Trade Finance

7 hours ago

Raffles Quay, Singapore Sorin Corporation Full time

**Responsibilities**
- Managing day to day bank relationships and utilization and placing transactions with our suite of financing banks.
- Further liaising with the same bank throughout the life of the entire transaction to ensure all concerns and issues are promptly addressed.
- Preparing and/or 2nd checking all necessary trade documents such as bank cover letter, bank drafts, commercial invoice etc to ensure all documents presented is acceptable to banks and counterparties.
- Prepare, pre-check export LC and documents against contract and ILC to ensure compliant presentation.
- Advise necessary amendments/revisions to ensure workability of all trade finance instruments.
- Follow up on export / collection bills discrepancies, acceptance payment and any disputes.
- Liaison with banks for rates on L/C confirmations and discounting
- Understanding of UCP600, URC, ISBP and Incoterms.
- Monitoring of daily cash inflows and outflows to ensure prompt receipts from customers and timely payments to suppliers.
- To ensure timely and accurately process all necessary payments such as cargo, freight, brokerage & warehouse payment to maintain smooth operations process.
- Close liaison with our operators to monitor shipments and ensure correct security is in place before releasing of cargoes and providing timely & accurate finance related cost for MTM updating.
- Liaise with other functional groups including traders, trade execution teams and accounting to resolve execution issue and provide assistance where necessary.
- Make sure each business transaction is properly documented and recorded.
- Undertake additional functions and duties when required.

**Qualification**:

- Fresh graduates are welcome to apply
- Preferably Min Diploma holder with one years of experience in commodities trade finance within a trading house or bank.

**Requirements**:

- Adapt in Microsoft Excel and Words.
- Able to work independently, quick learner and team player.
- Able to commit to objectives in time line set.

**How To Apply**:
**Salary**: $3,200.00 - $3,500.00 per month

**Benefits**:

- Dental insurance

Schedule:

- Day shift
- Monday to Friday

Ability to Commute:

- Singapore 048583 (required)

Ability to Relocate:

- Singapore 048583: Relocate before starting work (required)

Work Location: In person

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