Trade Finance Senior Officer

KRUNG THAI BANK PUBLIC COMPANY LIMITED; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

KRUNG THAI BANK PUBLIC COMPANY LIMITED is seeking a Trade Finance Senior Officer for its Trade Finance Department in Singapore. The role focuses on back-office processing, document examination, settlement, compliance, and accurate record-keeping for all trade products in line with AML/CFT policies and internal controls.

You will manage LC/SBLC and documentary collections, handle cross-border remittances, and support reporting and process improvements within a structured Maker/Checker workflow.

Qualifications

• High attention to detail and strong risk awareness; ability to meet deadlines.
• Excellent communication and interpersonal skills; capable of collaborating within a team.
• Experience in end-to-end trade finance operations and AML/CFT screening.
• Familiarity with sanctions checks and regulatory compliance tooling.

Responsibilities

• Manage full lifecycle of LCs, SBLCs, guarantees, and documentary collections.
• Process trade financing activities, including negotiation, discounting, and post-shipment finance.
• Handle SWIFT messages and settlements; perform reconciliations with ledgers.
• Review documents against UCP 600, URC 522, and LC terms; resolve discrepancies.
• Conduct sanctions and AML screening and maintain audit trails.
• Provide status updates and coordinate with Compliance and other departments.

Skills

Attention to detail

Risk awareness

Communication skills

Team collaboration

Independent work

Education

Diploma or higher in Banking, Finance, Business Administration, or related fields

Tools

World-Check One

SWIFT MT/MX messaging

Job description

The Bank is looking for a Trade Finance Senior Officer in the Trade Finance Department. This is a back-office function that handles end-to-end processing, document checking, settlement, compliance, and record-keeping for all trade products-strictly following regulatory compliance related to AML/CFT and bank policies and procedures.

Transaction Processing

• Manage full lifecycle of LCs, SBLCs, guarantees, and documentary collections (issuance, advising, confirmation, amendment, transfer, claims, and discharge)
• Process trade financing: negotiation, discounting, acceptance, pre/post-shipment finance, supply chain finance, trust receipts, and factoring
• Execute cross-border and local remittances via SWIFT MT/MX formats; handle Nostro/Vostro settlements, interest/fee calculation, and booking
• Administer accounts, process amendments/cancellations, and perform reconciliation with general ledgers

Document Examination

• Review documents against UCP 600, ISBP, URC 522, and LC terms
• Verify Bills of Lading, invoices, packing lists, insurance, and certificates for completeness and consistency
• Identify discrepancies, resolve issues with customers/banks, and decide on acceptance or rejection

Compliance, Risk & Control

• Conduct sanctions, AML, and anti-financial crime screening using tools like World-Check One
• Review credit limits, facility validity, and collateral; flag high-risk and suspicious transactions
• Comply with MAS regulations, OFAC/UN/EU sanctions, and internal controls; follow Maker/Checker workflows and maintain audit trails

SWIFT & System Operations

• Prepare, verify, and authorize SWIFT messages; input transactions into core banking systems
• Perform compliance and vessel/port checks; maintain secure digital/physical records and archives

Customer & Stakeholder Support

• Advise corporate clients and correspondent banks on trade terms and procedures
• Provide status updates, settlement confirmations, and coordinate with other department such as Compliance

Reporting

• Resolve operational issues and follow up on outstanding items
• Prepare management reports, support audits, regulatory submissions, and month-end closing
• Assist in process updates, automation, and system UAT; perform other ad-hoc duties as assigned

Qualifications

• Diploma or higher in Banking, Finance, Business Administration, or related fields
• Preferably 3+ years of hands-on core Trade Finance Operations experience in a bank or financial institution
• Understand international trade rules, SWIFT MT/MX messaging, and compliance screening tools
• High attention to detail, strong risk awareness, and ability to work efficiently to meet deadlines
• Excellent communication and interpersonal skills; capable of working independently and collaborating effectively within a team