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Jobs in Singapore   »   Jobs in Singapore   »   Finance / Banking / Insurance Job   »   Trade Finance Operations (Maker)
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Trade Finance Operations (Maker)

Recruit Avenue Pte. Ltd.

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 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



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