• Job category
    Banking and Finance
  • Job level
  • Contract type
  • Location
  • Salary
    S$2000 - S$3000

Job Description

  1. Processing of Letters of Credit – 2nd Advising/Direct and Lc amendments.
  2. Attend to clients at the counter for Letter of Credits/Amendments collection and handle payments.
  3. Balance daily payment of advising/amendments charges made by cheques or cash.
  4. Fax or email Letter of Credit/amendment advise to clients.
  5. Waive charges in Finacle.
  6. File, sort, dispatch of Letter of Credit and Amendment.
  7. Calling up clients or sending swift messages with Letter of Credit/Amendment pending at the counter for 3 days for more.
  8. Processing of Import Letters of Credit and Amendment.
  9. Handling of import documents (under LC and collection) from lodgement stage till realization.
  10. Processing of TR, Invoice and Freight Financing requests including approval, follow-up and realization. Excel register maintenance related to all import financing.
  11. Handling Inward Documentary Collections (IDC) and Outward Documentary Collections (ODC) including followup of overdue collections.
  12. Conduct all due diligence / EDD checks such as name screening, sanction checks, price checks as per AML CFT policy and to ensure all checks done as per product checklists (including vessel tracking / IMB checks).
  13. Update daily exception report and preparing other daily / weekly / monthly reports related to the desk (including irregularity report).
  14. Processing import payments via debiting customer account/trust receipts.
  15. Ensuring that transactions are done as per various policy/regulatory guidelines (compliance, risk, loan, UCPDC, TF Manual and AML/ CFT Policy and Procedures and ICC guidelines etc.)
  16. Weekly / Monthly balancing of products handled.
  17. Achieving business targets allotted.
  18. Reconciliation of Nostro account entries related to the area of operations.
  19. Attending to queries of customers, supervisors and other banks via phone mail, swift, walk in etc. related to the area of operations.
  20. Timely submission of audit documents and attending to audit requirements for all audits including IA, Internal, Compliance, Statutory & Regulatory audits
  21. Other trade related activities based on business / bank requirements


Diploma or Degree Holder in any field

Minimum 2-3 years relevant Trade Finance experience in Bank

Good communication skills

Good Excel skills and Microsoft office experience

Closing on 29 Oct 2021

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