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
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
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
