trade and loans operations in Singapore

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job details

posted
location
singapore
specialism
banking & financial services
job type
permanent
reference number
91M0123640_1534223068
contact
emily liu, randstad
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job description

Our client is a small corporate bank and this replacement headcount covers both trade finance and loan processing.

about the company
Our client is a boutique corporate bank and it been established in Singapore for more than 10 years.

about the job
Your day to day responsilibities includes:

Trade Finance Operations

  • Primarily responsible for end-to-end processing of Trade Finance Applications and Documents, LC Reimbursement Authorization and Claims.
  • Other secondary duties include processing Remittance Applications and Payments, Account Opening Applications and Time Deposit Application/Settlement.
  • Ensures that transactions are processed according to approved credit terms.
  • Prepare all outgoing LC & Payment SWIFT messages via Operating System.
  • Point-of-contact for customer enquiries pertaining to trade transactions.
  • Liaise with Relationship Managers for customers’ transaction approvals and any customer issues whenever required.

Loans Operations

  • Responsible for managing loan drawdowns, repricing, rollovers and repayments (bilateral/syndicated).
  • Handles issuance of banker guarantees and standby letter of credits.
  • Ensures that the fees are recognized promptly and accurately.
  • Understand loan/facility agreements and identify key terms that may affect processing of the loans.
  • Work closely with Treasury, RMs/ARMs to ensure that funding is arranged promptly for any drawdowns/repricing/rollovers.

about the manager/team
You will be a part of a small team and reporting directly to Head of Operations.

skills and experience required

  • Degree/Diploma holder with at least 3-5 years of experience in trade finance/loans operations within a bank’s context.
  • Good knowledge of Trade Finance products.
  • Familiar with rules and practices in UCP600, ISBP745, URC522 and other applicable trade finance rules.
  • Knowledge in SWIFT message formats e.g. MT700
  • Professional qualification in CDCS will be an advantage, but not mandatory.
  • Good communication skills

To apply online please use the 'apply' function, alternatively you may contact Emily Liu at 65106505.
(EA: 94C3609/ R1111016 )



skills

Trade finance operation, loan administration

qualification

Diploma or Degree

educational requirements

Associate Degree/Diploma