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- Posted 28 September 2023
- SalaryS$5000 - S$7500 per month
- LocationSingapore
- Job type Contract
- DisciplineContracting
- Reference268519_1695869943
Foreign Bank - 1 Year Trade Finance (Senior)
Job description
- End-to-end trade finance processing
- Min 5 years of experience with hands on experience in trade finance
- Bank Guarantees knowledge & experience is mandatory
- 1 Year contract / Extendable & Convertible
- Open Budget
Job Responsibilities:
- Mainly dealing with end-to-end processing of trade finance transactions (Import and Export), Trade Loan, Risk Participations and Standby LC/bank guarantees.
- 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.
- Conduct reviews 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.
- Collaborate with internal stakeholders to ensure smooth facilitation of transactions.
- Attends to clients' inquiries, and to observe all related applications and documents presented by clients are in accordance with the Bank's Policy.
- Other ad-hoc duties as and when needed.
Job Requirements:
- Min Bachelor Degree in Banking & Finance or any related qualifications.
- Min 5 years of experience in trade finance related areas under financial institutions
- Experienced in dealing with Bank Guarantees is a MUST
- Knowledgeable in AML/CFT controls is a plus
- Good communication skills and meticulous personality
How to Apply
Interested candidates kindly send your resume over to me at Celine.Lee@ambition.com.sg and attention to Celine Lee (R1982802) with the position title stated above. Alternatively, you may reach out to me via whatsapp at +65 8869 8708
I regret to share that only shortlisted candidates will be notified.
www.ambition.com.sg
EA Registration Number: R1982802
Data provided is for recruitment purposes only
Business Registration Number: 200611680D. Licence Number: 10C5117
If this job isn't quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer SGD1,000 or SGD350 in shopping vouchers for every referred candidate who we place in a role. Terms & Conditions Apply. https://www.ambition.com.sg/refer-a-friend
