Associate - Trade Finance Operations - Deal Management

Natixis; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading global financial institution seeks a Trade Finance Operations professional to manage trade finance transactions, ensuring compliance with procedures and regulations. The ideal candidate will have experience in commodity trade and LC bills processing, with a strong attention to detail and team collaboration skills.

Qualifications

• At least 3 years of relevant experience in commodity trade import and LC bills processing.
• Solid understanding of ICC rules and practices.

Responsibilities

• Process daily trade finance transactions including Import LC issuances and Export LC advising.
• Perform KYC validation and Anti-money Laundering checks.

Skills

Attention to Detail

Team Player

Interpersonal Skills

Fluency in English

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Job description

Company Description

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking, and capital markets services to corporations, financial institutions, financial sponsors, and sovereign and supranational organizations worldwide.

Our teams of experts in close to 30 countries advise clients on their strategic development, helping them to grow, transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce their environmental impact.

As part of Groupe BPCE, the second-largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor's: A+, Moody's: A1, Fitch Ratings: A+, R&I: A+).

Job Description

Main Responsibilities:

The incumbent will be part of a team that processes daily trade finance transactions, including:

• Act as Maker for end-to-end trade finance processing of Singapore and Hong Kong Trade Finance activities (SG & HK TFA). Activities include processing: Import LC issuances, amendments, acceptances, payments, etc.; Export LC advising, confirmation, negotiation, acceptance, discounting, payment, and reimbursement claims; Guarantees including shipping guarantees, bid and performance bonds, Drawee risks, Bank Refinancing, and Risks Participations.
• Ensure smooth and efficient execution of BAUs related to trade finance SG & HK TFA activities within the specified time frame and cut-off times.
• Ensure all trade finance transactions are handled and processed in accordance with relevant procedures, rules, and regulations.
• Perform KYC validation and Anti-money Laundering checks on processed trade finance transactions.
• Input transactions into the Trade Finance processing system, generate entries and customer advices, and manage SWIFT messages using Kalipso/SWIFT Alliance. Communicate with customers via email or fax, sort documents, match SWIFT messages, photocopy documents, and maintain filing duties.
• Participate in the bank's digitalization initiatives and other projects related to the team's scope. Contribute to the Bank's Business Continuity Plan (BCP) in accordance with established procedures.
• Perform other duties as assigned by team leaders, the team head, or the Head of Trade Finance Operations.

Required Skills:

• At least 3 years of relevant experience in commodity trade import and end-to-end LC bills processing preferred.
• Meticulous with good knowledge and processing skills of commodity trade LC bills.
• Solid understanding of ICC rules and practices, with knowledge of the latest versions of UCP/ISBP/ISP.
• Good understanding of trade finance due diligence and AML requirements.
• Experience with FBTI is an advantage.
• Strong team player, capable of working in a fast-paced environment.
• Available to work during Singapore public holidays.
• Proficient in Microsoft Word, Excel, and PowerPoint.
• Good attitude and interpersonal skills.
• Fluent in written and spoken English.