Corporate Banking, Transaction Banking: currently 60 jobs.The latest job was posted on 08 Jul 20.
Commercial Banking Jobs in Transaction Banking
Transaction banking is a broad function which caters to treasury department and generally operates behind the scene. It involves a proper mix of banking components like payments, cash management, clearing/settlement, trade finance and securities to produce synergy and help fulfill the banking needs of clients.
The demand is high for good talent in trade-finance. There are abundant openings in trade finance sales and in various banks in Singapore posted on eFinancialCareer. Moreover, the profiles offered range from senior associate level to vice president level.
The focus of most banking players has shifted to this stable sector of low-risk and low margin. As per the September report by Boston Consulting Group, by 2022, the wholesale transaction-banking revenues are expected to increase to $139 billion in Asia Pacific.
Some of the best players like Deutsche Bank Singapore, J.P. Morgan, Standard Chartered Bank, Hays Banking & Financial Services, and Goldman Sachs have openings for various roles in trade finance- product, supply chain sales, relationship management, internal auditing etc.
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