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Processing/validate SG/HK/AUS trade commodities transactions (import letter of credit issuance, financing, guarantee issuance, export letter of credit advising, payment); Vetting of LC text and assist client in any queries related to their transactions; Perform document checking for both import/export LC documents; Perform price reasonable checks on commodity goods; Or Act as a liaison officer liaising with the processing center and coordinate with internal and external client related to all trade related transaction
Job Responsibility:
Ensure Back-Office processing of transactions and manage Operational risk within acceptable technical risks and in compliance with bank's rules and operation procedures
Provide good customer services by maintaining good relationship with external and internal parties
First check and/or counter-check import/export LC documents according to UCP600
Review customer applications and clarify with customers on ambiguous terms
Ensure transactions are processed in conformity with transaction details
Monitor payment/acceptance of import/export bills and ensure notice of refusal are sent within time allowed as per documentation
Ensure data and accounting entry input into BO system are accurate
Perform compliance check and vessel screening
Requirements:
Bachelor Degree / BSc Degree or equivalent
Minimum 5 years of Commodity Trade Finance experience