Letter of Credit Specialist

Holcim Trading; Singapore; Hybrid; SGD 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid work contract

Family support

Professional growth

Discounts and perks

Long-service awards

Employee referral bonus

Pension and savings

Job summary

Holcim Trading & Shipping in Singapore seeks a Letter of Credit Specialist to act as the subject-matter expert for LC, Standby LC, and related guarantees. You will partner with Trading Operations to ensure smooth import/export LC processing and control.

The role follows a 1 PM–10 PM Singapore time schedule on select days. The ideal candidate has 5+ years in trade finance/LC operations with international exposure, strong English, and a customer-focused approach.

Qualifications

• Commercial degree in finance or banking, international trading, shipping, logistics.
• Experience in LC operations with international trading company or financial institution.
• Strong understanding of trade finance products and regulatory frameworks.

Responsibilities

• Guide and support Trading Operators for LC, Collection and Trade Finance transactions.
• Enable issuance of Standby and Commercial LC upon proper approval and documentation.
• Review Export LC drafts and ensure compliant presentations.
• Explain LC terms and train stakeholders on LC matters.
• Drive integration and use of AI in LC processes.

Skills

Trade finance

LC operations

Analytical skills

Attention to detail

Independent worker

Education

Finance or banking degree

International trading knowledge

Tools

LC platforms

Trade finance systems

Job description

Location: Singapore, SG, 189721. Requisition ID: 19470.

Holcim is the leading partner for sustainable construction, creating value across the built environment from infrastructure and industry to buildings. Headquartered in Zug, Switzerland, Holcim has more than 48,000 employees in 45 attractive markets - across Europe, Latin America, Asia, Middle East & Africa. Holcim offers high-value end-to-end Building Materials and Building Solutions, from foundations and flooring to roofing and walling - powered by premium brands including ECOPlanet, ECOPact, and ECOCycle®. Find out more at www.holcim.com

Letter of Credit Specialist

Holcim Trading & Shipping (HT&S) is the trading arm of Holcim Group, the world leader in innovative and sustainable building materials. HT&S is specialized in meeting the needs of customers and suppliers around the world through a unique portfolio of products and services provided from offices in Zurich, Singapore and Miami. HT&S is a leading international trader and seaborne logistics operator who delivers, through a team of dedicated specialists, solutions for the seaborne import and export of raw materials and finished goods both to Holcim Group companies as well as to third party businesses.

Role Overview

We are hiring for a Letter of Credit Specialist team to join our trading office in Singapore. The Letter of Credit Specialist is the subject matter expert for all Letter of Credit (LC), Standby LC and guarantee topics of HT&S and reports to the Head of Treasury & Insurance. Key responsibilities are the operational excellence of import and export LC partnering with the Trading Operations team for a seamless process. You will be asked to work from 1PM to 10PM Singapore time on a few days of the week.

The LC Specialist Ensures

• Submission of LC applications via relevant bank trade finance platforms,
• Implementing controls for mitigation of any risks related to LC
• Tracking the proper execution of LC
• Training internal stakeholders in LC matters

Main Responsibilities

Business objectives:

• Guide and support Trading Operators for the day-to-day processing of LC, Collection and Trade Finance transactions
• Enable issuance of Standby and Commercial Letter(s) of Credit upon proper approval/receipt of required application documentation
• Review of Export LC drafts
• Examine documents to be presented under all types of LC for compliance to terms and conditions targeting clean presentations
• Counsel stakeholders on technical aspects of trade finance products/processes
• Drive the integration and use of AI in the day to day LC processes
• Enable Trading Operators for the input of the transactions into the relevant bank trade finance platforms
• Review LC documents for inconsistencies, advise the rectification of discrepancies where needed
• Foster communicate with Trading Operators regarding LC terms and conditions
• Maintain the LC process (Operating Model) in collaboration with Treasury and Operations team
• Train the Organization on LC matters

Risk management

• Ensure adherence to the Holcim Code of Business Conduct, Trading and Shipping policies and all relevant Holcim policies
• Protection of the Holcim Group reputation and brand value for relevant seaborne trading activities
• Anticipation, mitigation and resolution of trade incidents under the Trading team's guidance, providing suggestions on mitigations strategies
• Alerts to the Head of Treasury, TO Team Leaders and/or relevant Trading Operators and Traders in case of material risk, deviance from the delegation of authority or any risk of breach of applicable Policies, in line with HT's segregation of duties.
• Strict compliance with the Operation Operating model (process, tools etc)

Profile Required

• Commercial degree in finance or banking, international trading, shipping, logistics, freight forwarding or similar education and experience.

Experience

• Minimum 5 years of experience in trade finance / LC operations with an international trading company or with a finance institute.

Knowledge And Skills

• Excellent understanding of international seaborne trading and maritime regulations and logistics
• Knowledge of Trade Finance tools (LC, documentary collection, payment terms and payment instruments) and rules (UCP 600, ISP98, URDG 758)
• Good customer service, communication and interpersonal skills to interact effectively within the department, traders, banks and customers / suppliers
• Good analytical and problem-solving skills
• Must be detail-oriented and accurate in a deadline-driven, multitask-oriented environment
• Ability to work independently.

Languages

• Excellent English, written and spoken

Benefits

• Hybrid work contract
• Family Support: Subsidized child care and paid maternity/paternity leave
• Professional Growth: Company-sponsored training and professional development.
• Discounts and Perks: Subsidized meals, exclusive discounts, and company gifts for special occasions.
• Long-service awards
• Employee referral bonus
• Pension and Savings: Access to a comprehensive pension fund and an employee savings scheme.

Holcim is committed to a diverse and inclusive workplace. We support equal opportunities for everyone, regardless of race, national origin, gender, sexuality, disability, or age.

Important Notice: Holcim recruiters only contact candidates via official @[holcim.com] email addresses. We do not use Gmail or any other non-Holcim domains to conduct recruitment processes. Please verify the sender address before responding.