Trade Operations Officer

2 weeks ago


Singapore PT BANK RAKYAT INDONESIA (PERSERO) TBK SINGAPORE BRANCH Full time

**Key responsibilities**:

- **Trade Documentation Management**:Handling and verifying trade documents such as letters of credit, bills of lading, invoices, and insurance documents to ensure they are accurate, complete and in compliance with regulatory requirements, bank policies and terms of trade. This may involve coordinating with internal teams, customers, and external parties.
- **Trade Finance Transactions**:Processing and executing trade finance transactions including letters of credit, documentary collections, trade loans, telegraphic transfer and guarantees according to established procedures and guidelines.
- **Team Collaboration**:Liaising with internal and external stakeholders such as relationship managers, credit analysts, trade processing centre and compliance officers to provide timely and accurate information to clients regarding trade transactions and resolving any issues or discrepancies.
- **Regulatory Compliance**:Keeping abreast of regulatory changes and industry developments related to trade finance and ensuring that the bank's trade operations comply with applicable laws, relevant regulations and industry standards.
- **Trade Reporting**:Generating reports and data analysis related to trade finance activities for management reporting, risk assessment, and regulatory reporting purposes.

**Basic requirements**:

- Strong attention to detail and accuracy.
- Minimum 5-year experience in trade related positions.
- Sufficient knowledge of trade finance products, processes and guidelines, including among others, UCP, ISBP, Inco Terms, and URDG.
- Good understanding of regulatory requirements in the banking industry, in the context of international trade, particularly.
- Effective communication and collaboration skills with internal and external parties (good spoken and written English).
- Diploma or Higher qualification in related and/or relevant studies.


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