Trade Finance Operations Specialist
19 hours ago
As a Trade Finance Operations Specialist at RECRUIT AVENUE PTE. LTD., you will be responsible for managing trade finance transactions, ensuring compliance with approved terms and regulations, and providing excellent customer service. Your primary responsibilities will include handling and authorizing letter of credit issuance, amendments, advising, and confirmation, as well as processing and authorizing shipping guarantees, bank guarantees, and standby letters of credit.
Key Responsibilities:
• Handle and authorize LC issuance, amendments, advising, and confirmation.
• Process and authorize shipping guarantees, bank guarantees, and SBLCs.
• Review and process import and export documents (DA/DP), including authorizing acceptance and payment.
• Oversee invoice financing transactions and related payments.
• Manage trade loans, reimbursement finance, and risk participation transactions.
• Process payments for import/export documents, collection documents (DA/DP), OA loans, and invoice financing.
• Ensure all transactions comply with approved terms, conditions, and regulations.
• Process and collect fees for unfunded risk participation and monitor overdue transactions.
• Review weekly trade bills reports, monthly trade finance outstanding reports, and provide necessary updates.
• Liaise with customers and relationship managers regarding trade-related matters.
Requirements:
• One-year experience in trade finance operations.
• Proficient in UCP600, URC522, ISP98, and ISBP.
• Experience with SWIFT Alliance messaging and operations.
• Strong awareness of anti-money laundering (AML) and counter-terrorist financing (CFT) measures and regulations.
• EA License Number: 23C1935 | EA Personnel Number: R1551292
Key Skills:
• Transaction Processing
• Microsoft Excel
• Export-Import
• Letter of Credit
• Trade Finance
• Import/Export Operations
• Export Operations
• Banking
• AML
• Operational Risk
• Export Regulations
• Microsoft Word
• Shipping
• Import and Export Documentation Administration
• Knowledge of Import and Export Documentation
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