Commodity Trade Finance Ops Analyst

2 weeks ago


Singapore Search Ally Pte Ltd Full time

Responsibilities:

  • Act as Maker for endtoend trade finance processing of Singapore and Hong Kong Trade Finance activities (SG & HK TFA).

The activities include processing of:

  • Import LC issuances, amendments, acceptances, payments etc.
  • Export LC advising, confirmation, negotiation, acceptance, negotiation, discounting, if applicable, payment and reimbursement claim.
  • Guarantees including shipping guarantees, bid and performance bonds, Drawee risks, Bank Refinancing and Risks Participations.
  • Ensure smooth and efficient execution of BAUs relating to trade finance SG & HK TFA activities within the specified time frame and cutoff time for the transactions.
  • Ensure all trade finance transactions are duly handled and processed in accordance with the relevant procedure manual, rules, and regulations.
  • Perform KYC validation and Antimoney Laundering Checks on trade finance transactions processed by the Team.
  • Input trade finance transactions into Trade Finance processing system and generate entries and customer advice.
  • Input payment and other SWIFT messages into Kalipso/SWIFT Alliance.
  • Participate in the bank's digitalization and other initiatives/projects relating to the job scope of the team.
  • Participate in Business Continuity Plan (BCP) of the Bank in accordance with the BCP procedures and processes.
  • All other job duties as and when assigned by team leaders, team head or Head, Trade Finance Support Services.

Requirements:

  • At least 35 years of relevant experience in processing trade finance import and export LC, guarantee and collection bills transactions.
  • Has knowledge of ICC rules and practices with good knowledge of latest version of UCP/ISBP/ISP.
  • Has good understanding of trade finance due diligence/AML requirements.
  • Good team player and work well in fast pace working environment.
  • Must be available to work during Singapore public holidays when are business days in Hong Kong.
  • Good attitude and interpersonal skills.


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