trade finance executive
4 days ago
Key Responsibilities:
1. Trade Finance
- To process trade finance transactions which includes import LC issuance, LC amendment, export LC advising, Bank Guarantee and collection bills. (i.e. DLC, SBLC)
- To ensure the documents comply with the terms of the LC.
- To ensure all trade transactions are accurately processed/verified in accordance with the customers' instructions and the bank's operational instructions, procedure and policies.
- Assist in allocation of trade to maximize the bank facilities.
- Processing of import loan (Trust Receipt), export bills discounting,
2. Treasury:
- Update current account (C/A) balances and manage term deposits.
- Payment: checking payment requests submitted and processed through online banking or paper forms.
- Ensure accurate and timely settlement of financial obligations (LC, TTR).
- Execute foreign exchange (FX) trades: Selling USD to top-up SGD/VND accounts.
- Generate invoices and processing of cargo payments and other payments.
3. Reporting and Visualization:
- Analyse financial data (revenue, cost, expenses…), business data (quantity, volume…) and generate insightful reports using Excel and Power BI
- Prepare and present business output reports to management.
Qualifications and Skills:
Required Knowledge and Skills:
- Proficiency in Microsoft Excel
- Trade finance documentation
- Understanding of physical commodity trading, particularly Oil.
- Familiarity with trade finance regulations, including UCP600 , ISCC , and OFAC compliance .
Personal Attributes:
- Strong attention to detail and organizational skills.
- Ability to work under tight deadlines and multitask effectively.
- Excellent problem-solving and analytical capabilities.
- Team player with effective communication skills.
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