Responsibilities:
- Handle and authorize LC issuance, amendments, advising, and confirmation.
- Process and authorize shipping guarantees, bank guarantees, and SBLCs.
- Review and process import and export documents (DA/DP), including authorizing acceptance and payment.
- Oversee invoice financing transactions and related payments.
- Manage trade loans, reimbursement finance, and risk participation transactions.
- Process payments for import/export documents, collection documents (DA/DP), OA loans, and invoice financing.
- Ensure all transactions comply with approved terms, conditions, and regulations.
- Process and collect fees for unfunded risk participation and monitor overdue transactions.
- Review weekly trade bills reports, monthly trade finance outstanding reports, and provide necessary updates.
- Liaise with customers and relationship managers regarding trade-related matters.
- Participate in trade and AML-related projects, including system enhancements and user acceptance testing.
- Assist in reviewing and updating policies and procedures related to trade finance and AML.
- Conduct AML name screening for trade and financial transactions.
- Obtain compliance approvals for transactions involving sanctioned countries.
- Perform AML assessments on trade finance transactions and SWIFT messages using the AML system.
Requirements:
- One-year banking experience in trade finance operations.
- Proficient in UCP600, URC522, ISP98, and ISBP: Demonstrated expertise in the Uniform Customs and Practice for Documentary Credits (UCP600), Uniform Rules for Collections (URC522), International Standby Practices (ISP98), and International Standard Banking Practice (ISBP).
- Experience with SWIFT Alliance: Practical knowledge of SWIFT Alliance messaging and operations.
- Strong awareness of anti-money laundering (AML) and counter-terrorist financing (CFT) measures and regulations.
EA License Number: 23C1935 | EA Personnel Number: R1551292
