Trade Finance Specialist – Maritime Collateral

United Overseas Bank Limited; Singapore; On-site; SGD 45,000 - 75,000; Full time

Job summary

United Overseas Bank Limited in Singapore seeks a focused Trade Operations Analyst to handle end-to-end trade transactions, input data into systems, and ensure compliance with CAS requirements. You will collaborate with cross-functional teams to safeguard the bank's interests.

The role involves monitoring MTM and LTV, coordinating collateral, performing reconciliations, and identifying exceptions. A Bachelor’s degree or diploma, strong Excel skills, and clear communication are essential for

Qualifications

• Bachelor Degree or Diploma with working experience in trade transactions.
• Good communication skills.
• Proficiency in Microsoft Office, particularly Microsoft Excel.

Responsibilities

• Prepare trade transaction requests in accordance with approved CAS requirements and bank policies and procedures
• Prepare bunkering transactions and input data into the factoring system
• Perform price checks
• Monitor Mark-to-Market (MTM), Loan-to-Value (LTV) and vessel movements
• Manage cash margins, insurance, inventory, receivables and collateral, to safeguard the Bank's interests.
• Coordinate Collateral Managers to facilitate the controlled release of goods and collateral.
• Conduct sampling and verification checks
• Perform monthly reconciliation of client’s limits
• Identify and elevate exceptions, irregularities and suspicious transactions
• Report issues to Team Lead, Head of BBTF, BBTF Sales, Business Unit, Group Compliance and relevant stakeholders

Skills

Trade transactions

Communication skills

Education

Bachelor's Degree or Diploma in a relevant field

Tools

Microsoft Excel

Job description

United Overseas Bank Limited in Singapore seeks a focused Trade Operations Analyst to handle end-to-end trade transactions, input data into systems, and ensure compliance with CAS requirements. You will collaborate with cross-functional teams to safeguard the bank's interests.

The role involves monitoring MTM and LTV, coordinating collateral, performing reconciliations, and identifying exceptions. A Bachelor’s degree or diploma, strong Excel skills, and clear communication are essential for