Job Description
Global Transaction Services (GTS) comprises of Cash & Trade, Securities Services and Fiduciary Services. In an increasingly borderless world marked by burgeoning trade flow, expertise in trade finance services is an invaluable asset. With cash the lifeblood of every company, so too, is a good understanding of how to manage these cashflows. Trade Finance, together with Cash Management, is the mainstay of GTS, and is extended to SME and corporate clients for their local and cross-border financial transaction needs.
Job Purpose
To provide product innovation and support to Open Account and Domestic Trade Finance Transaction in India.
Key Accountabilities
Conceptualise, plan and execute rollout of new product, service and enhancements in the Bank's Trade Finance offerings
Identify opportunities in industry segments and create specific product proposition
Provide guidance on policy/procedure, regulatory compliance, and operations/system-related issues and strengthen risk management.
To maintain and improve the customer experience
Create, Maintain and Disseminate suitable MIS
Job Duties & responsibilities
Play an active role in development of the Open Account and Domestic Trade product portfolio in line with Group guidelines and budgets.
Conceptualise and create/enhance new product and services that will add to or grow existing revenue streams
Innovate/Structure customised solutions to meet specific customer requirements and improve transaction yields.
Identify industry segments with specific requirements and create value propositions to target opportunities presented
Identify cross border opportunities within and outside the Group and means to capture these flows
Monitor and remain accountable for achievements of product revenues against targets
Post implementation review of new roll-outs, and initiate action where necessary
Maintain close liaison and seek assistance from Head Office GTS product, sales and operations teams for product development, end to end structuring and creating efficient cross border processes
Engage with operations and sales to build and maintain an effective customer service model that differentiates DBS
Identify system and process gaps and partner trade operations in closing these
Provide guidance on regulatory compliance
Build and maintain suitable MIS
Job Purpose
To provide product innovation and support to Open Account and Domestic Trade Finance Transaction in India.
Key Accountabilities
Conceptualise, plan and execute rollout of new product, service and enhancements in the Bank's Trade Finance offerings
Identify opportunities in industry segments and create specific product proposition
Provide guidance on policy/procedure, regulatory compliance, and operations/system-related issues and strengthen risk management.
To maintain and improve the customer experience
Create, Maintain and Disseminate suitable MIS
Job Duties & responsibilities
Play an active role in development of the Open Account and Domestic Trade product portfolio in line with Group guidelines and budgets.
Conceptualise and create/enhance new product and services that will add to or grow existing revenue streams
Innovate/Structure customised solutions to meet specific customer requirements and improve transaction yields.
Identify industry segments with specific requirements and create value propositions to target opportunities presented
Identify cross border opportunities within and outside the Group and means to capture these flows
Monitor and remain accountable for achievements of product revenues against targets
Post implementation review of new roll-outs, and initiate action where necessary
Maintain close liaison and seek assistance from Head Office GTS product, sales and operations teams for product development, end to end structuring and creating efficient cross border processes
Engage with operations and sales to build and maintain an effective customer service model that differentiates DBS
Identify system and process gaps and partner trade operations in closing these
Provide guidance on regulatory compliance
Build and maintain suitable MIS
💡 Quick Summary
Seeking a career-building opportunity? The Vice President position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
