Trade Documentation Executive

Position Summary:

The incumbent will be responsible for the processing export letters of credit and non-LC trade products, preparation of client and management reports and performing various control and miscellaneous functions as assigned. The role-holder is a subject matter expert on letters of credit and document checking and is thoroughly familiar with transactional monitoring and escalation procedures for Trade Finance.

Accountabilities:

- End to end processing of Export Letters of Credit transactions including document checking;

- Conduct transaction monitoring according to MAS guidelines and Bank policies;

-Support other non-LC products: guarantees, trade loans and risk participation's;

-Preparation of client and management reports; Other duties as assigned.

Skills & Requirements:

- Solid experience letters of credit, particularly in document checking; CDCS holder is a plus;

- Sound understanding of UCP and international banking practices;

- Excellent grasp of various SWIFT payment and trade finance message types;

- Knowledge on import L/C processing, collections, guarantees, loan administration and/or risk participations is an added advantage;

- Able to exercise sound judgement on transaction monitoring and escalation of red flags and irregular transactions;

- Proficient in Microsoft EXCEL and WORD;

- Good verbal and written communications skills;

- Strong interest in learning new products and systems;

- Versatile team player, able to work with clients/counter parties and internal stakeholders at various levels.

- Previous experience in commodity trade (Coal, Iron Ore, etc.,) is preferred.