Trade Finance Operations, Associate | Singapore, SG | In-Office

BBVA; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

BBVA Singapore is looking for a Trade Finance Operations Associate to join their Operations Middle Office team. This role involves handling customer inquiries, processing trade finance documents, and ensuring compliance with Singapore banking regulations. Ideal candidates will have significant experience in trade finance and possess strong communication skills.

Qualifications

• 6 - 8 years hands-on experience in Trade Finance.
• Experience in Loan administration.
• Knowledge of UCP600 & ISBP.

Responsibilities

• Handle customer inquiries regarding trade finance transactions.
• Process loan drawdowns and remittances.
• Prepare reports for regulatory purposes.

Skills

Communication

Interpersonal Skills

Customer-oriented

Organizational Skills

Education

Bachelor Degree or Diploma in Banking / International Trade / Business Administration / Finance

Job description

Trade Finance Operations, Associate

BBVA Singapore Apply now Posted 1 day ago In-Office Job Permanent competitive

Work in the Operations Middle Office team in Singapore which handles predominantly Trade Finance, Guarantees, Loans and some Remittances;

Key Responsibilities

• To handle customer enquiries regarding mainly trade finance transactions; liaise with counterparties regarding documents’ discrepancies after checking by Hub/ back office.
• Remit Trade Finance documents and processing of loans (mainly trade-related loans);
• Review of Midas system transactions and reconciliations after input by Hub;
• Funding for loan drawdown and rollover;
• Prepare instructions for Loans/Guarantees/Trade Finance for input by Hub;
• Setup/ create customer record in Midas and input all authorized signatories/ directors/ beneficiary owners;
• Download SWIFT AMH messages;
• Perform market price checks and enquiry in Trade Finance Registry;
• Check account opening forms and documents;
• Handle remittances & provide month-end bank statements to customers;
• Follow up un-reconciled Nostro items with counterparties;
• Prepare reports required for regulatory or internal purpose;
• Handle audit confirmation requests from customers;
• Assist on World-check and FIRCO checks as and when required;
• Assist on other duties/ reports or back-up functions as assigned by the Head of Production Management.

Qualification & Experience

• At least 6 - 8 years hands-on experience in Trade Finance;
• Experience in Loan administration;
• Bachelor Degree or Diploma in Banking / International Trade / Business Administration / Finance or similar.

Knowledge & Skills

• UCP600 & ISBP knowledge required.
• Able to handle full set of Import/ Export documents including LC and all related document checking, financing, discounting, advising, collection, SBLC etc.
• Good knowledge and familiarity with Singapore banking regulations/ practices and regulatory reporting requirements.
• Experience with transition to new system or project handling will be advantageous.

Language

• Fluent in written and spoken English. Ability to converse in Mandarin is preferred.

Other Skills (e.g. Interpersonal, Communication etc)

• Strong interpersonal and communication skills;
• Customer-oriented;
• Well-organized and meticulous/ keen eyes for details;
• Self-motivated and ability to work in a multi-cultural environment;
• Strong team player with ability to work independently;

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