Trade Finance Specialist
1 week ago
Job Title: Trade Finance Specialist
Job Summary:
OCBC Bank is seeking a skilled Trade Finance Specialist to join our team. As a Trade Finance Specialist, you will be responsible for independently checking Import & Export documents drawn under LC, guided by the operating procedures, guidelines, policies, practices, and standards imposed by the Company/Group.
Key Responsibilities:
- Independently check Import & Export documents drawn under LC.
- Liaise with customers on document discrepancies and provide appropriate advice on rectification and further handling.
- Clarify document discrepancies with the opening / presenting bank and initiates response to the respective opening / presenting bank where required.
- Follow up and attend to acceptances/payments , dishonour of documents and issue rebuttals if necessary.
- Communicate effectively with internal and external stakeholders for queries and issues, collaborate towards resolution.
- Observe the bank requirements with respect to operational risk, compliance, AML/TBML in the daily course of actions.
- Perform transaction recording into appropriate systems.
Requirements:
- Candidate should have at least 3 years of relevant banking experience.
- Familiarity with general LC practice rules (ie UCP600, ISP98, ISBP and URR725), expert opinions and legal decisions.
- Strong understanding and working knowledge of various SWIFT message types.
- Possess excellent interpersonal and communication skills as well as a high level of discretion and integrity.
- Meticulous, quality and service oriented, with the ability to perform critical evaluation and provide effective solutions.
- Resourceful and able to work effectively under pressure as an individual as well as in a team.
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