Trade Finance Specialist

Vamancore Pte Limited; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading trade finance company located in Singapore is seeking a professional to manage trade finance operations, including the handling of Letters of Credit and bank liaison activities. The ideal candidate will have strong negotiation skills, familiarity with compliance documents, and the ability to monitor risks and prepare reports. This role requires experienced professionals looking to impact trade finance processes significantly.

Qualifications

• Experience in handling Letters of Credit issuance and management.
• Strong negotiation skills with international banks.
• Familiarity with compliance standards like UCP 600 and AML.

Responsibilities

• Handle end-to-end processing of Letters of Credit.
• Negotiate with banks on pricing and terms.
• Prepare and review trade compliance documents.
• Monitor exposures and cash-flow risks.
• Prepare periodic reports on trade finance.

Skills

Trade finance operations

Bank management

Documentation compliance

Risk monitoring

Reporting

Job description

Key Job Responsibilities

1. Trade Finance Operations

• Handle end-to-end processing of Letters of Credit (LCs) issuance, amendments, negotiation, and closure
• Manage Trust Receipts (TRs), Invoice Financing, and Packing Credit facilities
• Coordinate documentation for commodity shipments and vessel-based trades
• Monitor utilization of trade limits across banks and facilities

2. Bank & Counterparty Management

• Act as the primary liaison with international banks (Singapore, Dubai, India, etc.)
• Negotiate pricing, tenor, and collateral terms for trade facilities
• Resolve discrepancies, delays, and document rejections with banks

3. Documentation & Compliance

• Prepare and review trade documents including:
• Commercial Invoices
• Bills of Lading
• Insurance Certificates
• Certificates of Origin
• Ensure compliance with UCP 600, ISBP, Incoterms, and bank-specific rules
• Coordinate with internal teams to ensure AML, KYC, and sanctions compliance

4. Risk & Exposure Monitoring

• Track outstanding exposures by bank, vessel, and counterparty
• Monitor maturity schedules, rollovers, and repayments
• Flag cash-flow risks and funding gaps in advance

5. Reporting & MIS

• Prepare periodic reports on:
• Outstanding LCs, TRs, and invoice financing
• Bank balances and utilization
• Trade finance costs and interestSupport management with data for liquidity and funding decisions