trade transaction requests in accordance with approved CAS requirements and bank policies and procedures
- Prepare bunkering transactions and input data into the factoring system
- Perform price checks
- Monitor Mark-to-Market (MTM), Loan-to-Value (LTV) and vessel movements
- Manage cash margins, insurance, inventory, receivables and collateral, to safeguard the Bank's interests.
- Coordinate Collateral Managers to facilitate the controlled release of goods and collateral.
- Conduct sampling and verification checks
- Perform monthly reconciliation of client’s limits
- Identify and escalate exceptions, irregularities and suspicious transactions
- Report issues to Team Lead, Head of BBTF, BBTF Sales, Business Unit, Group Compliance and relevant stakeholders
- Proficiency in Microsoft Office, particularly Microsoft Excel
Requirements
- Bachelor Degree or Diploma with working experience in trade transaction
- Good communication skills
Additional Requirements
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.
Apply now and make a Difference
Job description provided by UOB Group.
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