Documentation and Guarantees Associate

2 weeks ago


Singapore Crédit Agricole Full time $80,000 - $120,000 per year

Summary of the position

  • Processing/validate SG/HK/AUS trade commodities transactions (import letter of credit issuance, financing, guarantee issuance, export letter of credit advising, payment)
  • Vetting of LC text and assist client in any queries related to their transactions
  • Perform document checking for both import/export LC documents
  • Perform price reasonable checks on commodity goods
  • Acting as a liaison officer liaising with the processing center and coordinate with internal and external client related to all trade related transactions

Main responsibilities

  • Ensure Back-Office processing of transactions and manage Operational risk
  • (a) within acceptable technical risks and in compliance with bank's rules and operation procedures
  • (b) in conformity with conditions of transaction details
  • (c) timely and accurately in relevant systems with correct data and posting of entries to P&L accounts
  • (d) timely and accurately in all life events including payment, funding and resolution of suspense items
  • Provide good customer services by maintaining good relationship with external and internal parties
  • Business continuity
  • (a) provide effective back-up for the team
  • (b) work closely with other TCF teams wherever necessary

Main duties details

  • First check and/or counter-check import/export LC documents according to UCP600
  • Review customer applications and clarify with customers on ambiguous terms, if any
  • Ensure transactions are processed in conformity with transaction details
  • Monitor payment/acceptance of import/export bills and ensure notice of refusal are sent within time allowed as per documentation
  • Ensure data and accounting entry input into BO system are accurate
  • Perform compliance check and vessel screening

Legal and Regulatory Responsibilities

  • Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the Singapore Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer/Compliance Officer.
  • Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

Qualification required

  • Minimum 5 years of Commodity Trade Finance experience
  • Well versed in UCP600, ISBP, ISP, Incoterms
  • CDCS certification will be preferred


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