Trade Officer

BDO Unibank; Makati; On-site; PHP 900,000 - 1,300,000; Full time

Job summary

BDO Unibank, Inc. is seeking a Trade Finance Specialist responsible for counter signature/approval of trade transactions, ensuring compliance with credit proposals and internal/external regulations.

You will review LC/ trade documents, sign SWIFT messages, and coordinate with Account Officers to maintain accuracy and timeliness. The role emphasizes processing accuracy, system verification, and ensuring funding and documentation, with leadership duties to manage the team, training, and adherence

Qualifications

• Graduate of any four-year Business Course.
• With at least five years experience in Trade related transactions.
• Knowledge in UCP, BSP and PPC.
• Willing to be assigned in Makati.

Responsibilities

• Process and approve trade transactions accurately and on time.
• Encode and verify transaction details in systems.
• Screen parties, goods, and documents.
• Validate postings, reports, and end-of-day balances.
• Ensure funding, compliance, and proper documentation.
• Handle inquiries, coordinate with units, and resolve issues.
• Approve and sign trade documents and SWIFT messages.
• Lead the team, manage performance and training.
• Ensure compliance with policies and procedures.

Skills

Trade transaction processing

Leadership

Team management

Regulatory compliance

UCP/BSP/PPC knowledge

Education

Bachelors in Business (4-year)

Tools

SWIFT

Job description

Job Description:

Job Mandate

Responsible for the counter signature/approval of all trade transactions ensuring the following:

• All instructions of the Account Officers are taken up
• In compliance with the terms of the Credit Proposal
• In accordance with all existing internal and external regulations/policies.

Duties and Responsibilities

1. Transaction Processing (70%)

• Process and approve trade transactions accurately and on time
• Encode and verify transaction details in systems
• Screen parties, goods, and documents
• Validate postings, reports, and end-of-day balances
• Ensure funding, compliance, and proper documentation
• Handle inquiries, coordinate with units, and resolve issues
• Approve and sign trade documents and SWIFT messages

Key Areas:

• Letter of Credit (LC): Ensure compliance, complete documents, proper charges, insurance coverage, and reporting
• LC Negotiation: Check documents vs LC terms, collect payments/fees, ensure insurance and compliance
• Trust Receipts (TR): Monitor bookings, payments, maturities, insurance, and reports
• Non-LC Transactions: Process documents, ensure correct booking, charges, and compliance
• Shipside Guarantees: Verify requirements, insurance, charges, and cancellation
• Exports: Review export LCs, transactions, payments, and ensure timely processing
• Final Duties: Process, balance, report collections and remittances accurately

2. Planning (15%)

• Recommend system and process improvements
• Support business continuity plans
• Ensure KPIs and service levels are met

3. Marketing / Information (5%)

• Assist in client meetings
• Conduct trainings or seminars
• Advise on policies and regulations

4. Administrative (10%)

• Manage team, performance, and training
• Ensure compliance with policies and procedures
• Handle records, reports, and system access
• Support audits, meetings, and operational needs

Qualifications Required:

• Graduate of any four (4) year Business Course
• With at least five (5) years experience in Trade related transactions
• With knowledge in Project management, Systems Development, Banking Operations
• With basic computer knowledge, conversant with UCP, BSP and PPC
• With good leadership qualities
• Must be willing to be assigned in Makati

BDO Unibank, Inc. provides equal opportunity to all qualified candidates. Hiring decisions are based on job requirements and candidate qualifications, and shall not be influenced by any consideration of race, color, religion, sex (including sexual orientation and gender identity), national or ethnic origin, or disability.