Trade Finance Analyst

KBC Bank & Verzekering; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Singapore is seeking a dependable Trade Finance Analyst to manage trade finance operations. The ideal candidate will have at least 5 years of experience in trade finance, strong attention to detail, and the ability to work under pressure. Responsibilities include processing trade transactions and ensuring compliance with policies. Interested candidates are encouraged to apply by sending their resume.

Qualifications

• Minimum experience of at least 5 years in trade finance operations.
• Good knowledge of trade finance products, UCP, ISP, ISBP, URDG, URC, URR, and Incoterms.
• Knowledge of controls related to Anti-Money Laundering & Terrorist Financing.

Responsibilities

• Be responsible for end-to-end processing of trade finance transactions.
• Review and check workability of LC terms.
• Handle settlements and SWIFT messages for trade finance operations.
• Work with Relationship Managers and customers on transaction enquiries.
• Ensure compliance with policies/SOPs.
• Perform screenings and sanction checks.
• Monitor maturity dates and follow-up with tracers.
• Prepare monthly reports.

Skills

Trade finance operations

Attention to detail

Interpersonal skills

Team player

Job description

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About the job

KBC Bank Singapore provides corporate banking services to companies in Singapore. As part of the KBC group headquartered in Brussels, we have the backing, expertise and resources to deliver value-added solutions to our clients by leveraging KBC’s market-leading networks across Belgium and Central Europe.

The corporate banking unit based in Singapore specialises in managing KBC group relationships in and outside Belgium and Central & Europe. It also offers an invaluable and specialised platform for those companies in Singapore that conduct business with, and in, Belgium and CEE.

We are currently looking for a dependable and self-motivated Trade Finance Analyst to join our Trade Finance Operations team.

To succeed in this role, you should be a good team player with an eye for details. We also expect you to possess positive work attitude, and are able to work well even under time pressure.

Responsibilities

• Be responsible for end-to-end processing of trade finance and trade related financing transactions
• Review and check workability of LC terms
• Handle settlements and SWIFT messages for trade finance operations
• Work in partnership with Relationship Managers and customers as the first point of contact on transaction enquiries
• Ensure compliance with policies/SOPs
• Perform screenings and sanction checks
• Perform documents checking and identify discrepancies/red flags
• Monitor maturity dates and follow-up with tracers
• Prepare monthly reports
• Ensure prompt follow-ups of non-compliance (if any) to prevent recurrence
• Contribute to process improvements/automation initiatives and ad-hoc projects/tasks as assigned
• Any other responsibilities, tasks or projects as requested by the Bank

Requirements

• Minimum experience of at least 5 years in trade finance operations
• Good knowledge of trade finance products, and UCP, ISP, ISBP, URDG, URC, URR and Incoterms
• Positive attitude, good interpersonal skills, good team player for effective working relationship with both internal and external customers
• Knowledge of controls pertaining to Anti-Money Laundering & Terrorist Financing, Customer Data Protection and operational risks

If you are keen to explore the job, please feel free to send your resume to [e-mail]

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance and Sales