Trade finance - Assistant Team Lead 12 mths contract
Main Tasks
• 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.
• 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.
• Liaise and collaborate closely 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.
• 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.
• Bills Checker experience. Checking of LC, Check transactions
Salary: $5000 - $7000
Location: CBD
Working hours: 9 am – 6.00 pm mon-fri
Please state your availability, current and expected salary in the resume.
Qualified or interested candidates, please visit our GMP website at www.gmprecruit.com/current_jobs/posting.aspx to apply for this position with GMP Job Code:
23677
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
