Trade Finance Manager

19 hours ago


Singapore Private Advertiser Full time

Job Responsibilities
Work closely with traders and trade operators on all trade finance-related matters.
Manage and negotiate Letters of Credit (LC) formats with counterparties, and ensure the accuracy and timely processing of LC/SBLC transactions (e.g., issuance, amendments, acceptance).
Prepare documents (e.g., invoices, LOI, and other documents) according to the terms and conditions of the export LC.
Review contracts and provide feedback on trade finance-related matters.
Monitor payments and resolve outstanding payment issues with counterparties.
Work closely with internal (i.e., traders and treasury) and external stakeholders (i.e., banks and counterparties) to identify opportunities to reduce working capital.
Optimize the allocation of banking resources across various banks, ensuring effective tracking and utilization.
Assist with KYC processes, facility renewals, account openings, and other operational tasks as required.
Manage reporting for all trade finance activities.
Provide backup support for cash management.
Any ad hoc duties assigned by immediate superior/management.
Requirements
Degree in Accounting/Finance/Banking or equivalent.
Minimum 7 years of relevant experience in handling payments/invoicing/trade finance.
LC knowledge will be an added advantage.
Good interpersonal and communication skills.
We regret to inform you that only shortlisted candidates will be notified.
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