Trade Finance Specialist

  • Job Ref.No: 01151942
  • Budget:
  • Timeline: to be confirmed later
  • Closing on: 14/06/2020
  • Country: Singapore
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Job Description

Manage daily Trade Finance transactions authorization (Import/Export/SBLC issuance) Allocate and Distribution Ready-to-process transactions to respective processors at beginning of day Establish duty rosters for processors and authorizers Be customer centric and manage daily work flow to meet and exceed client expectations Provide solutions and or recommendations on trade finance matters Responsible for identifying and making right decisions to resolve operational issues and ensure timely escalation Ensure all transactions and tasks assigned are carried out in accordance with the operating and compliance procedures Ensure day to day transactions are processed and authorized within stipulated Service Level Agreement Ensure assigned Officers duties are duly performed E.g. Daily Reports, IMB Reporting, Swift messages and others Work closely with STMO, BU, GTS and other stakeholders on the daily transactions Provide guidance and training to staff to ensure Department SOP, Bank's policies and guidelines are strictly adhered to Monitor and perform controls on entries reconciliation, investigation and follow-up on ad-hoc matters Timely escalation of operational risks incidents Identify areas to improve quality, productivity and efficiency Achieve to meet Goals Setting (KPI) Participate in ad-hoc projects and ensuring that the assigned tasks are completed within stipulated time frame Participate in assigned UAT and LV for system enhancement and implementation
Job Requirement
Degree holder from a recognized University Minimum 5 years working in Trade Finance Operations within a bank, with at least 2 years of experience in authorization, preferably in the Structured and Commodity Finance environment covering all Trade Finance products (Import/Export/SBLC issuance) Good working attitude and positive mindset Strong interpersonal and communication skills with the ability to adapt to the changing needs of the organization and demands of both internal and external stakeholders Have extensive knowledge in Trade Finance products and regulatory sanction requirements Ability to work effectively and independently as an individual as well as in a team Ability to coach and guide team to ensure SOP, Bank's policies and guidelines are adhere to Ability to review policies and procedures and identify areas for improvement Ability to exercise sound judgement on transaction monitoring and escalation of red flags Strong logical and problem-solving skills Conversant & competent in application of UCP600, ISBP, URC522, ISP98, URR725 and Incoterms Proficient in SWIFT messages such as MT7xx, MT4xx, MT202 and MT103 Work cohesively to build alliances and partnerships with Structured Trade Middle Office (STMO), Regional Trade team, Business Units (RM and GTS) and other stakeholders

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This job ad was updated on 31/05/2020 at https://www.freelancezone.com.sg/full-time-job/1023310150301151942/trade-finance-specialist.html. FreelanceZone.com.sg does not charge any fee or take any commission for finding and applying jobs.
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