Trade Finance Processing Specialist (Bank Guarantees & SBLC)

OCBC Bank; Kuala Lumpur; On-site; MYR 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented Trade Finance Processing Specialist to join their dynamic team. This role involves managing bank guarantees and SBLC processes, ensuring compliance with banking regulations, and fostering strong relationships with clients and stakeholders. The ideal candidate will have a solid background in trade finance, excellent communication skills, and a knack for problem-solving. Join a forward-thinking organization that values efficiency and innovation, and be part of a team that drives success in international trade finance operations.

Qualifications

• Minimum 2 years of experience in trade finance processing.
• Familiarity with banking regulations and documentation requirements.

Responsibilities

• Process bank guarantees & SBLC applications ensuring compliance.
• Maintain accurate records and liaise with clients and stakeholders.

Skills

Trade Finance Processing

Bank Guarantees

SBLC

Attention to Detail

Communication Skills

Analytical Skills

Problem-Solving

Education

Bachelor's Degree in Banking & Finance

Bachelor's Degree in Business Administration

Tools

Trade Finance Software

Microsoft Office Suite

Job description

Job Description - Trade Finance Processing Specialist (Bank Guarantees & SBLC) (250000ET)

Trade Finance Processing Specialist (Bank Guarantees & SBLC) - ( 250000ET )

Title: Trade Finance Process Analyst

Description:Trade Finance Processing Specialist (Bank Guarantees & SBLC)

About The Role

We are seeking a highly skilled and detail-oriented Trade Finance Processing Specialist with expertise in Bank guarantees & SBLC to join our Trade Finance Operations team. The ideal candidate will have a minimum of 2 years of experience in trade finance processing, particularly in handling bank guarantees & SBLC, and a strong understanding of international trade practices, banking regulations, and documentation requirements.

The successful candidate will be responsible for the end-to-end processing of bank guarantees & SBLC, ensuring accuracy, compliance, and timely execution while maintaining strong relationships with internal and external stakeholders.

Key Responsibilities

1. Bank Guarantee Processing

• Prepare, review, and process bank guarantee & SBLC applications in compliance with bank policies, regulatory requirements, and international trade standards.
• Verify the accuracy of documentation, including terms and conditions, beneficiary details, and guarantee amounts.
• Ensure timely issuance, amendment, and cancellation of bank guarantees & SBLC.

2. Documentation and Compliance

• Maintain accurate records of all bank guarantee transactions.
• Ensure compliance with internal policies, anti-money laundering (AML) regulations, and Know Your Customer (KYC) requirements.
• Ensure awareness and full compliance of URDG and ISP guidelines
• Collaborate with the compliance and legal teams to resolve any discrepancies or issues.

3. Stakeholder Management

• Liaise with clients, relationship managers, and other internal departments to address queries and provide updates on bank guarantee status.
• Coordinate with correspondent banks and external parties to facilitate smooth processing.
• Identify and mitigate risks associated with bank guarantee transactions.
• Monitor and report on outstanding guarantees, ensuring timely renewals or cancellations.

5. Process Improvement:

• Identify opportunities to streamline processes and improve efficiency in bank guarantee processing.
• Stay updated on industry trends, regulatory changes, and best practices in trade finance.

Qualifications

Key Qualifications:

• Preferably holds a bachelor’s degree in Banking & Finance, Business Administration, or a related field.
• Requires a minimum of 2-3 years of experience in trade finance operations, particularly in bank guarantees and SBLC.
• Should be familiar with trade finance instruments, international trade practices, and banking regulations.
• Must demonstrate strong attention to detail and accuracy in documentation processing.
• Excellent communication and interpersonal skills are essential.
• Proficiency in trade finance software and the Microsoft Office Suite (Excel, Word, Outlook) is required.
• Ability to work effectively under pressure and meet tight deadlines is necessary.
• Strong analytical and problem-solving skills are also important.
• Certification in Trade Finance (e.g., Certified Trade Finance Professional (CTFP) or Certified Documentary Credit Specialist (CDCS) is a plus.

Primary Location

Other Locations

Job

Job

: Trade Finance

Organization

Organization

: MAL E2P - Trade Finance Ops - Hub (HK) (DH)