Trade Finance Operations

2 months ago


Singapore Recruit Avenue Full time
Our client is seeking a meticulous Trade Finance Operations Maker to join their esteemed banking team in Singapore.

This role is responsible for ensuring the accurate and efficient processing of trade finance transactions, adhering strictly to Singapore's banking regulations and international trade practices.


Key Responsibilities:

  • Facilitate the issuance of import LCs and process import collections, ensuring timely acceptances and payments.
  • Manage import and export loans, including roll-overs, payments, and handling past due loans.
  • Handle export collections and advise on export LCs, including confirmation, negotiation, acceptance, discounting, and reimbursement claims.
  • Administer various types of guarantees, such as shipping guarantees, bid and performance bonds, and drawee risks.
  • Record and register receipt of trade documents accurately and promptly.
  • Conduct Anti-Money Laundering (AML) checks on all trade finance transactions in compliance with regulatory requirements.
  • Input trade finance transactions into the system and generate entries, ensuring accurate customer advice and documentation.

Qualifications and Skills:

  • Bachelor's degree in Finance, Business Administration, or a related field preferred.
  • 1 year OR internship experience in trade finance operations within a banking environment, with comprehensive knowledge of relevant trade finance rules and regulations.
  • Strong analytical skills and attention to detail, capable of interpreting and verifying complex trade finance documentation.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams and provide exceptional client service.
  • Proficiency in MS Office applications; familiarity with trade finance systems and platforms is advantageous.
  • Ability to manage multiple priorities and deadlines in a fast-paced, dynamic environment.

Benefits:

Competitive salary package:
Up to $3,800 x 13 months + variable bonus up to 3.25 months based on performance.

Working hours: 9am to 6.30pm (Monday to Friday).

Annual leave: 26 days.

  • Medical benefits and dental benefits: $150 per year.

Wellness allowance:
$250 per year.

Overtime compensation:
$6 per half hour; transport claim after 9pm.

EA License Number: 23C1935 | EA

Personnel Number:
R155129

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