Trade Finance Manager (Maritime Industry)
persol apac- Posted 2 hours ago
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Job Description
Responsibilities:
- Handle end-to-end trade finance operations, including letters of credit, documentary collections, bank guarantees and standby letters of credit.
- Review letters of credit and trade documentation, including commercial invoices, bills of lading, certificates and insurance documents, to ensure accuracy and compliance with contractual and banking requirements.
- Prepare, check and submit trade finance applications, amendments, drawdowns and supporting documents to banks within required timelines.
- Identify documentary discrepancies, assess transaction risks and coordinate timely rectification with internal stakeholders, banks and counterparties.
- Monitor trade finance facilities, limits, utilisation, maturity dates, fees and financing costs, and maintain accurate transaction trackers and records.
- Liaise with relationship banks on transaction processing, facility documentation, pricing and operational matters.
- Ensure transactions comply with internal approval authorities, maker-checker controls, AML, sanctions and other applicable regulatory requirements.
- Coordinate closely with Commercial, Operations, Finance, Legal and Compliance teams on shipping, bunkering and trading transactions.
- Support cash flow planning by providing visibility on upcoming payments, receipts, financing obligations and facility availability.
- Guide junior team members, prioritise urgent transactions and review work for accuracy and completeness.
- Assist in improving trade finance workflows, templates, controls and reporting processes.
- Perform other duties and ad hoc assignments as required.
Job Requirements:
- Diploma or Degree in Finance, Banking, Accountancy, Business, Economics or a related discipline.
- At least 5 years of relevant trade finance experience, preferably within the shipping, bunkering, commodities trading or maritime industry.
- Sound practical knowledge of letters of credit, documentary collections, bank guarantees, standby letters of credit and shipping documents.
- Good understanding of trade finance controls, sanctions, AML requirements and common banking practices.
- Experience dealing with banks and managing trade facilities, transaction documentation and time-sensitive submissions.
- Strong attention to detail with the ability to identify discrepancies and manage multiple transactions independently.
- Good written and verbal communication skills, with the ability to coordinate effectively across internal departments and external parties.
- Proficient in Microsoft Office; experience with ERP, treasury or trade finance systems is an advantage.
- Able to work independently in a fast-paced environment and meet tight deadlines with a high level of integrity and accountability.
Interested candidates who wish to apply for the advertised position, please click on Apply Now. We regret that only shortlisted candidates will be notified.
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More Info
Key Skills
shipping documents
AML requirements
trade finance controls
trade finance systems
bank guarantees
standby letters of credit
sanctions
banking practices
transaction documentation
