Trade Finance Office

U3; Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A leading financial institution in Singapore is seeking a Trade Finance Officer (Documentary Checker) with 6-8 years of experience in checking Documentary Credit documents. Responsibilities include coordinating with stakeholders, ensuring compliance with operating procedures, and providing customer solutions. The ideal candidate is proficient in UCP600 and has strong judgement skills. Join us to enhance trade solutions in a collaborative environment.

Qualifications

• 6-8 years of experience in Documentary Credit document checking.
• Proficient in UCP600, ISBP, URR725, ISP98, and Incoterms.
• Experience in Structured and Commodity finance preferred.

Responsibilities

• Check documents under Documentary Credit for Import and Export.
• Advise clients on document checking status.
• Coordinate with STMO and others on documents and process flow.
• Perform trade sanctions screening based on Bank Procedures.
• Manage client and stakeholder queries regarding document checks.

Skills

Documentary Credit document checking

Transaction monitoring

Sound judgement

Customer centricity

Job description

Role : Trade Finance Officer (Documentary Checker)

Job Description :

• Checking of documents under Documentary Credit for both Import and Export
• Advise documents checking status to client, whether compliance or discrepant
• Co-ordinate with Processor and or STMO (Structured Trade Middle Office) where applicable on the documents and process flow
• Ensure all transactions and tasks assigned are carried out in accordance with the operating and compliance procedures
• Ensure smooth processing of day to day transactions within stipulated Service Level Agreement
• Perform trade sanctions screening, LLI checks, identifying red flags and escape as per Bank Procedures
• Conduct transaction monitoring, follow-up on end to end process handling for structured deals and provide regular status updates to STMO (Structured Trade Middle Office)
• Address any swift query from Bank pertaining to the documents checked and provide appropriate respond for Processor to reply to the Bank
• Be customer centric and manage effectively from clients and stakeholders on trade technical query and or documentary checking status; Provide solutions and or recommendations
• Participate in assigned UAT and LV for system enhancement and implementation where applicable

Requirements :

• At least 6-8 years working experience within a bank in Documentary Credit documents checking, preferably in the Structured and Commodity finance environment
• Ability to exercise sound judgement on transaction monitoring and escalation of red flags
• Proficient in application of UCP600, ISBP, URR725, ISP98 and Incoterms
• Work cohesively to build alliances and partnerships with Structured Trade Middle Office (STMO), Regional Trade team, Business Units (RM and GTS) and other stakeholders Please refer to U3’s Privacy Notice for Job Applicants / Seekers at https://u3infotech.com/privacy-notice-job-applicants/. When you apply, you voluntarily consent to the collection, use and disclosure of your personal data for recruitment / employment and related purposes.

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