Define your future at HL Bank Singapore
Functional (job responsibilities)
- Process trade-related transactions (such as import and export bills, issuance of SBLCs, Bankers’ Guarantees, etc.) accurately & timely, and ensure compliance with established SOPs, controls and regulations.
- Monitor and ensure that trade transactions are processed within clients’ approved limits / facilities.
- Review and check all documentation relating to trade finance conscientiously and accurately (i.e. ensure all transactions processed are properly recorded / authorized and required documentations are obtained for audit purposes).
- Be the signing authority for transactions and advices (e.g. SWIFT, MEPS, payments etc.) and ensure that there is dual-approver control is in place.
- Review daily/monthly trade finance exposure reports and ensure that all exceptions highlighted in the reports are addressed timely.
- Perform reconciliation of outstanding Nostro items / suspense account.
- Conduct due diligence checks for trade finance transactions.
- Prepare routine and ad-hoc reports accurately and meet the submission deadlines.
- Provide prompt response to queries from internal and external stakeholders
- Ensure existing SOPs are current (to include amended and/or new work processes) including protocols and escalation process and matrix, reflect regulatory requirements, and are digestible for the offshore team.
- Review and finalize the existing Service Level Agreement (SLA) between Singapore and Malaysia.
- Streamline and improve current work process to achieve work efficiency and cost savings.
- Identify gaps in Straight-Through Process (STP) for settlements to reduce manual intervention during and after the migration.
- Maintain morale and productivity within the Singapore team during the transition period.
- Monitor KPI and provide regular progress reports to Management on migration milestones and risk heat maps.
- Ensure all data privacy and cross-border transfer requirements are met in accordance with Legal & Compliance.
- Provide effective relief for the team members / manager in trade finance Team.
- Backup for Remittance payment and Cash related activities.
Organizational (organizational responsibilities)
- Carry out any other duties as directed by the Management from time to time.
Education/Qualification
- Bachelor’s Degree or equivalent, preferably in Banking & Finance.
Experience
- 8 to 10 years of relevant work experience, in Trade Operations/Settlements within a Corporate Bank or Investment Bank.
- Proven track record in Operational Risk or Project Management, specifically involving offshoring or outsourcing migrations.
- Deep technical knowledge of SWIFT, SAA and automated settlement workflows.
- Strong understanding of MAS Outsourcing Guidelines.
- Possess a good understanding of the banking landscape, banking products and processes.
- Able to multi-task and drive desired outcomes with tight timelines.
- Excellent communication skills with the ability to manage stakeholders across different geographic.
About HL Bank Singapore
HL Bank Singapore is the Singapore branch of Hong Leong Bank, a premier regional financial services leader headquartered in Malaysia with a rich heritage of over 120 years. Listed on Bursa Malaysia and a key member of the extensive Hong Leong Group, we operate a robust network of approximately 250 branches across Malaysia, with a strategic regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
As a Full Bank in Singapore, we serve as a vital hub for the Group’s regional ambitions. A cornerstone of this strategy is our sophisticated "advisory-first" wealth proposition through HLB Private Bank and HLB Priority. By combining our deep Asian market roots with a landmark strategic alliance with Swiss private bank Lombard Odier, we provide world-class wealth architecture and bespoke solutions for our clients.
Beyond our wealth focus, we deliver excellence through four core business pillars: Business & Corporate Banking, Personal Financial Services, Private Wealth Management, and Global Markets. This "Integrated Approach" allows our talent to collaborate seamlessly across segments, ensuring we effectively meet the multifaceted needs of high-net-worth individuals, business founders, and corporate enterprises alike.
At HL Bank Singapore, our people are central to our success, and as a recognized Human Capital Partner (HCP) by TAFEP, we are committed to progressive workplace practices and your professional development. We seek digitally inclined, customer-centric performers who thrive in a technology-focused environment, where we empower our teams with AI-enhanced tools and next-generation platforms to lead the industry. As part of a large, diversified conglomerate, we offer unrivaled opportunities to explore new grounds and build a challenging career path within a rapidly expanding regional landscape. Join us to be part of a proven value-creation story and shape the future of your own story at HL Bank Singapore.
