Our client, a foreign bank is urgently looking for suitable candidates to join their trade finance team.
Senior Officer, Trade Services Operations
Details of Job responsibilities:
1. Responsible for prompt and accuracy of:
- issuing Import L/C and Amendment.
- processing Export L/C advising/amendment & confirmation
- processing Inward and Outward Collection and settlement
- computing fees on transactions and billing to customers
- processing export bills negotiation/settlement
- processing Bills Discounting/TR Financing/Forfaiting.
- following up on unpaid bills and the outstanding fees
- making payment to customer as per instruction
- reporting on Trade activities.
- handling new tasks as and when required.
- issuing Banker’s Guarantees as and when required.
- assess market prices of goods to find out if further information should be obtained where contract price differs significantly from market price.
- checking of Trade Import / Export Documents either as 1stor 2nd checker
2. Check to ensure that:
- customer's application forms submitted are correctly filled up, checked and signatures duly
verified. Any alterations are chopped and signed by applicant.
- transaction requires bank's commitment must be approved by management before
processing or customer’s limit is available.
- payments for outstanding items are credited to our nostro accounts with good value
- documents, which are settled, scanned and are properly filed
- transaction’s name cleared with no OFAC hit.
- accurately performed Vessel Tracking system.
- funding details thru’ CPS system is correct.
3. Assume new role as new product lines may be added from time to time
4. Improve on the processing of product and to shorten delivery time to customers.
5. Provide quality customer services.
6. Ensure transactions thru’ Eximbills system are correctly inputted and accounting entries
accurately posted.
7. Comply to branch policy, procedure and regulation on: KYC, AML, CFT and GRC at all times.
8. Job Scope as listed in appendix enclosed.
9. Comply with all the internal policies and procedures as well as the relevant laws and regulations.
EA License No. 16S8296 • EA Personnel Registration No. R21102756
