Trade Finance and Treasure

2 weeks ago


Singapore TRUST RECRUIT PTE. LTD. Full time
Review and validate all Letter of Credits, managing day-to-day import and export LC transactions.

  • Ensure the accuracy and compliance of trade finance activities, meticulously examining sales and purchase contracts before submission to banks.
  • Handle procedures for bank account opening, documentation, and upkeep.
  • Foster and sustain relationships with banks and counterparties.
  • Engage in negotiations of LC terms with buyers/sellers and handle counter offers effectively.
  • Supervise shipment schedules and maintain comprehensive documentation of trade finance records.
  • Guarantee the precision and thoroughness of all transaction documents.
  • Supervise inward/outward remittance transactions, loan settlements, and treasury product settlements.
  • Predict cash flow positions, including the management of cash pooling for both immediate and longterm needs.
  • Evaluate funds available for business transactions.
  • Conduct bank lines reconciliation.
  • Timely report exceptions in Trade Finance transactions or other pertinent matters to Management.
  • Monitor invoices, discounting & LOI redemption, and other documents in adherence to export LC terms & conditions.
  • Ensure adherence to UCP600/ISBP regulations.
  • Undertake additional duties as assigned periodically.

Job Requirements:

  • Familiarity with UCP600/ISBP regulations.
  • Preferential background in banks/trade finance, commodity companies, or Oil & Gas industry.
  • Profound understanding of International Trade Settlements and Trade Operations, coupled with adeptness in handling complex transactions.
  • Exceptional organizational and time management capabilities.
  • Sound knowledge of cash management and Treasury activities.
  • Ability to thrive in a dynamic, culturally diverse, and collaborative environment.
  • Positive work demeanor, proactive approach, keen attention to detail, and precision.
  • Demonstrated leadership experience in managing a small team.
  • Advanced proficiency in MS Excel.
  • Ability to work autonomously under pressure and tight deadlines.
  • Excellent communication and presentation aptitude, with fluency in both English and Mandarin for effective communication with overseas Mandarinspeaking associates.
  • Willingness to commit additional working hours as required.

HOW TO APPLY:

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Trust Recruit Pte Ltd

EA License No: 19C9950

EA Personnel:
Jordan Fung Si Jong

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