Operations Associate

7 days ago


Singapore Crédit Agricole CIB Full time $60,000 - $120,000 per year


General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).

8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.

Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.

The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

By working every day in the interest of society, we are a Group committed to diversity and inclusion and place people at the heart of all our transformations. All our job offersare open to persons with disabilities.

For more information, please visit

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By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.   

Reference

Update date

/08/2025

Business type

Types of Jobs - Operations


Job title

Operations Associate (Documentation and Guarantees)


Contract type

Permanent Contract


Expected start date

07/11/2025


Management position

No


Job summary

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.


Geographical area

Asia, Singapore


City


Singapour

Candidate criteria
Minimal education level

Bachelor Degree / BSc Degree or equivalent


Academic qualification / Speciality

Qualification required
Well versed in UCP600, ISBP, ISP, Incoterms
CDCS certification will be preferred


Level of minimal experience

3-5 years


Experience

Minimum 5 years of Commodity Trade Finance experience


Languages

English



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