Officer, Trade Finance

ING Group; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading financial institution is seeking an experienced L/C Document Checker to join their Trade Services Department in Singapore. The role involves handling Import and Export letter of credit documents, ensuring compliance, and providing expert advice to customers. Candidates should have 3-5 years of relevant experience and CDCS certification, along with strong communication skills to work effectively with various teams.

Qualifications

• CDCS certified L/C Document checker.
• 3-5 years of experience in handling both Import and Export L/C Documents checking.
• Knowledge of ICC publications and regulatory compliance.

Responsibilities

• Perform 1st and 2nd checks of Import and Export L/C documents.
• Communicate with customers and back office on check status.
• Ensure SLA adherence and propose improvements.

Skills

Effective communication

Teamwork

Attention to detail

Education

Tertiary education

Tools

Microsoft Office

Swift Alliance

Job description

Overall Function:
The incumbent is expected to possess good knowledge of trade finance products, trade workflows and processes in particular handling of cross-border transactions.
This function is in Trade Services Department (TSD) in Singapore with the focus to support. TCF (Trade Commodity Finance) in their L/C Document checking function.

Key Responsibilities:
· Perform 1st and 2nd check (if applicable) of both Import and Export L/C documents
· Communicate & liaise with customers & ING back office on the check status of L/Cdocuments
· Provide professional advice to the customers & internal teams on discrepancy/ies noted
on the documents; fulfilling of terms and conditions in the L/C, and mitigating non-compliance documents presentation after shipment
· Co-ordinate and work efficiently within the team
· Ensure daily tasks are executed as per SLA and Global work instructions and escalate to Team Head/HOD upon identification of deviations or the development of unexpected risk events during the work flow.
· Ensure adherence to ING’s procedures, policy and guidelines at all times.
· Propose areas of improvement in the team for the benefit of the team and other verticals.
· Assist in projects to improve work processes & migrations.

Other responsibilities and daily tasks include the following:
· Provide quality checking and timely service delivery to TCF customers.
· Cultivate team spirit and build up confidence in the new team in their handling of their daily documents checking.
· Continuously exceeding customer expectations: the WOW effect

Qualifications and Skills:
· Acceptable tertiary education.
· CDCS certified L/C Documents checker.
· At least 3 – 5 years’ of experience in handling both Import and Export L/C Documentschecking.
· Microsoft office applications –MS word, excel, power point, access, visio etc.
· Knowledge of Swift Alliance and any main accounting system.
· Knowledge of ICC publications – UCP600, ISBP 821, ISP98, URR725, URC522.
· Knowledge of local region’s regulatory compliance and anti-money laundering
policy.
· Possess effective communication skill to work with the teams and branch offices.
· Preferably with exposure to TCF business.