Trade Finance Officer

Newbridge; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

An international financial institution in Singapore is seeking an experienced Trade Finance Officer to manage trade finance transactions and credit applications. The ideal candidate should have at least 3 years of experience, strong knowledge of trade finance products, and excellent communication skills in English and Mandarin. This role involves maintaining client relationships, ensuring compliance, and preparing credit documentation.

Qualifications

• Minimum 3 years of experience in trade finance.
• Strong understanding of credit applications and market analysis.
• Ability to communicate in Mandarin for Chinese clients.

Responsibilities

• Manage trade finance transactions and credit applications.
• Maintain relationships with clients and financial institutions.
• Prepare necessary credit documentation for approval.

Skills

Trade finance products knowledge

Corporate business understanding

Excellent English communication

Good interpersonal skills

Familiarity with UCP, ISP 98, URC regulations

Job description

We are seeking an experienced Trade Finance Officer to join our client's team, responsible for managing trade finance transactions, credit applications, and client relationships.

Key Responsibilities

• Establish and maintain close relationships with potential and existing clients, including corporate customers, our clientsbranches, and other financial institutions
• Implement marketing plans, new deals, and products initiated by the Department Head
• Prepare and present new credit applications with credit and market analysis to the credit committee
• Prepare credit reviews, renewals, and memoranda for existing clients
• Prepare and submit all necessary credit applications and relevant documentation to Head Office for approval
• Provide portfolio management for existing facilities, ensuring complete compliance with KYC, AML, and terms of approval in the bank's credit policy
• Act as the main liaison point between external clients and internal departments for clients' business requirements and queries
• Raise day-to-day new trade transaction approvals
• Prepare month-end reporting for management and Head Office
• Participate in ad-hoc projects in the Bank as assigned by the manager

Requirements

• At least 3 years of working experience in the related field
• Sound knowledge of trade finance products and corporate business
• Excellent written and communication skills in English and Mandarin (to liaise with Chinese clients and Head Office)
• Possess good interpersonal skills and a pleasant disposition
• Familiarity with UCP, ISP 98, and URC regulation