Intern, Agency Settlement Risk

2 weeks ago


Singapore INTERNATIONAL AIR TRANSPORT ASSOCIATION Full time

About the team you are joining:

Reporting to the Manager, Agency Settlement Risk, the incumbent will support executing the risk management process for the assigned countries within the Global Delivery Center (GDC).


What your day would be like:

  • Assist in conducting the monthly monitoring of agents' Financial Security amounts versus amount sales at risk;
  • Assist in coordinating Financial Review process for Passenger and Cargo Agents including review results, communicate with both Agents and the Global Financial Assessor and followup on results requirements;
  • Help managing Financial Securities' related processes including request for provision, encashment, increase, reduction, renewal of bank guarantees;
  • Prepare regular and adhoc reports and dashboard analysis;
  • Communicate with external stakeholders including banks, financial assessors, insurance companies;
  • Provide support to agents and field offices on all risk management related matters;
  • Follow up the Risk alerts generated by risk monitoring systems and tools and proceed with the necessary risk mitigation actions towards identified agents.

We would love to hear from you if:

  • You have a university degree ideally in business administration or a related field
  • The degree must have been achieved within the last 12 months;
  • Experience within the air transport or travel industry would be an advantage;
  • Good grasp of accounting principles and financial analysis;
  • Excellent IT skills, particularly MS office and Excel;
  • Ability to work as a strong team player in a dynamic, multicultural, fast paced and highly demanding environment;
  • Ability to set priorities and work with a high level of drive, energy and speed with a strong customer focus on proactive problem solving, conflict resolution, continuous followup;
  • Good interpersonal skills and ability to communicate effectively with internal/ external stakeholders at all levels from different cultures and backgrounds;
  • Fluency in English (written and spoken); knowledge of other languages will be an additional asset.

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