She then pursued her post-graduate degree in business Process Re-engineering and Management Consultancy at Leeds Beckett University, Leeds, UK. Over her professional career, Stella had the opportunities to work and collaborate with some of Indonesia’s, Japan’s, UK’s, and Europe’s prominent companies from various industrial sectors, namely: FMCG, Finance & Banking, Mining, Oil & Gas Manufacturing, Real Estate & Property, Telecommunication, Transportation, Legal, and many more..
He was the Global Transaction Services (GTS) Head for Singapore while working for RBS (Royal Bank of Scotland). As GTS Head he was responsible for both trade and cash management business. Both trade finance & commodity finance teams in RBS Singapore reported to him. He worked for Bank of Tokyo Mitsubishi UFJ (now known as MUFG) in the capacity of Assistant General Manager and Senior Sales Advisor responsible for structuring solutions targeting MNC clients and selected US & European Commodity Clients. His trade & commodity finances background includes sales, structuring, product management of traditional trade, open account trade receivables financing, commodity financing, supply chain financing, factoring and structuring of interest and currency arbitrage trade transactions. He was involved in the development of Borrowing Base Trade Finance, Early Payment Discounting (Supply Chain Financing), OAT (Open Account Trade) Financing and Offshore Reimbursement Financing (FI Trade Financing). Walter is currently a consultant with a Local Bank and he provides advice on target operating model designed for the rollout of Financial Supply Chain Management and Open Account systems. He is also freelance consultant and single-handedly designed & developed training module(s) covering open account trade, supply chain financing and factoring. He has developed a training module for a Vietnamese Bank. In his capacity as a consultant, he interacts with various Fintech solutions providers including solution providers for Trade Blockchain and IOT logistics. He has both sales product management experience in structuring commodity finance and supply chain solutions. He is able to add a new dimension to trade & commodity finance by analyzing & calibrating the use of Blockchain, AI and IOT technology.
In his present role, he has been tasked to transit the existing heavily energy based portfolio into a greener and sustainable pool by aligning financing with a +1.5 degree Celsius trajectory. With this, he is driving the Metals and Agriculture segments with a revenue and asset based budget responsibility. His day to day includes proposing, structuring and delivery of financial solutions for prospects and clients’ trading activities, inventory and balance sheet management. His target clients include International and Asian based commodity trading houses, steel and based metals producers, mining companies. Although Singapore being a commodity hub grants easy access to most counterparts here but pre COVID, he is a regular traveler on inspection trips to smelters, refineries, stock and warehousing facilities in China.
Fundamental thinking process of a commodity banker is to know and use trade facilities that is structured on transactional and inventorial finance supported by traditional products like Letters of Credit, Trust Receipt and Post shipment loans on fully, imperfectly and unsecured operations. More complex financing such as borrowing base, pre-export, advance payments and asset securitization are also regular features. Not just getting the approvals from different level of credit delegations, the banker is then involved in documentation that often engages warehouse managers, exchange brokers/clearing houses, local and foreign counselors to perfect the bank’s security interest. Post drawdown, he has to supervise transactions alongside middle office for adherence to facility parameters, price risks (marked to market and valuation), collateral containment and monitoring of repayment sources. In the recent unfortunate times of Hin Leong and Zenrock, bankers have also been involved in litigative work and debt recovery as part of their responsibilities.
Apart from traditional and European commodity financiers, Albert has also had stints with corporate banking institutions and never far from his roots. He started the commodity portfolio with Royal Bank of Scotland that brought new revenue streams under transaction banking unit as well as team lead in the metals and mining department of DBS Bank Singapore covering non ferrous metals clients. A strong believer in the commodity financier profession, he is passionate and yet practical to mediate between the bank and markets’ expectation, ultimately with satisfying outcomes.