Bills & Trade Operations Executive (LCs, Collections & Guarantees)

Roles & Responsibilities

Job Summary

Join the trade operations team of a reputable international bank as a Bills Officer, where you will drive efficient processing and support of diverse trade finance transactions, ensuring compliance and accuracy in Letters of Credit, collections, and bank guarantees.

Responsibilities

• Process Letters of Credit by advising, amending, re-advising, and transferring to support trade finance transactions
• Manage inward and outward collections, disbursements, and negotiations to facilitate smooth trade settlements
• Verify trade documents for accuracy and compliance to ensure adherence to regulatory and internal standards
• Handle acceptance, payments, trust receipts, and banker guarantees to maintain transaction integrity
• Execute trade-related loan drawdowns and discounting to support client financing needs
• Perform journal entries and assist with month-end reporting to maintain accurate financial records
• Conduct compliance checks on sanctioned countries, vessels, trade routes, and counterparties to mitigate risks
• Participate in system enhancement initiatives, including User Acceptance Testing (UAT) and related projects, to improve operational efficiency
• Communicate effectively and coordinate with internal teams and external stakeholders to ensure seamless trade operations
• Work independently with meticulous attention to detail and demonstrate self-motivation to meet deadlines

Required competencies and certifications

• Hands-on experience of 1–3 years in Trade Finance operations
• Solid understanding of UCP600, ISBP745, and ISP98 rules governing trade finance instruments
• Skilled in vetting trade documents to ensure compliance and accuracy
• Experience with Letters of Credit issuance processes

Preferred competencies and qualifications

• Certified Documentary Credit Specialist (CDCS) certification is an added advantage
• Familiarity with system enhancement initiatives, including UAT and related projects

Other Information

• Employment Type: Permanent, Full-time
• Location: CBD, Singapore

Tell employers what skills you have

Letters of Credit
Vetting
Journal Entries
Import
Attention to Detail
Banking
User Acceptance Testing
Bills Collection
Team Player
Import Export
Able To Work Independently