Company: 6255 UOB Innovation Hub 2 Sdn Bhd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values - Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

UOB Innovation Hub 2 (InnoHub2) is a UOB-wholly owned subsidiary and a Centre of Excellence based in Malaysia, providing Group Business Services (GBS) to support the UOB Group. Started in 2021 with technology application design, development and support, InnoHub2 is expanding beyond technology services to deliver other business services to support the Bank's growth ambition. We are looking for talented and motivated individuals to be part of the pioneer team spearheading the development and delivery of the new services.

As part of the InnoHub2 team, you will have the opportunity to work on Group initiatives and gain regional business exposure. We are dynamic, passionate and purposeful about delivering trusted financial solutions that enables business growth. An exciting career progression with varied opportunities awaits you at IH2. Come grow your career with us.

UOB Group Wholesale Banking helps companies and institutions optimize their business operations and cash flow, manage risks, expand into new markets, and manage their capital needs by providing tailored financial solutions, services, and sector insights.

We help develop trusted relationships and partnerships by focusing on our clients' long-term interests and helping them to meet their strategic objectives. Our unique combination of local, in-country presence and expertise, astute Asian market insights and regional network connectivity enables us to help unlock Asia's potential for our clients.

Job Responsibilities

• Accurately process trade finance transactions, including Letters of Credit (LC), Standby Letters of Credit (SBLC), Documentary Collections, and Trade Loans.
• Ensure timely and accurate execution of trade finance transactions, adhering to internal policies and regulatory requirements.
• Verify trade documents for completeness and compliance with UCP 600, ISBP, and other relevant trade finance govering rules and regulations.
• Liaise with counterparties and internal stakeholders to address inquiries and resolve issues related to trade finance transactions.
• Maintain accurate records of all trade finance transactions and activities, daily reconcilaition.
• Assist in resolving operational issues and ensuring seamless trade finance
• operations.

Job Requirements

• Minimum 2 years of Trade Finance Operations experience - LC Advising / import export invoice financing / factoring / forfaiting.
• Sound knowledge in trade finance regulations and instruments and International Trade Governing Rules of UCP, ISBP, URC, URR, Incoterms.
• Familitarity with AML/CFT Guidelines for Trade Finance.
• Meticulous and possess a keen eye for details.
• Strong analytical, problem-solving, follow-up and communications skills.
• Able to work independently and a strong team player.
• Proficient in Microsoft Office applications.
• Minimum a recognized degree in a relevant field.
• Certified in relevant Industry certifications e.g., CDCS, CITF, CSDG will be added advantage

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.

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