Trade Finance Document Checker
2 weeks ago
OCBC Bank is seeking a highly skilled Trade Finance Document Checking Specialist to join our team in Penang.
Job Summary:We are looking for a detail-oriented and organized individual to independently check Import & Export documents drawn under LC, guided by our operating procedures, guidelines, policies, practices, and standards.
Key Responsibilities:- Independently verify Import & Export documents drawn under LC, ensuring compliance with our operating procedures, guidelines, policies, practices, and standards.
- Liaise with customers on document discrepancies and provide guidance on rectification and further handling.
- Clarify document discrepancies with the opening/presenting bank and initiate responses as 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, collaborating towards resolution.
- Observe bank requirements with respect to operational risk, compliance, AML/TBML in daily actions.
- Perform transaction recording into appropriate systems.
We are seeking a candidate with at least 3 years of relevant banking experience and the following capabilities/attributes:
- Highly conversant with general LC practice rules (UCP600, ISP98, ISBP, and URR725), expert opinions, and legal decisions.
- Familiarity with LCs for commodities trade (energy, hard, and soft commodities) is advantageous.
- Strong understanding and working knowledge of various SWIFT message types.
- Excellent interpersonal and communication skills, with 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 and in a team.
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