Senior Trade Finance Executive

VY SYSTEMS PTE. LTD.; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

VY SYSTEMS PTE. LTD. is seeking an experienced Trade Finance Specialist to manage end-to-end operations including LC, SBLC, and documentary collections within a fast-paced maritime trading environment.

You will review shipping documents, coordinate with banks, ensure AML and regulatory compliance, and guide junior staff while driving workflow improvements and timely submissions.

Qualifications

• Diploma or Degree in Finance, Banking, Accountancy, Business, Economics or related discipline.
• Minimum 5 years of trade finance experience in shipping or maritime industries.
• Knowledge of LC, Documentary Collections, Bank Guarantees, SBLCs and shipping documents.
• Understanding AML, sanctions and banking practices.
• Experience dealing with banks and managing trade facilities.
• Excellent attention to detail and ability to manage multiple transactions.
• Strong written and verbal communication skills.
• Proficient in Microsoft Office; ERP/treasury system experience is an advantage.

Responsibilities

• Handle end-to-end trade finance operations, including Letters of Credit (LC), Documentary Collections, Bank Guarantees and SBLC.
• Review trade and shipping documents for accuracy and compliance.
• Prepare, verify and submit trade finance applications, amendments, drawdowns and supporting documents to banks within required timelines.
• Identify documentary discrepancies and coordinate timely rectification with banks and counterparties.
• Monitor trade finance facilities, limits, utilisation, maturity dates, and financing costs.
• Liaise with relationship banks on transaction processing and facility documentation.
• Ensure compliance with AML, sanctions and regulatory requirements.
• Coordinate with Commercial, Operations, Finance, Legal and Compliance teams on shipping and trading transactions.
• Support cash flow planning and provide visibility on upcoming payments, receipts and financing obligations.
• Guide junior team members and support improvements to trade finance workflows and reporting.

Skills

Written and verbal communication

Attention to detail

Independent working

Multitasking

Education

Diploma or Degree in Finance, Banking, Accountancy, Business, Economics or related discipline

Tools

Microsoft Office

Job description

Job Description & Requirements

Responsibilities

• Handle end-to-end trade finance operations, including Letters of Credit (LC), Documentary Collections, Bank Guarantees and Standby Letters of Credit (SBLC).
• Review trade and shipping documents such as commercial invoices, bills of lading, certificates and insurance documents for accuracy and compliance.
• Prepare, verify and submit trade finance applications, amendments, drawdowns and supporting documents to banks within required timelines.
• Identify documentary discrepancies, assess transaction risks and coordinate timely rectification with internal stakeholders, banks and counterparties.
• Monitor trade finance facilities, limits, utilisation, maturity dates, fees and financing costs.
• Liaise with relationship banks on transaction processing, facility documentation, pricing and operational matters.
• Ensure compliance with internal controls, AML, sanctions and applicable regulatory requirements.
• Coordinate with Commercial, Operations, Finance, Legal and Compliance teams on shipping, bunkering and trading transactions.
• Support cash flow planning and provide visibility on upcoming payments, receipts and financing obligations.
• Guide junior team members and support improvements to trade finance workflows, controls and reporting.

Requirements

• Diploma or Degree in Finance, Banking, Accountancy, Business, Economics or a related discipline.
• Minimum 5 years of relevant trade finance experience , preferably in shipping, bunkering, commodities trading or the maritime industry.
• Strong practical knowledge of Letters of Credit, Documentary Collections, Bank Guarantees, SBLCs and shipping documentation .
• Good understanding of trade finance controls, AML, sanctions and banking practices.
• Experience dealing with banks, managing trade facilities and handling time-sensitive submissions.
• Strong attention to detail and ability to manage multiple transactions independently.
• Good written and verbal communication skills.
• Proficient in Microsoft Office; ERP, treasury or trade finance system experience is an advantage.
• Able to work independently in a fast-paced environment, meet tight deadlines and demonstrate high integrity and accountability.