Trade Finance Officer
Trade Finance Officer
shinhan bank singapore- Posted 6 hours ago
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Job Description
Job Description
- Handles the processing and settlement of the full spectrum of Documentary Trade transactions such as Letter of Credit (LC) Issuance, Advising, Confirmation, Negotiation, and Documentary Collections
- Performs document checking against LC terms and related ICC rules
- Handles the processing of various LC-related products such as Transferable LC, Back-to-Back LC, LC Financing
- Handles the processing of other Trade Finance products such as Bill Discounting, Invoice Financing and Forfaiting/Factoring transactions
- Ensures proper documentation of transaction records
- Liaise with customers to provide specialized advice and answer customers queries
- Performs Sanction screening, AML red-flag checks for trade transactions
- Participate in UAT and project as assigned
- Carry out any other duties and responsibilities as instructed by the manager
Requirements
- Minimum 2 years of trade finance experience
- Minimum Diploma holder or equivalent
- Motivated hard working team player who takes initiative
- Meticulous and able to multi-task, and is able to thrive in a fast-paced working environment
- Good communication and interpersonal skills
- Excellent organizational and time-management skills
- Good understanding of Sanctions and Regulatory requirements such as EU, OFAC, UN Sanctions.
- Good working knowledge of UCP, ISBP, URC, URR, Swift MT/MX messaging would be a plus
- Candidates without prior work experience are welcome to apply.
- Proficiency in Korean and English would be an advantage, as the role involves communicating with Korean-speaking clients and stakeholders.
More Info
Key Skills
AML red-flag checks
Documentary Trade transactions
Advising
Sanction screening
Swift MT
MX messaging
ISBP
Confirmation


