Officer - Trade Finance (1-Year Contract)

4 weeks ago


Singapore Emirates Nbd Bank (p.j.s.c) Full time

Organisation Unit Purpose

Provide quality end to end Service Delivery of Trade transactions in accordance to ENBD Group directives. Ensure compliance to Group policies and procedures, local regulatory requirements and guidelines, review of processes to ensure effective controls and efficiency is in place.

The unit works closely with ENBD Head office Information Technology (IT), Group Operations (GOPs) and business process outsourced service provider (Tanfeeth) to leverage on technology to support our banking services and operations.

Job Purpose

The contract resource is responsible for supporting the day-to-day activities such as managing all trade transactions, including but not limited to receipt of trade documents presented by clients/banks via counter, collating and scanning to Tanfeeth for processing.

The job holder is also required to ensure compliance with Internal and External policies and procedures as stipulated in local and applicable international regulatory requirements. He / She will also be required to assist the team in testing and pre-go-live supports for any new/change in the system, as well as to participate in any regulatory projects/initiatives by MAS and/or ABS

Job Content

Business Strategy & Performance

  • Support the end to end delivery of Trade processing to customers under the hub/spoke model
  • Monitor/Control all transactions received by the branch and ensure smooth delivery and achieve Branch's performance and contribute to achieving business goals
  • Work with relevant stakeholders on delivery of business performance for the branch
  • Ensure adherence to service level and quality standards.

Operations & Control

  • Ensure Trade Operations procedures are being followed and deviation escalated
  • Ensure all policies related to Trade Ops are followed and any deviation is escalated
  • Monitor and managed daily end to end delivery of services meets SLA and customers experience are not compromised
  • Regular process review to eliminate unproductive processes
  • Track and ensure system & process issues are resolved and control gaps are addressed

IT Related Project

  • Perform UAT testing for new system/System enhancement
  • Liaise with HO IT project team /vendor on testing result
  • Ensure system data accuracy after migration

Operational Risk

  • Manage and escalate errors in processing, system errors. Work with relevant parties to resolve issues.
  • Regular process review to eliminate erroneous steps or processes.
  • Review errors resulting in operational losses and revise processes to address any risks or control issues
  • Support and ensure Business Continuity is robust and carried out as per Business Impact Analysis (BIA)

Requirements

Skills

  • Min 2-3 yrs experience in Trade Finance Operations. Good knowledge of trade finance products, including LC, BG/SBLC, DP/DA and Open Account financing.
  • Experience in conducting UAT testing, particularly in the area of UAT test design, test scenario and test case creation
  • Ability to check test results and report any adverse findings independently. Follow up for resolutions until the outcome is satisfactory.

Behaviour

  • Independent, pro-active and has initiative
  • Self-motivated and hard working
  • Excellent interpersonal skill

Education

A-Levels/Polytechnic



  • Singapore PARADIGM RECRUITMENT PTE. LTD. Full time

    Roles & ResponsibilitiesOur ClientWell-known International BankHighlightsJob Description:· Handling end to end trade finance processing duties for both Import and Export· Processing of trade loan, risk participants, SWIFT and standby LC guarantees· Performing of KYC validations on trade finance transactions· Responsible for inward/outward collection,...


  • Singapore Paradigm Recruitment Pte. Ltd. Full time

    Our ClientWell-known International BankHighlightsJob Description:. Handling end to end trade finance processing duties for both Import and Export. Processing of trade loan, risk participants, SWIFT and standby LC guarantees. Performing of KYC validations on trade finance transactions. Responsible for inward/outward collection, transfer LC and LC negotiation....


  • Singapore GMP Technologies Full time

    Work location: CBD Working hours: 9am to 6pmResponsibilities:Responsible to handle L/C Issuance, Inward and Outward Collection, Collection Bill purchased, Transfer LC, Export LC Advising, LC Negotiation, LC confirmation, Export LC bills discounting, Bank reimbursement etcBe responsible for end-to-end processing of trade finance transactions (Import and...


  • Singapore The Supreme Hr Advisory Pte. Ltd. Full time

    Settlement Officer [1 year contract]5 days, 9am-6pmSalary: $3200-$3400Address: The Westgate, Jurong EastJob Purpose:This role is responsible to prepare settlements. Ensure payments are in line with the business contracts and are processed in a timely manner.Job scope:Check and compile documents for Accounts Settlement and issue payment requests.Issue...


  • Singapore THE SUPREME HR ADVISORY PTE. LTD. Full time

    Roles & ResponsibilitiesSettlement Officer [1 year contract]5 days, 9am-6pmSalary: $3200-$3400Address: The Westgate, Jurong EastJob Purpose:This role is responsible to prepare settlements. Ensure payments are in line with the business contracts and are processed in a timely manner.Job scope: Check and compile documents for Accounts Settlement and issue...


  • Singapore RECRUIT EXPRESS PTE LTD Full time

    Roles & ResponsibilitiesJob Description: Executive Letter of Credit process and ensure timeline are met. Vetting LC and support trade finance operation team with document presentation to the banks. Manage FD process and ensure adherence to policies. Support SAP projects and enhancements. Support improvement initiatives that enhance efficiency. Other...


  • Singapore Tower Research Capital Full time

    Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an Associate to join our Post Trade Operations team in Singapore on a contractual basis for a period of 1 year. We are looking for a subject matter expert with strong operational knowledge of the markets who will be a self-starter tasked with driving a top-tier service...


  • Singapore CHINA CITIC BANK INTERNATIONAL LIMITED SINGAPORE BRANCH Full time

    Roles & ResponsibilitiesJob Purpose:Provide support in processing and managing the operations of trade finance transactions.Job Responsibilities:· Support Trade Finance services in the bills operations function.· Record and reconcile all incoming applications.· Check incoming applications and ensure that they are complete.· Ensure that...


  • Singapore Kerry Consulting Pte Ltd Full time

    Trade Finance Analyst - Commodities Trading 1-2 years work experience in Commodities Trade Finance End to end trade finance operations Growing Energy Player This is a growing commodity trading house, and they are seeking a dynamic and detail-oriented individual to join their team in Singapore as a Trade Finance Analyst, supporting the end to end scope of...

  • Trade Support Officer

    4 weeks ago


    Singapore Vault Personnel Pte. Ltd. Full time

    Job Responsibilities:Handle the full spectrum of documentary trade transactions-: Prepare and process all required documentation for importing and exporting commodities, this includes handling Bill of Lading, invoices, packing lists, certificates of origin, shipping instructions, and other relevant documentsLiasion with suppliers, buyers, agents, shipping...


  • Singapore China CITIC Bank International Limited (SG Branch) Full time

    Job Purpose: Provide support in processing and managing the operations of trade finance transactions. Job Responsibilities: Support Trade Finance services in the bills operations function. Record and reconcile all incoming applications. Check incoming applications and ensure that they are complete. Ensure that compliance/sanction check is done before...


  • Singapore China Citic Bank International Limited Singapore Branch Full time

    Job Purpose:Provide support in processing and managing the operations of trade finance transactions.Job Responsibilities:. Support Trade Finance services in the bills operations function.. Record and reconcile all incoming applications.. Check incoming applications and ensure that they are complete.. Ensure that compliance/sanction check is done before...

  • AS400 Cobol Developer

    3 weeks ago


    Singapore TANGSPAC CONSULTING PTE LTD Full time

    Roles & ResponsibilitiesPosition: Application Developer Employment Type: 1-year Agency Contract (Highly Renewable)Location: Ang Mo KioKeyskills: AS/400, Cobol/400, Trade FinanceResponsibilities: AS400 COBOL development experience preferred (additional Open System experience is a plus) Experience managing stakeholders and coordinate with other IT team ...

  • Finance Executive

    1 week ago


    Singapore TSAO FOUNDATION Full time

    Roles & ResponsibilitiesKey SummaryTo support various routine finance functions within the Finance teamJob Responsibilities: Handle accounts payable, review and post vendor invoices received in the system. Verify all supporting documents for vendor payments to ensure that it is properly authorized and in accordance with the Foundation’s policies and...

  • Finance Executive

    1 month ago


    Singapore TSAO Foundation Full time

    Key Summary To support various routine finance functions within the Finance team Handle accounts payable, review and post vendor invoices received in the system. Verify all supporting documents for vendor payments to ensure that it is properly authorized and in accordance with the Foundation's policies and procedures. Allocate monthly Grab expenses to...


  • Singapore Recruit Express Pte Ltd Full time

    Job Description:Executive Letter of Credit process and ensure timeline are met.Vetting LC and support trade finance operation team with document presentation to the banks.Manage FD process and ensure adherence to policies.Support SAP projects and enhancements.Support improvement initiatives that enhance efficiency.Other ad-hoc duties assigned.Requirements:...

  • Contract Analyst

    1 week ago


    Singapore Phillips 66 Full time

    Contract Analyst (1 Year) Singapore,SGP Position details: Reporting to the Team Lead, Contract Management, the Contract Analyst is responsible for supporting the functions of contracts management in the Asia Pacific region. This role will involve coordinating and maintaining the trading agreements which support the buying and selling of physical...

  • Finance Executive

    1 week ago


    Singapore TSAO Foundation Full time

    Key Summary To support various routine finance functions within the Finance team Handle accounts payable, review and post vendor invoices received in the system. Verify all supporting documents for vendor payments to ensure that it is properly authorized and in accordance with the Foundation's policies and procedures. Allocate monthly Grab expenses to...

  • Finance Executive

    1 week ago


    Singapore Tsao Foundation Full time

    Key SummaryTo support various routine finance functions within the Finance teamJob Responsibilities:Handle accounts payable, review and post vendor invoices received in the system.Verify all supporting documents for vendor payments to ensure that it is properly authorized and in accordance with the Foundation's policies and procedures.Allocate monthly Grab...

  • AS400 Cobol Developer

    3 weeks ago


    Singapore Tangspac Consulting Pte Ltd Full time

    Position: Application Developer Employment Type: 1-year Agency Contract (Highly Renewable) Location: Ang Mo KioKeyskills: AS/400, Cobol/400, Trade FinanceResponsibilities:AS400 COBOL development experience preferred (additional Open System experience is a plus)Experience managing stakeholders and coordinate with other IT teamBanking Domain with Trade...