Assist in processing Trade Finance applications, including issuing and advising Letters of Credit, handling Bank-to-Bank Reimbursements, and conducting Export Negotiations.
Perform pre- and post-processing duties such as follow-up, tracking, and closing of outstanding items promptly.
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for our client in the Banking/Investment Industry.
Responsibilities:
Assist in processing Trade Finance applications, including issuing and advising Letters of Credit, handling Bank-to-Bank Reimbursements, and conducting Export Negotiations.
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Keen eye for detail and ability to work under pressure. Proficient in MS Office Open to contract for 6-12 months - renewable!
What We Offer? A highly competitive remuneration package.
An opportunity to interface with cutting-edge technology. An inclusive and collaborative work milieu. A clear trajectory for career advancement and professional growth
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Utilize your expertise in trade finance, specifically related to trading, to optimize trade operations and mitigate financial risks.
Process Trade Finance applications, including issuing and advising Letters of Credit, handling Bank-to-Bank Reimbursements, and conducting Export Negotiations.
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Process Trade Finance applications, including issuing and advising Letters of Credit, handling Bank-to-Bank Reimbursements, and conducting Export Negotiations.
Perform pre- and post-processing duties such as follow-up, tracking, and closing of outstanding items promptly.
Manage and negotiate Letter of Credit formats with trading counterparties, ensuring compliance with local regulations and guidelines.
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Processing trade service & finance transactions, including LC Advising, LC issuance, documents processing, financing for both LC & non LC, and liaise with client for documentary aspects.
Processing accounting entry, reconciliation, and reporting on trade service & finance
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Processing trade service & finance transactions, including LC Advising, LC issuance, documents processing, financing for both LC & non LC, and liaise with client for documentary aspects.
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is committed to achieving sustainable development, contributing to national and global community development, and demonstrating social and environmental responsibilities.
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Ensure compliance with international trade regulations, including UCP 600, ISBP, and Incoterms.
Conduct credit assessments and evaluate the creditworthiness of clients for trade finance facilities.
Collaborate with internal teams, external stakeholders, and financial institutions to resolve trade finance-related issues and ensure smooth transaction flow.
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Ensures compliance of trade documents with the terms and conditions of the LCs. The Successful Applicant Diploma in relevant field At-least 2 years of relevant experience within Trade finance
What's on Offer A permanent opportunity to join a leading foreign bank as a Trade Finance Officer Contact Ginny Teo (Lic No: R22104515/ EA no: 18C9065) Quote job ref JN-052024-6418153 Phone number 65 6541 9926 Page Personnel Recruitment Pte. Ltd.
Singapore River, Central Singapore Community Development Council, Singapore
Growing Energy Player
This is a growing commodity trading house, and they are seeking a dynamic and detail-oriented individual to join their team in Singapore as a Trade Finance Analyst, supporting the end to end scope of trade finance, ensuring efficiency and accuracy in financial transactions.
Trade Finance transactions which include processing of:
Import LC issuances, amendments, acceptances, payments etc.
Export LC advising, confirmation, negotiation, acceptance, negotiation, discounting, if applicable, payment and reimbursement claim.
Guarantees including shipping guarantees, bid and performance bonds, Drawee risks, Bank Refinancing and Risks Participations.
Perform KYC validation and Anti-money Laundering checks on trade finance transactions.
Process payments and other SWIFT messages via Kalipso/SWIFT Alliance.
Send emails/faxes to customers, sorting of documents, matching of SWIFT messages, photocopy of documents and filing duties.
Participate in the bank's digitalization and other initiatives/projects relating to the job scope of the team.
Participate in Business Continuity Plan (BCP) of the Bank in accordance with the BCP procedures and processes.
All other job duties as and when assigned by team leaders, team head or Head, Trade Finance Operations.
Requirements:
3-5 years working experience with back-office end-to-end processing of Commodity Trade Financing transactions.
Reasonable good knowledge of current ICC rules (UCP/ISBP/ISP etc).
Possess good knowledge of Microsoft Word, Excel and Power Point applications.
Interested candidate, please sent your resume in MS Word format to
Philena Tan Jin Mei
Outsourcing Team
Recruit Express Pte Ltd (99C4599)
We regret that only shortlisted candidates will be notified.