Job Description

Reference: JOB487

Location: singapore, singapore, Singapore

Employer: client of Saitech International

Contact: Bhanu Rajan

Our client is an International commodities trading firm in Singapore. They have an immediate requirement for a Trade Finance Executive

Responsibilities:

1. Handling Letters of Credit:
Review and process Letters of Credit, ensuring compliance with all relevant terms.
Verify and validate accuracy of documents required for Letters of Credit transactions.
Facilitate any necessary amendments to Letters of Credit in collaboration with banks and relevant stakeholders.
2. Preparation of Export Documents:
Prepare and submit accurate export documents in adherence to Letters of Credit and contract terms.
Ensure all documents are complete, accurate, and submitted within specified timelines.
3. Freight Loan Management:
Administer and manage freight loans, including the processing of relevant documentation and communication with financial institutions.
4. Trust Receipts:
Handle trust receipt transactions, ensuring compliance at all times.
5. Export and Import Letters of Credit Verification:
Verify export and import Letters of Credit to confirm accuracy and adherence to contractual obligations.
6. Negotiation of Shipping Documents:
Liaise with banks for the negotiation of shipping documents.
7. Maintenance of MIS:
Maintain accurate records of Letters of Credit- related transactions.
8. Coordination with Buyers and Suppliers:
Collaborate with buyers and suppliers to ensure smooth processing of Letters of Credit and resolve any related issues.
9. Additional Duties:
Undertake any other trade finance- related tasks and projects assigned by Management.

Requirements:
Candidate must possess at least a Bachelor\'s degree in Business, Finance or related field and fluent in English and Hindi to liaise with India office (not mandatory though)
Minimum 5 years of experience in a similar role within the commodities trading industry.
In- depth knowledge of international trade regulations, banking terms, UCP600, and incoterms.
Excellent written and verbal communication skills.
Detail- oriented with a high degree of accuracy in document processing.
Ability to work independently and as part of a team.
Excellent communication skills to be able to manage multiple stakeholders properly

Salary: Upto 6,000 SGD PM (open for discussions)
Work Week: Monday - Friday
Work Hours: 9:00 am - 6:00 pm
Work Location: CBD or Raffles (At Employer discretion)

Interested candidates may email their resume in MSWord format to . Please include detailed work experience,
salary last drawn/expected, notice period, products handled, container or bulk shipment , etc.

Job posted by
Bhanu Rajan
Saitech Intl
EA Regn No: R1106079
MoM Lic : 06C4808

Saitech