Trade Officer

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

Job summary

BDO Unibank in the Philippines seeks a Trade Operations Counter Signature Officer to oversee the end-to-end processing of trade transactions and ensure compliance with BSP, UCP, and internal policies. The role requires timely approvals, accurate postings, and coordination with account officers.

You will monitor liquidity funding by 2:00 PM, review inquiries from banks and government agencies, and participate in testing and ORM activities across Ortigas, Makati, and Binondo offices.

Qualifications

• Graduate of any four-year Business Course.
• With at least five (5) years experience in Trade related transactions.
• With basic computer knowledge, conversant with UCP, BSP and PPC.
• Good leadership qualities.
• Willing to be assigned in Ortigas, Makati, and Binondo Head Offices.

Responsibilities

• Responsible for the counter signature/approval of all trade transactions ensuring alignment with Account Officers' instructions and export/import requirements.
• Verify proper encoding of details in the Trade System and related systems; ensure compliance with internal/external regulations.
• Review and endorse trade documents, monitor funding timing and inquiries from banks/government agencies.
• Coordinate with IBG or other units to resolve issues; supervise signatories on trade documents; participate in audits and ORM.
• Oversee admin tasks including testing, staff training, and policy updates; ensure proper file maintenance.

Skills

Leadership

Education

Four-year Business Degree

Tools

UCP

BSP

PPC

Job description

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.

A. TRANSACTION PROCESSING [70%]

• 1. Ensures that all Trade transactions/email instructions are processed and approved correctly within an acceptable turnaround time.
• 2. Ensures that details are properly encoded in the Trade System and other related systems.
• 3. Ensures that parties and goods are properly screened.
• 4. Validates and approves Trade System postings, overrides CASA postings in the tellering system, checks DM/CM, manifolds, Manager’s Checks, and billing statements; reviews and checks the Host Total Comparison Report against the transaction log and proofsheet as part of the end-of-day balancing process.
• 5. Verification of client signatures on all Trade related documents.
• 6. Ensures that Trade transactions (Foreign and Domestic) are funded with Treasury Liquidity on or before 2:00 P.M/cutoff time.
• 7. Ensures that all inquiries from Correspondent Banks/incoming messages and government agencies are received and reviewed for proper handling and disposition.
• 8. Coordinates with IBG or other units to resolve issues, if any.
• 9. Signs all trade related documents such as manifolds, shipping docs, etc. Acts as alternate signatory for Trade transactions.
• 10. Ensures that all trade documents received are time stamped and processed within an acceptable turnaround time.
• 11. Ensures that outgoing SWIFT messages are properly routed and approved for dispatch.
• 12. Monitors and accounts for the usage/inventory of Manager’s Checks, if applicable.
• 13. Monitor reconciliation of tellering system, DFFB floats and other related reports.
• 14. Ensures and reviews monthly inventories of related accounts.
• 15. Oversees and ensures the reversal of Accounts Receivable including 2% Creditable Withholding Tax and Accounts Payable.
• 16. Reviews and endorses new and existing clients for build-up in the Trade System.
• 17. Oversees and ensures participation to User Acceptance Testing, necessary requirements for audit and operational risk management (ORM).
• 18. Other tasks that may be assigned from time to time.

B. PLANNING [15%]

• 1. Monitors and proposes System enhancements, revisions to achieve efficiencies and eliminate exception.
• 2. Proposes Business Continuity plans to address critical scenarios.
• 3. Ensures that KRAs and SLA are met.

C. MARKETING/INFORMATION [5%]

• 1. Accompanies Marketing Officers on client calls as maybe requested.
• 2. Conducts Seminars on Trade operations and/or participates in special projects as maybe requested.
• 3. Guides and briefs Marketing Officers, Clients and other units of the bank on the interpretation of BSP, Circulars, Memoranda.

D. ADMINISTRATIVE FUNCTIONS [10%]

• 1. Conducts regular meeting with the Section to discuss and address issues.
• 2. Proposes cross training of staff for career advancement.
• 3. Updates Staff of new policies and procedures of the Bank.
• 4. Accounts for the usage of Bank Invoices
• 5. Coordinates with Security Administrator for maintenance, deletion of User’s ID of staff under his supervision.
• 6. Handles record vault combination with alternate.
• 7. Observes proper turn‑over of FFE.
• 8. Reviews Staff performance periodically.
• 9. Reviews and approves ESS of Staff.
• 10. Ensures that all E-Learnings are acted upon
• 11. Ensures frequent clean-up and culling of files for warehouse.
• 12. Testifies in court as maybe called upon.
• 13. Other duties that may be assigned occasionally.

QUALIFICATIONS:

• Graduate of any four-year Business Course
• With at least five (5) years experience in Trade related transactions
• With basic computer knowledge, conversant with UCP, BSP and PPC
• Good leadership qualities
• Willing to be assigned in Ortigas, Makati, and Binondo Head Offices