Trade Finance Officer

ASIA NEXUS INVESTMENT BANK LTD; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A financial institution in Kuala Lumpur seeks a Trade Financial Officer to manage export and import transactions, calculate fees and interests, and liaise with clients regarding letters of credit. The ideal candidate will have experience in trade finance and knowledge of international banking regulations.

Qualifications

• Previous experience in trade finance, ideally working for an International Bank.
• Knowledge of Trade Compliance, ICC rules (UCP, URDG, etc) and MT SWIFT messages.
• Ability to adapt to change in workflows.

Responsibilities

• Manage export and import transactions including L/C advising and issuance.
• Calculate fees and interests for transactions.
• Liaise correspondence related to letters of credit for customers.

Skills

Trade finance experience

Knowledge of Trade Compliance

Attention to accuracy

Analytical skills

Communication skills

Job description

All aspects of export transactions including L/C advising; L/C confirmation, scan documents, and import transactions including: L/C issuance, L/C acceptances, collections such as D/P, D/A, etc. would be great advantages.

Trade related finance solutions such as packing loans, factoring, bills discounting, forfaiting and funded or un-funded risk participation.

Calculate accurately the fees and interests for the relevant transactions.

Liaise correspondence in connection with documentary import and export letters of credit for customers of the Bank in line with agreed procedures

Collate and check documents to ensure compliant with letters of credit terms and conditions.

Proficient checking of payments with appropriate knowledge of SWIFT rules

Timely following up of irregularities with customers

Liaise with clients on matters relating to L/C transactions

Assist Head of Banking Operation in carrying out various trade finance related statistical reports for Management and Head Office.

Make proper registrations to the business as required by the procedure.

All the CDD and AML checking in trade services and other product lines as required by the Bank's policy.

Keep all AML check evidences for audit trail purpose. Must report / escalate for potential positive hit or suspicious transactions in accordance to the Bank's AML policy.

Skills Required:

• Previous experience in trade finance, ideally working for an International Bank
• Knowledge of Trade Compliance, ICC rules (UCP, URDG, etc) and MT SWIFT messages will be important
• Accuracy and able to adapt to change in work flows
• Analysis, planning and organizing
• Teamwork and communication

Application Questions

• What's your expected monthly basic salary?
• Which of the following types of qualifications do you have?
• How many years' experience do you have as a Trade Financial Officer?
• Which of the following languages are you fluent in?
• How would you rate your English language skills?
• Are you willing to undergo a pre-employment background check?
• How much notice are you required to give your current employer?
• Which of the following Microsoft Office products are you experienced with?