Roles & Responsibilities
About the Role :
Our client, a well-established bank with a strong regional and international presence, is seeking a Trade Finance Specialist to join their Operations team. This role manages end-to-end processing of Import & Export Bills transactions to ensure operational compliance, accuracy, and efficiency while supporting customers and contributing to process improvements.
Responsibilities
- To ensure proper processing of Trade Finance transactions according to the procedures set out in the operational manual, thoroughly checking the supporting documents, obtaining approval of transactions, input trade transactions in system, passing the relevant accounting entries if any.
- To process remittance transactions, i.e. MT202, MT103, MEPS008, MEPS009 etc.
- To respond professionally to existing and potential customer’s queries on products and services.
- To keep proper records of trade finance transactions and ensure all transaction documents are filed in order.
- To construct SWIFT messages for relevant Trade Finance products and Services.
- To promptly discuss with or seek advice from superiors regarding handling of exceptions of Trade Finance transactions or any other duties
- To prepare daily reports, monthly report, MAS and adhoc reports of Trade Finance transactions.
- To assist in updating of existing Import & Export Bills Operations Manual.
- To ensure all outstanding or pending transaction are followed up closely.
- Participate for any system enhancement / testing / projects / BCP assigned.
- To retrieve all incoming SWIFT message, record the SWIFT Incoming Register and distribute to appropriate parties actions
- Acknowledgement receipt of IEB incoming SWIFT and distribution of daily transaction.
- Process customer internet banking.
- Perform loan processing / administration duties in fix deposit and corporate loan (syndication / bilateral loan, loan booking, etc.), personal loan, safekeeping of original documents and collaterals.
- Handle and process daily treasury settlement and clearing transactions.
Requirement
Bachelor degree or higher qualificationMinimum 3 years of experience in handling all trade finance products, i.e. L / C , L / G, collections, invoice financing , bill discounting, forfeiting, etcGood understanding and knowledge of AML checking related to trade transactionsAble to process remittance transactions, i.e. MT202, MT103, MEPS008, MEPS009 etc.Basic knowledge of accounting entry and reporting.Must be meticulous, careful, positive and full of responsibilityMature with good communication skills and must be able to work independentlyAbout Us :
Greenlane is a recruiting firm based in Singapore, specializing in banking, trading, tech, and other industries.
EA Licence No. : 20C0261 | Registration No. : R23118854
Tell employers what skills you have
UCP 600
Loan Processing
Treasury
Structured Trade Finance
SWIFT
Letter of credit
Trade Finance
Accounting
Compliance
Remittance advice
Commercial Banking
Banking
AML
Remittances
Trade finance product
International Trade Finance