Be responsible for end-to-end processing of trade finance transactions (Import and Export) and Standby LC/bank guarantees.
Responsible to handle L/C Issuance, Inward and Outward Collection, Collection Bill purchased, Transfer LC, Export LC Advising, LC Negotiation, LC confirmation, Export LC bills discounting, Bank reimbursement etc.
Review and check workability of LC for confirmation to ensure that terms and conditions are acceptable and workable.
Review text/formats for bank guarantees to ensure that terms and conditions are acceptable.
Handle all settlements/preparation of all payments, disbursements of proceeds (MT103/MT202) independently.
Liaise and collaborate closely with internal stakeholders to ensure smooth facilitation of transactions.
Perform system upgrades UAT and participate in systems related activities.
Attends to clients\' inquiries, and to observe all related applications and documents presented by clients are in accordance with the Bank\'s Policy.
Our Ideal Candidate
Degree/Diploma with major in Business, Banking/Finance or Law or Certificate for Documentary Credit Specialists.
Minimum 8 years of relevant hands-on experience in Trade Finance operations within the banking industry especially in checking and processing documentary trade transactions.
Knowledge of UCP rules, ISP 98, ISBP 745, URDG, URC, URR rules and Incoterms rules.
Candidate with CDCS qualification will have an added advantage.
Able to perform document checking.
Analytical, meticulous, willingness to handle regional trade finance processing and able to perform under pressure.
Strong verbal and written communication skills
If you are interested in the role and would like to discuss the opportunity further, please click apply now or email Xann at xlau@morganmckinley.com for more information. Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days, please accept this as notification that you have not been shortlisted. Morgan McKinley Pte Ltd XANN LAU EA Licence No: 11C5502 Registration No: R1658492
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