Job Description

Trade Finance Operations Officer

12 months contract

Main Tasks

• 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.

• Perform compliance and other checks on trade transactions in line with Anti-Money Laundering Guidelines, Terrorist Financing and Sanctions Regulations and other internal policies.

• Be responsible for end-to-end processing of trade finance transactions (Import and Export), Trade Loan, Risk Participations 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 and etc.

• Liaise and collaborate closely with internal stakeholders to ensure smooth facilitation of transactions.

• Attends to clients\xe2\x80\x99 inquiries, and to observe all related applications and documents presented by clients are in accordance with the Bank\xe2\x80\x99s Policy.

• Any other ad-hoc duties as assigned.

Required Skills

• Degree/Diploma with major in Business, Banking/Finance or Law or Certificate for Documentary Credit Specialists.

• Minimum 5 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.

• Candidates with good knowledge of controls pertaining to AML/CFT and other regulatory requirements.

Salary: $5000 - $7500

Location: CBD

Working hours: 9am \xe2\x80\x93 6pm mon-fri

Please state your availability, current and expected salary in the resume.

Tel: 6233 0450

WA: 87555290

Bryan Huang (R22104680)

We regret that only shortlisted candidates will be notified.

GMP Technologies (S) Pte Ltd | EA Licence: 11C3793 | Bryan Huang | Registration No: R22104680

GMP