Trade Finance Manager

Private Advertiser
Singapore
SGD 60,000 - 80,000
Job description

Job Responsibilities

  • Work closely with traders and trade operators on all trade finance-related matters.
  • Manage and negotiate Letters of Credit (LC) formats with counterparties, and ensure the accuracy and timely processing of LC/SBLC transactions (e.g., issuance, amendments, acceptance).
  • Prepare documents (e.g., invoices, LOI, and other documents) according to the terms and conditions of the export LC.
  • Review contracts and provide feedback on trade finance-related matters.
  • Monitor payments and resolve outstanding payment issues with counterparties.
  • Work closely with internal (i.e., traders and treasury) and external stakeholders (i.e., banks and counterparties) to identify opportunities to reduce working capital.
  • Optimize the allocation of banking resources across various banks, ensuring effective tracking and utilization.
  • Assist with KYC processes, facility renewals, account openings, and other operational tasks as required.
  • Manage reporting for all trade finance activities.
  • Provide backup support for cash management.
  • Any ad hoc duties assigned by immediate superior/management.

Requirements

  • Degree in Accounting/Finance/Banking or equivalent.
  • Minimum 7 years of relevant experience in handling payments/invoicing/trade finance.
  • LC knowledge will be an added advantage.
  • Good interpersonal and communication skills.
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