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Trade Finance Officer

Trade Finance Officer

shinhan bank singapore
2-4 Years
Not Disclosed
  • Posted 6 hours ago
  • Be among the first 10 applicants

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

Job Type:
Industry:
Function:
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Key Skills

AML red-flag checks

Documentary Trade transactions

Advising

Sanction screening

Swift MT

MX messaging

ISBP

Confirmation

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