Job Responsibilities
- Processing/validate SG/HK/AUS trade commodities transactions (import letter of credit issuance, financing, guarantee issuance, export letter of credit advising, payment)
- Ensure Back-Office processing of transactions and manage Operational risk
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- within acceptable technical risks and in compliance with bank’s rules and operation procedures
- in conformity with conditions of transaction details
- timely and accurately in relevant systems with correct data and posting of entries to P&L accounts
- timely and accurately in all life events including payment, funding and resolution of suspense items
- Monitor payment/acceptance of import/export bills and ensure notice of refusal are sent within time allowed as per documentation
- Perform document checking for both import/export LC documents according to UCP600
- Vetting of LC text and assist client in any queries related to their transactions.
- Perform compliance check and vessel screening
- Review customer applications and clarify with customers on ambiguous terms, if any
- Provide good customer services by maintaining good relationship with external and internal parties
- Perform price reasonable checks on commodity goods
- Acting as a liaison officer liaising with the processing center and coordinate with internal and external client related to all trade related transactions
- Business continuity
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- provide effective back-up for the team
- work closely with other TCF teams wherever necessary
Job Requirements
- Minimum 5 years of Commodity Trade Finance experience
- Well versed in UCP600, ISBP, ISP, Incoterms
- CDCS certification will be preferred
Salary Range: $5,000 - $7,000 Per Month
