This job offer is not available in your country.

Trade Finance Associate

SHINHAN BANKSingapore

30+ days ago

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 Forfaiting.
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
Carry out any other duties and responsibilities as instructed by the manager

Requirements

Motivated 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

Minimum 2 years of trade finance-related experience.

Minimum Diploma holder or equivalent

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, ISP, and URDG would be a plus

Associate Finance • Singapore