Avp, Banker’s Guarantees

1 week ago


Singapore SEARCH ALLY PTE. LTD. Full time

**Responsibilities**:

- To perform the role of Checker/Authorizer for Banker’s Guarantees (BG) activities.
- Vet BG text and provide technical expertise to Front Office, internal Legal counsel and clients, where applicable.
- Provide guidance to processing team in BG issuance, amendment, claims and booking in back-office systems
- Ensure prompt and timely processing of BGs according to the SLA with clients and/or Front Office

Covering team leaders as and when required and acting as Checker/Authorizer for the following Singapore and Hong Kong trade finance activities:

- Import LC issuances, amendments, acceptances, payments, etc.
- Export LC advising, confirmation, negotiation, acceptance, negotiation, payment and reimbursement claim.
- Supervise and provide guidance to team members in ensuring smooth and efficient execution of BAUs relating to both SG & HK (if required) TDM transactions within the specified time frame and cut-off time.
- Ensure all SG & HK (if required) TDM transactions are duly handled and processed in accordance with the relevant procedure manual, rules and regulations.
- Daily monitoring of maturing SG & HK (if required) TDM bills/loans, if applicable, to ensure that all bills/loans are duly settled/roll-over on maturity date.
- Daily monitoring of nostro statements and funding positions to ensure that all incoming and outgoing nostro positions are duly applied and funding positions are duly reported to treasury.
- Monitor and control the holding/release of original shipping documents at the instruction and direction of Trade Finance Operations - Collateral Risk Management team (TCRM).
- Monitor and co-ordinate with TCRM in obtaining timely approval for SG & HK (if required) TDM transactions.
- Perform daily tracking of TFA transactions processed.
- Perform daily monitoring of the Service Level Agreement (SLA) conduct weekly or monthly, whichever is applicable, Quality Analysis (QA) of the transactions.
- Communicate and co-ordinate with Front Officers, HK, & other SG TDM teams and Branch’s clients for all TDM transactions.

**Requirements**:

- At least 6 years of relevant experience in managing Banker’s Guarantee activities in a bank.
- Possesses good knowledge of latest ICC rules and practices of URDG & ISP.
- Has good understanding of trade finance due diligence/AML requirements.
- Preferably has experience in leading a processing team in trade finance operations in the bank.
- Good team player and work well in fast pace working environment.
- Good attitude and interpersonal skills.

SEARCH ALLY PTE LTD | [EA License Number] 18C9289 | [Registration Number] R155129



  • Singapore MUFG BANK, LTD. SINGAPORE BRANCH Full time

    **Responsibilities**: - Responsible for the administration and issuance of various types of Banker’s Guarantee and Standby Letter of Credits - Responsible for preparation of H.O. / regulatory reports - Liaison with customers, RMs, middle/back offices, overseas branches, correspondent banks etc **Job Requirements**: - Minimum 1 year of related experience...


  • Singapore CITICORP INVESTMENT BANK (SINGAPORE) LIMITED Full time

    Roles & ResponsibilitiesAt Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or...


  • Singapore CITICORP INVESTMENT BANK (SINGAPORE) LIMITED Full time

    Roles & ResponsibilitiesAt Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or...


  • Singapore CITICORP INVESTMENT BANK (SINGAPORE) LIMITED Full time

    Roles & ResponsibilitiesJob DescriptionAt Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations,...


  • Singapore CITICORP INVESTMENT BANK (SINGAPORE) LIMITED Full time

    Our MissionCiticorp Investment Bank (Singapore) Limited is dedicated to delivering exceptional client service, leveraging our global network, and driving growth through innovative solutions. We strive to create a workplace culture that values diversity, inclusivity, and employee empowerment, fostering a collaborative environment where professionals can...


  • Singapore DBS Bank Limited Full time

    Job DescriptionThe role focuses on the processing and administration of Banker's Guarantees, leveraging emerging technologies to enhance efficiency and accuracy.Responsibilities:Process and administer a high volume of Banker's Guarantees, ensuring accuracy and compliance with internal policies and regulatory requirements.Communicate effectively with internal...

  • Analyst

    2 weeks ago


    Singapore DBS Bank Limited Full time

    Business Function Group Operations enables and empowers the bank with an efficient, nimble, and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group Operations, we manage the majority of the Bank's operational processes and inspire to delight our business partners...

  • Private Bank

    2 weeks ago


    Singapore Deutsche Bank Full time

    **Private Bank - Client Service Executive, SEA, AVP**: **Job ID**:R0354782**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-10-14**Location**:Singapore**Position Overview**: **Details of the Division and Team** Deutsche Bank’s Private Bank business is one of the largest wealth managers worldwide. We offer our clients a broad range...


  • Singapore CITICORP INVESTMENT BANK (SINGAPORE) LIMITED Full time

    Roles & Responsibilities At Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or...


  • Singapore CITICORP INVESTMENT BANK (SINGAPORE) LIMITED Full time

    Roles & ResponsibilitiesAt Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or...


  • Singapore CITICORP INVESTMENT BANK (SINGAPORE) LIMITED Full time

    Roles & ResponsibilitiesAt Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or...

  • Insurance Executive

    2 weeks ago


    Singapore RECRUIT EXPERT PTE. LTD. Full time

    Handle clients' enquiries and provide insurance advice on quotations, renewals and other requests. - Identify the clients’ insurance needs and prompt delivery of solutions. - Maintain close relationship with existing clients and develop new business opportunities. - Process **commercial insurance claims **and prepare documents related to transacted...


  • Singapore Deutsche Bank Full time

    **Details of the Division and Team**: **What we will offer you**: A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center. **You can...


  • Singapore THINK ONE LEASING PTE. LTD. Full time

    ResponsibilitiesManage a diverse range of tasks, including GST and CPF Reporting, Calculation of Costing, Leasing Quotes, Vehicle Quotes, LC and Bankers Guarantees issuance.Assist in SA and PA creations, Banking Facilities maintenance, and reports required by Bankers.Train and guide staffs on Zsoft system usage procedures, provide feedback on system...


  • Singapore Bank of Singapore Full time

    Bank of Singapore SingaporePosted 2 hours ago Permanent Competitive - Trust Relationship Manager (Manager / AVP) - At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on...


  • Singapore PARADIGM RECRUITMENT PTE. LTD. Full time

    **Our Client** Well-known International Bank **Highlights - Handling end to end trade finance processing duties for both Import and Export - Processing of trade loan, risk participants, SWIFT and standby LC guarantees - Performing of KYC validations on trade finance transactions - Responsible for inward/outward collection, transfer LC and LC negotiation -...


  • Singapore BANK OF AMERICA,NATIONAL ASSOCIATION Full time

    Job DescriptionKey Responsibilities:Manage both the Trade Client Services team and the Middle Office TeamsSupport Function and Branch led initiatives and projectsEnsure governance process and procedures are updated and adhered toHold regular check-in and reviews with Business Partners and Branch Ops headProduct Responsibilities:Banker's Guarantees: Reviewing...


  • Singapore NEA National Environment Agency Full time

    [What the role is] The Waste Infrastructure Management Department (WIMD) under the Waste Infrastructure Operations & Management Division (WIOMD) oversees the availability of national waste disposal and incineration capacity, manages private waste facilities, waste disposal accounts and revenue collection by the Waste-to-Energy (WTE) plants and Tuas Marine...


  • Singapore BANK OF CHINA LIMITED Full time

    Job Responsibilities: - To handle Secondary Forfaiting transactions including the monitoring process. - To process Banker Guarantees transactions. - To process collaborated trade loans and export LC advising - To process Supply Chain transactions such as Account Receivable financing, pre-shipment financing and import/export factoring. - To relief Commodity...

  • Finance Executive

    2 weeks ago


    Singapore RECRUIT EXPERT PTE. LTD. Full time

    Assist Trade Finance including preparation and submission to bank of Standby Letter of Credit (SBLC) /Bankers guarantee (BG) / Import/Export Letters of Credit etc - Manage accounting functions for entities (AR) and GST filing - Compiling weekly and monthly bank reports and facilitating communication with banks concerning diverse payment and transaction...